@newgen consultancy What's this take on Results.? Looks stable but what can be the target.? Will flair impact cello after listing because I see flair has good demand compared to this.? Waiting for your response
Already posted my take on Aman Soni ji's thread below. Should propel it to 800+ next week.
771.2. MuStrFc| Link| Bookmark|
November 26, 2023 7:50:34 PM
IPO Guru (3000+ Posts, 2400+ Likes)
As i see that regardless of the minute quarterly growth on the basis of consolidated figures, if the six month figures are annualised, the results are subdued and fall short by around 20% in sales and 10% in PAT. P/E due to results already looks inclined towards north of 49.
And as obviously due to market conditions and euphoria since the CCPS conversion is exercised, if just for a moment you factor that in,the EPS gets diluted further and the P/E hence looks more pricey.
The one good thing is the new capex infused for the new facility which should hopefully boost results by FY24 end.
771.3. ValueSeeker| Link| Bookmark|
November 28, 2023 10:30:21 AM
IPO Guru (1500+ Posts, 600+ Likes)
Glad to see it move as I anticipated. I am generally not good at calling out near term. And signals from the result were mixed too, not outright positive.
770. Mr. Agrawal| Link| Bookmark|
November 23, 2023 11:11:53 AM
Top Contributor (500+ Posts, 100+ Likes)
@Mr. Agrawal ji, I sold both bHNI lots. Needed funds for future IPO's. Anyways I'm not a long term hold guy, I prefer to book profit/loss and move on.
769. Hrishikeh| Link| Bookmark|
November 21, 2023 3:27:38 PM
Top Contributor (500+ Posts, 100+ Likes)