Sunday 10 October 2021

Anjani Portland Cement

Reasons for buying:

Buy PE was reasonable at 11.54 and above 10 years PE median of 10.71.

Earnings have increased 5 times from 2015.

Return on equity is ok at 27.4%.

The market cap of the company is ₹1,025.33cr.

Zero debt company with ₹186.46cr in cash.

Buy date: 10-Oct-2021

Qty: 24 Buy Price: ₹406 Buy EPS: 35.17 Buy PE: 11.54

The price of the stock is down about -23.89% from my buy price. I will stop buying when EPS drops to 20.3.

Price dropped by 10% and added 10k worth of shares. The EPS is down by -15.38%.

Buy date: 15-Nov-2021

Qty: 27 Buy Price: ₹365.00 Buy EPS: 29.76 Buy PE: 12.26

Price dropped by 20% and added 10k worth of shares

Buy date: 23-Nov-2021

Qty: 33 Buy Price: ₹302.00 Buy EPS: 29.76 Buy PE: 10.14

The company's operating segments include cement and power plant. The company generates maximum revenue from the cement segment.

Buy date: 14-Feb-2022

Qty: 35 Buy Price: ₹284 Buy EPS: 25.48 Buy PE: 11.14

Buy date: 11-May-2022

Qty: 41 Buy Price: ₹241.95 Buy EPS: 25.48 Buy PE: 9.49


Sold the stock since EPS has fallen to 3.1

Sell date: 12-Aug-2022

Qty: 160 Buy Price: ₹211.55 Buy EPS: 3.1 Sell PE: 68.24



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