January 31, 2024

Dalmia Bharat Refractories - Buyers in Unlisted Market at Rs. 200 ,Metropolitan Stock Exchange Showing Deals at Rs. 165

 Please click ;-

https://www.msei.in/markets/equity/get-quotes/default?symbol=DALMIARF&series=EQ

 Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

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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 buyers in the Unlisted Market at Rs 200 + ?

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

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OLD POSTS

Blog Comments 

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 800 per Share.

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OLD POSTS

 

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.

Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

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OLD POSTS

 

December 15, 2023

Dalmia Bharat Refractories Trading at Rs 160 /- In Metropolitan Stock Exchange. Promoters Bought at Rs 427/share

 Please click ;-

https://www.msei.in/markets/equity/get-quotes/default?symbol=DALMIARF&series=EQ

Blog Credit to ;- Mr. Vijay, Jalandhar , m 7009409142 himanshusoi478@gmail.com 

 

Why is Dalmia Bharat Refractories avoiding a BSE / NSE listing  ?

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OLD POST

March 27, 2023

Dalmia Bharat Refractotries Shareholders Demand Buyback Offer at Rs 427 per Share , Also BSE Listing 

 

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 .

 

Investors ,would approach Mr. Rahul Gandhi .to demand a JPC inquiry in the     Parliament ,into the working of Dalmia Bharat Refractories and Metropolitan Stock

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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.

 Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

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Blog Comments

1 . Why is Dalmia Bharat Refractories avoiding BSE / NSE Listing ?

2 . After the holding Company of Dalmia Refractories Dalmia Cement sold its entire stake at Rs. 427 / share why are Non Promoter shareholders not given an offer of exit at Rs. 427 / share.?

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November 08, 2023

Birla Tyres of Dalmia Bharat Refractories Very Bright Prospects

Birla Tyres to invest ₹250cr in passenger radial segment 

Please click ;
https://timesofindia.indiatimes.com/city/kolkata/birla-tyres-to-invest-250cr-in-passenger-radial-segment/articleshow/105025864.cms

 Blog Credit to Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com 

==============

 

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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Blog Comments

This development explains why HNI s were  holding on / increasing their share holdings of Dalmia Bharat Refractories and Share Dealers have been approaching individual shareholders  for purchase of their shares

 Share rate of Dalmia Bharat Refractories has risen sharply , as per the buzz in the Unlisted Market circles/

INVESTORS ARE DISCUSSING THAT THE MARKET OF DALMIA BHARAT REFRACTORIES CAN GO UP FROM CURRENT Rs. 200 to Rs. 500 per SHARE

 BLOG CAUTION - PLEASE RECHECK ALL INFORMATION INDEPENDENTLY ALSO BEFORE TAKING ANY INVESTMENT DECISION . PLEASE DO ONLY  A SELF STUDY

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Shareholders of Birla Tyres    are to get Preference Redeemable Shares of Dalmia Bharat Refractories PLEASE recheck this Column 5 of Annexure A

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


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

EXPERTS OPINE THAT INVESTORS OF BIRLA TYRES 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

--------------

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


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


HDB Financial Services Q3 2024 Results

 Please click ;-

https://www.hdbfs.com/sites/default/files/debt/Unaudited%20Financial%20Results%20under%20Regulation%2033%20&%2052%20of%20SEBI.pdf

 Blog Comments

Some  shares  of   HDB Financial Services are available, for sale / purchase  with Dealers of Rare Indian Shares

January 30, 2024

BLSX Limited shares Trade in Unlisted Market

Official site

https://blsxltd.com/ 

Blog Comments

Some  shares  of   BLSX Limited  are available, for sale / purchase  with Dealers of Rare Indian Shares

January 29, 2024

Tues. 30 Jan: Get FREE Guidance on Insurance, Mediclaim, Consumer and Banking Related Issues, from Retired Banker Abhay Datar


img 1
 
Abhay Datar is a consumer activist and was also a Member of the Managing Committee of Mumbai Grahak Panchayat (MGP). He was Treasurer at MGP for over two and a half years. After working at Bank of Baroda for about 29 years, he retired as IT Manager. Mr Datar has resolved many cases related to banking and has also handled cases related to insurance and mediclaim.
 
Guidance and counselling will be provided on an appointment basis. Please do carry all documents relevant to you case.
 
 
 
Venue: Moneylife Foundation, 102, 1st floor, Prabhadevi Industrial Estate, Near Siddhivinayak Temple, Veer Savarkar Marg, Prabhadevi, Mumbai - 400025.
 
RSVP: Shilpa at +91 22 35131664 | +91 22 35036925 or Call/SMS/ WhatsApp on +91-7045156415 or email foundation@moneylife.in (Please give your Name. email ID & Contact number)
 
img 1

 

January 28, 2024

Silverline Technologies 2021-2022 Annual Report

 Please click ;-

https://www.silverlinetechnology.com/wp-content/uploads/2023/02/Annual-account-21-22-STL.pdf

Official Site

https://www.silverlinetechnology.com/ 

Blog Comments

Some  shares  of Silverline Technologies   are available, for sale / purchase  with Dealers of Rare Indian Shares

January 27, 2024

Polymatech Electronics 2022-2023 Annual Report

Please click ;-

https://www.polymatech.in/assets/annual-report/annual-report-2022-2023.pdf 

official site

https://www.polymatech.in/index.php 

Blog Comments

Some  shares  of Polymatech Electronics are available, for sale / purchase  with Dealers of Rare Indian Shares


Hacking PAN Card / Other Details- Latest Online Frauds - PLEASE BEWARE

Hackers, after obtaining father's  name of of the intended victim, are phoning these victims that their father has been  made, by mistake  an excessive payment., A manipulated snapshot of the payment credited  is also sent on the victim's mobile , thus making the victim believe as if the payment details have been sent by their Bank   

The victims are then requested to make an online payment.of the excessive payment. Thus, the victim parts with his PIN Details. The fraudsters then withdraw online the entire balance in the victim's Bank A/c .

January 26, 2024

Dalhousie town- in Himachal Pradesh was Pakistan -For 4 days from 14/08/1947 to 17/08/1947.

 

Dalhousie town was part of Gurdaspur District of Punjab.
 
Till 17/08/1947 every one assumed that under the Radcliffe Award ,Gurdaspur district would go to Pakistan.
 
For these 4 days ,soldiers of Baloch Regiment, which Regiment was allotted to Pakistan , took control of Dalhousie town . They also put up Pakistani flags in this beautiful hill station.
--------
 Incumbency Board of DC s of Gurdaspur District lists Mushtaq Ahmed Cheema as the DC from August 14 to 17, 1947, who later moved to Pakistan on that day. Indian DC Chanaya Lal took over from him on August 17.
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Please read
 

Ring Plus Aqua-2022-2023-Annual Report

 Please click ;-

https://ringplusaqua.com/downloads/Annual_Report_FY2022-23.pdf'

official site

https://ringplusaqua.com/ 

Some  shares  of Ring Plus Aqua are available, for sale / purchase  with Dealers of Rare Indian Shares


January 25, 2024

Delhi Flour Mills to Develop Residential Complex at its Upmarket Roshanara Road Land

A postal ballot is being held to see shareholders' approval

https://drive.google.com/file/d/1hyZtv-C3yazW--wLUIXkZS4Mcy2pKo5S/view?usp=sharing

.OLD POST

September 23, 2023

Delhi Flour Mills- 2022-2023-Annual Report- Highlights

  Balance Sheet - 31/03/2023

Share capital Re 1 cr 83 lakh    

Reserves     Rs. 574 cr

Profit and Loss A/c 202-2023

Sales Rs.474 cr

Net Profit Rs 8 cr 95 lakh

EPS Rs. 49 /02 p

Delhi Flour Mills is implementing a big Real Estate project at upmarket  Roshanara Road locality in Delhi. This should later bring very good profits

For the Annual Report Excerpts , please click the following links ;-

 https://drive.google.com/file/d/14ex0yzoJKiGYwgANf8-CgQZoQAxwswOw/view?usp=sharing    

https://drive.google.com/file/d/1R_bOSjTMssyACrcvsrghj9piuUIrDd31/view?usp=sharing

https://drive.google.com/file/d/1Kz8DLtipb86XzSS669l2wY3C0aR5Y-yt/view?usp=sharing 

https://drive.google.com/file/d/13fixPdKwucdLd2bQLls4mP3z_LRymfS9/view?usp=sharing

-----------

 It appears some shares  of Delhi Flour Mills  are available with Dealers of Rare Indian Shares Shares  .

--------------------

 


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

Disclosure : The Blog writer in his / family names has holdings in this Company. 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.

January 24, 2024

Nonsuch Tea Estates-2021-2022-Annual Report

 

 PLEASE COPY PASTE THE LINK

file:///C:/Users/OM/Downloads/Balance_sheet_2023.pdf 

 

Official site

https://www.nonsuch-tea.in/

 Blog Comments 

 Some shares of Nonsuch Tea Estates  are available for sale / purchase ,with Dealers of Rare Indian Shares

January 23, 2024

Build Netaji 's Samadhi Near Raj Ghat New Delhi =Happy Jayanti

 

Named
Azad Hind Ghat
 
Mortal remains of Netaji Subhash Chander Bose should be brought to Azad Hind Ghat from Renkoji Temple Tokyo 
 
JAI HIND
 
 ==============
Emile Schenkl Bose- The Real " Kaiser - E - Hind "
 
Queen Victoria of England was given by Prime Minister Disraeli the title of " Kaiser -e Hind " meaning in German " Empress of India " . Victoria had German ancestry and Disraeli took great pains to please her.
But for Indians the real Kaiser -E- Hind is not Victoria but EMILE SCHENKL BOSE the Austrian - German wife of Netaji Subhash Chander Bose,one of the most respected National Heroes of India .
Well , had events happened in India's favour and had India been lucky then Independence would have come under Netaji Subhash Chander Bose . The great " ARZI HUKUMAT AZAD HIND " ( Provisional Government of Free India ) based at Singapore would have become the ASLI HUKUMAT AZAD HIND based at New Delhi .
Then ,firstly , there would not have been any partition ( as Netaji , unlike the Congress , had full confidence and trust of Indian Muslims )
And secondly ( as I see in my dreams ) Emile Schenkl Bose ( with daughter Anita Bose ) would have landed in India and the admiring and adulating Indians would have been welcoming India 's real " Kaiser E- Hind " and Emile Schenkl Bose taking her rightful place as the First Lady of " Azad Hind " at the Rashtrapati Bhawan , New Delhi ( A glorious conclusion of Azad Hind Fauz ( Indian National Army's ONTO DELHI ) " Dilli Chalo " campaign .
JAI HIND
( There are may devotees of Netaji Subhash Chander Bose in Jalandhar. They love the movie " Bose - The Forgotten Hero " THEY WANT THAT A SPECIAL POSTAGE STAMP BE BROUGHT OUT HONOURING EMILE SCHENKL BOSE )
 ========================
On recapturing Singapore in 1945 , Mountbatten blew up ,by putting explosives , the Azad Hind War Memorial in Singapore ( like ISIS blowing up Al Nuri Mosque in Mosul ).
Let us Rebuild now , at a suitable place, Azad Hind War Memorial .
We wish Volunteers take up this Project. We will put the names of all Azad Hind Fauj soldiers.
Jai Hind
--------------------------------------
What an irony ?
In 1979 , Mountbatten himself was blown up by explosives.

Altius Investech-Analysis of HDFC Securities

Blog Disclaimer ; Message as Received

----------

MESSAGE

 

A Complete Deep-Dive report on

HDFC Securities
 
 
 
About The Company
  • Headquartered in Mumbai and having its branches in many of India's largest cities and towns, HDFC Securities was established in 2000. HDFC Bank which owns a 95.6% stake in HDFC Securities is its holding company.
     
  • Indocean Securities Holdings Limited, HDFC Bank and HDFC Limited initially collaborated on it as a joint venture. It offers a vast array of financial services and products related to debt, real estate, gold, and equity.
 
Major Milestones
  • HDFC Securities MF AUM has grown 17% vs Industry AUM growth of 7% due to increased focus on SIP book and new client participation.
  • 7th Largest IPO DIstributor (Maintained leadership with 21% market share)
  • 6th Largest Sip Distributor (Sip doubled from 3.4L to 6.8L)
  • 3rd Largest Life Insurance Mobilizer
 
Dividend History
  • FY2023 - INR 440/sh
  • FY2022 - INR 547/sh
  • FY2021 - INR 318/sh
  • FY2020 - INR 135/sh
  • FY2019 - INR 110/sh
  
HDFC Securities New Platform
 
  • A discount broking platform that allows trading and investing at a single price point of Rs 20 similar to other online platforms such as Groww, 5Paisa, and Zerodha. 
  • HDFC Sky's USP is its margin trading facility which is available at a 12% interest rate whereas its competitors charge between 18 to 21%
  • Its target market is Gen-Z, millennials, and new-age investors.
  • HDFC Sky is accessible to everyone, in contrast to HDFC Securities, which restricts demat account opening, trading, and investment to HDFC Bank customers only.
 
Financials
 
In FY 21-22, HDFC Securities profitability increased by 2.5 times, from ₹384 crores to ₹984 crores. Its profits for FY23 were ₹777 crores, which resulted in consolidation due to sluggish market conditions, inflationary trends, and a higher base.
 
Financials
 
9 Months FY2023 Results
 
  • HDFC Securities’ revenue increased by an astounding 28% in 9MFY24, from INR 1,400 Crore in 9MFY23 to INR 1,800 Crore. The company’s expanding market presence and successful strategic efforts are the reasons behind this revenue spike
 
  •  A reduction in the EBITDA margin from 58% to 50% in spite of the increase in revenue indicates that the company’s cost control methods require examination.
 
  • Despite the considerable gain in revenue, the Profit After Tax growth of 8% suggests a slight rise in net earnings. This implies that not every rise in revenue has resulted in higher earnings at the bottom.
 
Angel Broking Comparison Analysis
 
 
1. Growth in Revenue and PAT
  • The first nine months of 9MFY23 saw angel broking generate 2915 Cr in revenue, up from 2176 Cr in 9MFY24. a 34% increase. The revenue increase of Angel Broking, at 34%, is slightly higher than that of HDFC Securities.
 
  • Additionally, PAT increased from 624 Cr in 9MFY23 to 785 Cr in 9MFY24. a 25% increase. The 25% PAT increase for Angel Broking is a significant improvement over HDFC Securities, indicating either more effective cost control or a more diverse revenue mix.
 
2. Market Value
  • Angel Broking has a capitalization of INR 28,000 crore and a P/E ratio of 26x, which indicates a higher market valuation. The market’s assessment of the companies’ growth prospects and investor trust in Angel Broking may be reflected in this valuation discrepancy.
 
HDFC Securities Investment Considerations

1. Placement in the Market
  • Being a reputable brand in the financial services industry, HDFC Securities has room to develop, especially given its current unlisted market valuation.
 
2. Macroeconomic Well-being
  • Potential investors should be wary of the decline in EBITDA margin. The way that HDFC Securities handles cost management and how that affects overall profitability must be closely observed.
 
3. Comparative Effectiveness
  • The listed market performance of Angel Broking provides a useful yardstick. It is important to take into account variations in consumer segmentation, market strategies, and company structures while assessing HDFC Securities’ potential.
 
4. Possibility of Gain
  • HDFC Securities might be a profitable investment given its current market valuation and development trajectory. Particularly if it maintains its growth momentum after becoming public.
 
Valuation
 
At the moment, ICICI Securities is trading at a P/E of 17.5, Angel One is trading at a P/E of 25.5 and Hdfc Securities is valued at a P/E of 20.4x
 
The valuations seems reasonable in comparison to its peers. From its peak of 18,500, HDFC Securities has demonstrated a healthy correction of almost 45%, and given the current values and business performance, it may be an intriguing opportunity.
 
Key Numbers (as of Jan'2024)
  • P/E - 22x
  • P/B - 9x
  • EPS - INR 490
  • BVPS - INR 927
  • Market Price - INR 10800
  • Market Cap - INR 15800 Cr
 
 
 
IPO Plans
 
  • HDFC Bank will be looking at the public listing of HDFC Securities only after its merger with parent HDFC Ltd goes through, a top official said on July 16.
 
  • HDFC Bank and HDFC in April announced the USD 40 billion merger, touted as the largest such transaction in corporate history, saying that it will take up to 18 months to end.
 
Final Thoughts
 
In its pre-IPO stage, HDFC Sec shows great development potential; nonetheless, issues with cost control need to be carefully considered. The parallel to Angel Broking clarifies its place in the market and its prospects within the larger financial services industry. Before choosing to invest in HDFC Securities, investors are recommended to take market conditions, investor mood, and strategic efforts into account. An important turning point in the company’s development may be the impending IPO, which could reveal value to investors prepared to study the subtleties of the broking industry.
 
 
Know More
 
 
In case you want any personal assistance, you can reach out to us at +918240614850(Yash) or support@altiusinvestech.com
 
 
Altius Investech P Ltd
73A, G.C Avenue
2nd Floor Room No - 204
Kolkata - 700013
abhishek@altiusinvestech.com
+91 82406 14850
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