Adesh Jain

[Shreyansh Sheth @shrey9341]

End of an Era: Ratan Tata Passes Away 🙏

The saddest hour for the nation

The real Ratan of India 💎

Om Shanti 🕉️

[Shreyansh Sheth @shrey9341]

MGEL 29.3 🥰😍

16 to 29.3 in 6 months

83% Move Done ✔️

Personally booked trading qty. Investment qty TSL to cost.

#StockMarket #stockmarketsindia #NSE #stockbreakouts #StockAlert
#DarkHorse

[Shreyansh Sheth @shrey9341]

Number of economist in India

31st jan - 1045
1st feb -3,56,171
2nd feb - 7,67,806
3rd feb - 1045

#Budget2024 #BudgetwithZeeBusiness

[Adesh Jain @AdeshJain1011]

@shrey9341 Technically

Stock has given higher closing from last 4 weeks on weekly charts and higher closing from 4 months on monthly charts.

Highest monthly Volume on Monthly Chart this month from last 10 months. (Still 14 days left).

[Shreyansh Sheth @shrey9341]

Disclaimer:- I am not SEBI Registered. Please consult your financial advisor and Know Your Company (KYC) before investing. Personally invested/Skin in the game based on my own technical and fundamental skills. View is shared for Educational Purpose only.

[Shreyansh Sheth @shrey9341]

Stock looks good for Mid to Long Term. Charts are showing good breakout. RSI has also shown good breakout.

Fundamentals are good and improving. Increasing Promoter holding and direct infusion of funds by Promoter shows how keen Promoters to take business to next level.

[Shreyansh Sheth @shrey9341]

Apart from the exercise of warrants, the promoters and directors have added funds of around 24.13 crores during the FY22-23 for the purpose of business. Company is expanding business in very strategic way.

[Shreyansh Sheth @shrey9341]

During the FY22-23 payment was received for 16.87 lakhs warrants from the Promoters and these warrants were converted into shares (payment on warrants of around 11 lakhs is yet to be received).

[Shreyansh Sheth @shrey9341]

The Company had issued 37.50 lakhs warrants in Nov-21 at an issue price of Rs.52 (pre-split; post-split price of Rs. 10.4) with an option to convert 1 warrant into 1 equitable shares to Promoters. Promoter have increased stake considerably.

[Shreyansh Sheth @shrey9341]

Pros & Cons

- Stock PE 16 vs Industry PE 37 👍🏼
- Debtor days have increased from 37.9 to 53.8 days. 👎🏻
- Company has been maintaining a healthy dividend payout of 35.3% 👍
- Company has low Operating Margins 👎

[Shreyansh Sheth @shrey9341]

Pros & Cons

- Promoters have increased stake in last 3 quarters. 👍
- Compounded Sales Growth (3 Years) - 35% 👍
- Compounded Profit Growth (3 Years) - 75%👍
- They acquired one company through NCLT 👍
- Promoter holding 75%👍

[Shreyansh Sheth @shrey9341]

MGEL (Mangalam Global Enterprise Ltd.) has 4 divisions.

- Agriculture (Mangalam Agri)
- Stainless Steel (Mangalam Saarloh)
- E-waste Management (Mangalam ECS)
- Specialty Chemicals (Mangalam Dura)

[Shreyansh Sheth @shrey9341]

Company Name: MGEL

The Company is a multinational conglomerate, with a rich legacy of 8 decades spanning from 1942. Mangalam has strategic interests in various crucial industries like Agriculture, Stainless Steel , E-waste Management, Specialty Chemicals.

[Adesh Jain @AdeshJain1011]

@shrey9341 🤣🤣🤣

[Shreyansh Sheth @shrey9341]

Real Long Term Investor 🤣👍🏻🤣

#investing #nseindia #BSE #StockMarketindia #stockstowatch #Nse #investments

[Shreyansh Sheth @shrey9341]

IPO UPDATE 🚨

Doms IPO : Day 1
Retail Subscription : 20 Times
Total Subscription : 6 Times

India Shelter IPO : Day 1
Retail Subscription : 2.5 Times
Total Subscription : 2.3 Times

More IPO's Lined up in next couple of week.

Be ready, guys. 💰💰

[Shreyansh Sheth @shrey9341]

📢4 Main Board IPOs are confirmed with extraordinary demand.

💸Doms Industries: IPO Price 790, GMP 505 (64% of IPO Price)

💰India Shelter: IPO Price 493, GMP 145 (29%)

💵Inox India: IPO Price 660, GMP 335 (51%)

💶Motisons: IPO Price 55, GMP 65 (118%)

#IPOAlert #Nse #Bse

[Shreyansh Sheth @shrey9341]

Disclaimer:- I am not SEBI Registered. Please consult your financial advisor and Know Your Company (KYC) before investing. Personally invested/Skin in the game based on my own technical and fundamental skills. View is shared for Educational Purpose only.

BSE SCRIP CODE:-531744

[Shreyansh Sheth @shrey9341]

- The company's EPS is close to double 5.29 (TTM) as compared to last year's EPS of 2.74 👍
- Stock is trading at a PE of 12.6 vs. industry PE 19.7 👍
- Book value 79.6 vs CMP 67

#BSE #StockMarket #BSE #Investing #StockMarketindia #stockstowatch #stockmarkets #sharemarket

[Shreyansh Sheth @shrey9341]

GINISILK

- Promoter Holding - 74.98% 👍
- Institution & HNI - 15.76%👍
- Retail holding 6.86%
- Debtor days have improved from 82 to 65 days.
- The company's working capital requirements have reduced from 195 days to 78.2 days