Thursday, 28 April 2022

Kopran

Reasons for buying:

Buy PE was reasonable at 19.43 and above 10 years PE median of 11.22.

The 5-year earnings average is 25.2% and earnings are lackluster.

Return on equity is good at 28.34% but the 5-year average is 17.67%.

The market cap of the company is ₹1,285.05 Cr.

The debt of the company is 66.30 Cr with ₹7.98 Cr in cash.

Buy date: 28-Apr-2022

Qty: 38 Buy Price: 263 Buy EPS: 13.53 Buy PE: 19.43

I will stop buying when EPS drops since I have purchased at 20 PE.

Kopran Ltd. is a holding company, which engages in the manufacturing of pharmaceuticals and related products. It operates through the following business units: Formulations, and Active Pharmaceutical Ingredients. The firm's products include Amyn, Lokit, and Ciproquin. The company was founded on April 26, 1958, and is headquartered in Mumbai, India.

Tuesday, 26 April 2022

Gujarat State Petronet

Reasons for buying:

Buy PE was reasonable at 9.11 and below 10 years PE median of 11.76.

The 5-year earnings average is 28.08% and earnings increasing since 2012 except in 2014, 2016, and 2021.

Return on equity is good at 28.5% but the 5-year average is 35.73%.

The market cap of the company is ₹14,923.39 Cr.

The debt of the company is 1,923.31 Cr with ₹649.60 Cr in cash.

Buy date: 27-Apr-2022

Qty: 38 Buy Price: 261.6 Buy EPS: 28.7 Buy PE: 9.11

I will stop buying when EPS drops to 13.08 but will add 10k if the price drops to 235.

Gujarat State Petronet is a regulated Indian natural gas utility company of which the largest shareholder is a state-owned oil and gas exploration company, Gujarat State Petroleum Corporation. Gujarat State Petronet is primarily involved in the provision of natural gas, compressed natural gas, and liquified natural gas transmission services in the Wear Indian state of Gujarat through its pipeline network. The company derives the vast majority of its sales from service fees relating to the transportation of gas to domestic, industrial, and commercial customers, With its many subsidiaries and associate firms, such as Gujarat Gas, Gujarat state Petronet is one of the largest gas distributors in India.

APL Apollo Tubes

Reasons for buying:

Market Cap: ₹26,104.26 Cr

Debt to Equity: 0.31

Return on Equity 5Y Avg: 22.07%

EPS - 5Y Growth: 30.08%

Price-earnings to growth (5Y): 1.46

5Y RoE Consistency - Sustained without losing 20% in any year

Buy date: 26-Apr-2022

Qty: 9 Buy Price: ₹1,050.80 Buy EPS: 20.51 Buy PE: 51.23

Will continue to add when a stock falls 10% as long as the ratios remain the same. High PE stock will take years to make money for me.

APL Apollo Tubes is a steel pipe and tubes manufacturer. Its product consists of MS Black pipes, Galvanized Tubes, Pre-Galvanized Tubes, and Hallow sections used for structural application household structural applications, solar plants and agriculture structures, engineering, and greenhouses. It operates in a single segment that is the production of ERW steel tubes. Geographically, It operates only in India.

Sasken Technologies

The stock appeared on the HDY screen and I have bought 12@817.9, will plan to sell it when it is not on the HDY screen.

Date: 27-04-2022

Sold 12@841.7 as the stock is not on the HDY screen


Date: 28-04-2022

Bought 12@825

HCL Technologies

The stock appeared on the HDY screen and I have bought 9@1096.9, will plan to sell it when it is not on the HDY screen.

Sunday, 24 April 2022

Buyback

I have sold 15 shares at 600 of Gulf Oil Lubricants India in the buyback, initial entitlement was given as 4 shares for 57 shares I hold.

Folio No. / DP ID and Client IDNo. of Equity Shares held as on Record DateEntitlement for Buy Back [No. of Equity Shares]
1208160002856801574

15 shares were now taken as part of the buyback which is 26.31%. I made a profit of 3000 rupees and did purchase back 15 shares at 450 original purchase was at 580.

This buyback is profitable.