April 24, 2024

ICICI Securities Shareholders Challenge Delisting , Form Action Committee - ET Link

 Please click ;-

https://economictimes.indiatimes.com/markets/stocks/news/icici-securities-minority-investors-to-challenge-delisting/articleshow/109546297.cms?from=mdr

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Blog Comments

Shareholders' Activism Zindabad

 Share Activism is a step in the Right Direction. There is , always , a threat of oppression by the Majority shareholders ( Promoters )on Minority ( Public ) shareholders.

 please click


https://www.bloombergquint.com/business/2017/10/12/billionaires-taken-to-task-by-rise-of-india-s-minority-investors

 Till date, the most powerful tool in the hands of minority shareholders has been bringing a suit for oppression and 

mismanagement, said Suhail Nathani, managing partner, Economic Law Practice. "Under the 2013 Companies Act, 

Section 245, over 100 shareholders can also file a class action suit but its application and enforcement is still nascent," 
he said. 

Read more at:

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Blog

 OLD POST 

February 14, 2018

Games Promoters Play ( on Minority Public Shareholders ).

Promoters use clever moves to forcibly eject Public shareholders when ever they feel like i.e. when the Company has excellent future prospects or when it suits the Promoters. 


1 ) Selective cancellation of Non Promoters shares.


2 ) Conversion of Equity shares in to Redeemable Preference Shares.


3 ) Consolidation of face value of one share to a Higher Denomination .



In all cases , valuers are appointed and Paid by the Company. Thus they are Promoters' Agents.
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HUM MEHNAT KASH ISS DUNIYA SE

JAB APNA HISSA MANGEY GEY

IK BAGH NAHI; IKK KHET NAHIN

HUM SAARI DUNIYA MANGEY GEY

( Josh Malihabadi )
---
Saada Haq -   Ethey Rakh

 

April 23, 2024

Indofil Industries - Analysis by Altius Investech- Message Received

BLOG DISCLAIMER 

 MESSAGE AS RECEIVED .PLEASE RECHECK INDEPENDENTLY   ALSO

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 MESSAGE

 


 
 
About The Company
  • Indofil Industries Limited (IIL), is a KK Modi Group company, and is engaged in manufacturing of agrochemicals (technical and formulations) and specialty chemicals.
  • IIL is a one of the leading manufacturers in the world of Mancozeb, the world’s largest selling fungicide.
  • The company has two divisions, namely agrochemicals (mainly fungicides, insecticides, etc.) and specialty & performance chemicals (SPCD) (performance chemicals for textile, plastic, coating, etc.).
 
 
Shareholding Pattern
 
  • K.K. Modi Investment & Financial Services Private Limited: 44.75%
  • UPSIDC LIMITED: 9.45%
  • APMS Investment Fund Ltd: 7.12%
  • Modi Industries Limite: 4.57%
  • Cresta Funds Ltd: 2.17%
  • Life Insurance Corporation of India: 1.3%
 
 
Financial Highlights
 
Indofil industries Financial
 
Valuation
 
  • No of outstanding shares: 20.66 Cr.
  • Current market price: Rs 810/sh 
  • Market capitalization: Rs 1834.36 Cr.
  • Price/sales: 0.6 times
  • Price/earnings: 7.01 times
 

Peer Comparison

Indofil Industries Peer comparison
 
Given the figures above, it is clear that indofil's P/E right now is five times lower than its peer and that it has a great deal of potential to provide respectable returns in the future.
 
 
Know More
 
Altius's App
 
In case you want any personal assistance, you can reach out to us at +918240614850(Yash) or support@altiusinvestech.com
 
 
Altius Investech P Ltd
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2nd Floor Room No - 204
Kolkata - 700013
abhishek@altiusinvestech.com
+91 82406 14850
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April 22, 2024

Shares for Investment - Moneycontrol Link

 Please click ;-


https://www.moneycontrol.com/news/business/markets/experts-bet-on-these-10-stocks-that-may-outperform-market-with-healthy-returns-12688281.html

Year 2011 -Shares / Communist Party -Post Reprinted

 October 30, 2011
Investors Flay " Occupy Dalal Street " Move by Communist Party ( CPI )


While even China is encouraging Share Markets and public participation , Communist Party of India is trying to push India backwards by their ill advised  " Occupy Dalal Street "  Move from 04-11-11

Instead of protesting Communist Parties should encourage the Share Markets as share markets facilitate wider holding in large enterprises even by small share holders . This spreading out of wealth and wealth creation among many people is  another form of Socialism .

In India companies like Hero Moto ( earlier Hero Honda ) , Cummins , Hindustan Unilever , ITC , Reliance group etc etc have financially enriched lakhs of small investors.

State ownership as the erstwhile USSR also have proven leads only to an inefficient and wasteful enterprise model. So called socialist policies and state monopolies kept India backward and brought it to the brink of bankruptcy in early 1990 s. Reforms initiated by Dr. Man Mohan Singh have made India oneof the fasted growing economies of the World. 

April 21, 2024

Dalmia Bharat Refractories . Any seller at Rs 330/share- Please Comment

 If there is any seller at Rs. 330 / share . Please comment

Regards

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OLD POSTS

April 20, 2024

Dalmia Bharat Refractories share price Jumps to Rs.300 /- PLEASE RECONFIRM INDEPENDENTLY ALSO

 Blog DISCLAIMER 

 PLEASE RECHECK INDEPENDENTLY. 

CAUTION- PLEASE DO NOT TAKE ANY INVESTMENT DECISION BASED ON THIS .

PLEASE DO ONLY A FURTHER SELF STUDY/ INVESTIGATION.

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Reported in the Unlisted Markets

Big jump in the share price of DBRL in the unlisted share market!

Maybe someone is buying shares. More demand = Increase in price.

Price around 250/- now.

250/- to 300/- is reasonable price as per current valuation.

 Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

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OLD POSTS

April 09, 2024

Dalmia Bharat Refractories. Book Value Rs.665 /38 Worked Out by Analysts / Dealers

 Please click -

https://www.planify.in/research-report/dalmia-bharat-refractories-limited/

 Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

==

Blog Request  Please Recheck All Details

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OLD  POSTS

 

March 19, 2024

Dalmia Bharat Refractories Becoming like Dalmia Group's Tata Investments / Bajaj Holdings / Nalwa Sons

 

 Dalmia Bharat Refractories has become Dalmia Group's Holding ComPANY

 Huge Investments in Hippo Stores

Please click ;-

https://drive.google.com/file/d/1CzY7bYRIDW35WCgHndx8UCkdkp52OZDJ/view?usp=sharing

https://drive.google.com/file/d/1_spvoURdOfxvtCJcczSQUSL45_QHkeic/view?usp=sharing

 Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

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Hippo Stores site

https://www.hippostores.com/ 

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OLD POSTS

February 16, 2024

Dalmia Bharat Refractories - Rs 676 / 50 p per share Valuation by Company's Calculations

 

Fantastic Official Valuation and Hidden Assets

Please refer to Page 5 , Point 16;2 of the link 

https://www.dalmiaocl.com/documents/Valuation_Report.pdf

Share Exchange Ratio between Dalmia Bharat Sugar and Dalmia Bharat Refractories

https://www.dalmiaocl.com/documents/Scheme_of_Arrangment.pdf

 Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

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 OLD POSTS

February 06, 2024

Dalmia Bharat Refractories -Share Trading Around Rs. 250 in Unlisted Market Excellent Q3- 2024 Results . Merger of some Dalmia Sugar Units

 For Q3 -2024 , please click ;-

https://www.msei.in/MeetingAnnouncement/DALMIARF/Outcome%20of%20Board%20Meeting/202422/02022024_DALMIARF_01.pdf

 Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

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Merger of some Units of Dalmia Bharat Sugar

https://www.msei.in/MeetingAnnouncement/DALMIARF/Company%20Update/202422/02022024_DALMIARF_03.pdf

 

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Because of Demerrger ,shareholders of Dalmia Bharat Sugar , which id listed in NSE and BSE would get shares of Dalmia Bharat Refractories ,which is a defacto Unlisted share , So Dalmia Bharat Refractories ' share would get listed in BSE / NSE

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Dalmia Bharat Refractories Listing - SEBI new Rules

SEBI New Listing rules

Time period for trading and listing of securities post merger/demerger has been extended by 15 days {i.e. earlier time period of 45 days (Trading in Securities) has been extended to 60 Days (which includes both listing & trading of Securities} from the date of NCLT order.

https://www.corporateprofessionals.com/regulatoryupdate/amendment-to-the-sebi-circular-relating-to-scheme-of-arrangement-involving-listed-companies/ 

 Important ; 

 Dalmia Bharat Sugar is listed in BSE / NSE. 

 Dalmia Bharat Refractories has been listed at Calcutta Stock Exchange and Metropolitan Stock Exchange , which have no share trading .

EXPERTS OPINE THAT INVESTORS OF DALMIA BHARAT CANNOT GET SHARES OF OF NON OPERATIONAL STOCK EXCHANGES LISTED COMPANY.

SO THERE WOULD BE   NSE / BSE LISTING OF DALMIA BHARAT REFRACTORIES

Please Recheck this.

As such there are , now , no sellers ,     in the Unlisted Market , of shares of  Dalmia Bharat Refractories even at Rs. 200 / share

Blog Caution 
PLEASE RECHECK INDEPENDENTLY. 

CAUTION- PLEASE DO NOT TAKE ANY INVESTMENT DECISION BASED ON THESE  POINTS  .

PLEASE DO ONLY A FURTHER SELF STUDY

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January 12, 2024

Dalmia Bharat Refractories Exciting Prospects in Magnesia Carbon and Birla Tyres

  Please click ;-

https://drive.google.com/file/d/14SJxu6Pb6qiZIUO79xM4bzkn31qlePsl/view?usp=sharing

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December 23, 2023

Dalmia Bharat Refractories Shareholders Demand Allotment of Dalmia Bharat shares on Proportionate Basis

 Dalmia Bharat Refractories  which already held a sizable holding in Dalmia Bharat Limited has  further 6  lakh 53 , 000 shares of Dalmia Bharat at Rs. 2201 / share.

https://www.msei.in/MeetingAnnouncement/DALMIARF/Company%20Update/20231222/22122023_DALMIARF_01.pdf 

 Shareholders of Dalmia Bharat Refractories are demanding that the holding of Dalmia Bharat be allotted to shareholders of Dalmia Bharat Refractories , on a Prorata basis as a Bonus issue

Dalmia Bharat Ltd is Listed in BSE /NSE whereas Dalmia Bharat Refractories shares are defacto Unlisted.

Hence , shareholders of Dalmia Refectories will have an opportunity to en cash some part of their holdings in BSE / NSE.

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'What is going on in Dalmia Bharat Refractories and Metropolitan Stock Exchange'-? Investors are  asking.

1  Had Dalmia Bharat Refractories , which is Rs. 10 paid up ,been listed at BSE / NSE its rate would have been upward of  Rs. 500 .?

2 . Why is Dalmia Bharat Refractories avoiding BSE / NSE listing. ?

3 . How is Metropolitan Stock Exchange showing transactions at Rs. 165 , when there are trades in the Unlisted Market at around Rs. 250 ?

4 How is Metropolitan Stock Exchange showing deals n Dalmia Bharat Refractories shares when there is no Equity trading there ? ,

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 Considering the bright future of Dalmia Bharat Refractories in Magnesia Carbon , Birla Tyres , investment , inter alia , in shares of Dalmia Bharat and RHI Magnesita  , it is being discussed in Investors ' circles that share price of  Dalmia Bharat Refractories would , from present Rs. 250 , zoom past Rs. 500 . - PLEASE RECHECK THIS INDEPENDENTLY BEFORE TAKING ANY INVESTMENT DECISION. NO RESPONSIBILITY WITH THIS BLOG.

  Shares of  of RHI Magnesita ,in which Dalmia Bharat Refractories has a a large holding are around Rs ,725 per Share.

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Dalmia Bharat Refractories - Promoters Sell Stake to Another Group Company at Rs. 427 /share

 

Please click ;- 


 https://www.bseindia.com/xml-data/corpfiling/AttachLive/8fba22df-82d3-45d6-836c-076dd281a0d9.pdf

 

The remaining   Non Promoter shareholders should also get a Buy back offer / Exit Option at Rs. 427 per share. There has been a Change of Promoters

 

Further , there should be immediate BSE listing , as was promised by the Promoters at the time of merger of Dalmia Refractories and OCL Refractories.

 

Investors are shocked to see that Dalmia Bharat Refractories has been listed at Calcutta Stock Exchange , which has no share trading and Metropolitan Stock Exchange .

 

How come Metropolitan Stock Exchange was reporting, a few days back , share transactions of Dalmia Bharat Refractories at Rs. 150 / share ,where as Promoters are selling their shares at Rs.427 / share.

 

Investors are demanding a full enqiry .

 

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Dalmia Bharat Refractories- Why Promoters Not Buying From Metropolitan Stock Exchange ?

 Dalmia Bharat Refractories' promoters are Buying / Selling its shares at Rs.  427/ share. 

Metropolitan Stock Exchange is reporting share transactions of Dalmia Bharat Refractories around Rs 160 / share. 

It makes a perfect Business sense for Promoters to buy more of these shares  from Metropolitan Stock Exchange at these rates.

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November 07, 2023

Dalmia Bharat Refractories-Gets Demerged Birla Tyres Unit- Lottery ? DBRL Rate Shoots Up- PLEASE RECHECK THIS INDEPENDENTLY

 Birla  Tyres  Unit to be demerged with Dalmia Bharat Refractories

Please click ;-

https:// drive.google.com/file/d/19EEQP4FoCII-uepGdcPXwEhbaxFjkyYK/view?usp=sharing

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Birla Tyres - Lottery ? Also for Dalmia Bharat Refactories - Acquired at Rs 347 cr Relacement cost Rs.3100 cr

 

https://www.bseindia.com/xml-data/corpfiling/AttachHis/aa95abfa-674b-40a5-8cf7-111ff3110015.pdf

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It appears some shares of Dalmia Refractories are available with Dealers of Rare Indian Shares  .

BLOG DISCLAIMER


General Warning : Investment in Shares Can be Injurious to Your WEALTH

Disclosure : The Blog writer in his / family names has  holdings in Dalmia Bharat Refractories  So please make suitable " provisions " for any likely Over Optimism


NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this Blog or Blog Writer