Saturday 19 June 2021

Andhra sugars

Reasons for buying:

Buy PE was reasonable at 7.65 and above 10 years PE median of 6.40.

Earnings have been increasing since 2015.

Return on equity is good at 17.78%.

The market cap of the company is ₹1,167.64cr.

The debt of the company is 260.72cr with 171.00cr in cash.


Buy date: 18-Jun-2021

Qty: 23  Buy Price: 430  Buy EPS: 56.16   Buy PE: 7.65


Q4 results are going to be released on 30th June.

The price of the stock is up about -0.19% from my buy price. 

The company produces sugar and caustic soda. It also operates in power generation and industrial chemicals as well. The share price returned 16.82% in the last decade.

Deccan Cements

Reasons for buying:

Buy PE was reasonable at 6.53 and below 10 years PE median of 10.06.

Earnings have doubled in the last 5 years.

Return on equity is excellent at 22.69%.

The market cap of the company is 765.86cr.

The debt of the company is 105.45cr with 116.65cr in cash.


Buy date: 18-Jun-2021

Qty: 18  Buy Price: 537  Buy EPS: 82.19   Buy PE: 6.53


Q4 results were released on 11th June.

The price of the stock is up about 2.18% from my buy price. 

The company produces cement in the form of clinkers, portland cement, slag cement, and similar. The company also power division including thermal, hydel, and wind. Cement and thermal power plants are located in Nalgonda, Telangana, Hydel power plant in Guntur, Andhrapradesh The share price returned 22.53% in the last decade.

Mold-Tek Technologies

Reasons for buying:

Buy PE was reasonable at 16.52 and below 10 years PE median of 19.32.

Earnings have been increasing since 2012 and there is a dip in 2021.

Return on equity is good at 17.77%.

The market cap of the company is 167.27cr.

The debt of the company is 2.86cr with 4.97cr in cash.


Buy date: 18-Jun-2021

Qty: 169  Buy Price: 59  Buy EPS: 3.57   Buy PE: 16.52


Q4 results were released on 7th June.

The price of the stock is up about 1.53% from my buy price. 

The company provides structural engineering and detailing mechanical engineering services and information technology services. It generates a majority of revenue from structural engineering services. The share price returned 17.39% in the last decade.

Friday 18 June 2021

Seshasayee Paper & Board

Reasons for buying:

Buy PE was reasonable at 9.95 and above 10 years PE median of 9.56.

Earnings were 50% less than earnings of 2019 and hoping that they will improve in the coming years.

Return on equity is ok at 9.78%.

The market cap of the company is 1,079.73cr.

The debt of the company is 10.21cr with 326.35cr in cash.

Cash-rich companies can survive slumps and the downside can be padded.


Buy date: 18-Jun-2021

Qty: 59  Buy Price: 168   Buy EPS: 16.87   Buy PE: 9.95


Q4 results were released on 22nd May.

The price of the stock is up about 2.08% from my buy price. 

The company manufactures printing and writing papers, packing and wrapping papers, and specialty papers. The company derives revenue from the sale of papers and operations functions in Tamilnadu. The share price returned 13.59% in the last decade.

Tuesday 8 June 2021

Coromandel International

Reasons for buying:



Buy PE was reasonable at 16.64 and below 10 years PE median of 17.86.

Earnings have increased since 2014 with a dip in 2016.

Return on equity is excellent at 28.08%.

The debt of the company is 1,625.12cr with 78.30cr in cash.

The market cap of the company is 24,973.86cr.


Buy date: 09-Sep-2020

Qty: 14   Buy Price: 711.52    Buy EPS: 42.74   Buy PE: 16.64


Q4 results were released on 29th April and the current EPS is 45.34 up about 6.08% from my buy EPS.

The price of the stock is up about 20.74% from my buy price. I received a dividend of 84.

The company manufactures and sells fertilizers and crop protection chemicals to the agriculture industry. The company derives revenue from India, Latin America, and Africa. The share price returned 10.15% in the last decade.