"Internet Software & Services" sector an overview of listed peers. A thread š§µ
TataElxsi has the largest marketcap in the sector, followed by Tanla.
Sorted by sales figures, it's clear that the market is rewarding TataElxsi with some premium marketcap, because there are companies which make similar sales but don't enjoy the same valuation (and with good reason) :
Profit analysis makes the reason for the premium valuation evident.
Tata Elxsi is able to convert a large(r) part of their revenues into profits and hence higher FCF and dividends fall in the lap of minority share holders.
Sales growth trend :
Profit growth trend :
NPM trend :
ICR trend :
Return on paid-up equity :
ROE :
Reserves :
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Indian insurance sector is just a seed that has recently sprouted. <5% Indians have proper insurance cover (others are either uninsured or under-insured).
Our insurance companies are nowhere in the top 10 global insurance firms.
Outside every small gold-smith's workshop, you'll find multiple people sifting through the wet waste in small metal pans.
When I was a small boi, I used to think these were cleaning agents employed by the shopkeeper. I was told that these people were..
..people were in fact there on their own volition. So the smol boi in me concluded that they were 'freelance cleaners' of sorts. Maybe the gold-smith would pay them later out of good will. Apparently they were sifting the gutters in the hopes of..
..hopes of finding small gold filings that may have chipped off while the gold-smith was working on making the ornaments
"Quite interesting", the smol boi in me I thought "free money, no investment other than the metal plate, no risk, just sift the dirt and catch the gold"
"A stock that I was watching at 500 has zoomed to 1000; I've missed it.."
No you haven't.
Even if you had caught it at 500, you'd be adding subsequent year's installments at 1000, 1500 & so on. You didn't miss the stock, you just missed your first installment.
Take it now š¤·āāļø
Missing the lowest bottom price does not mean missing the stock. The company isn't going to shut down tomorrow. If anything, take the higher price as a confirmation of your investment thesis. Pay it and dust yourself up.
On the other hand, a stock that you feel proud of catching at the lowest bottom could turn out to be ITC, ONGC, SBI, NBCC, Hudco
Good companies raise their ticket prices faster. There's no need to rue this fact. Embrace it, pay the price, buy a ticket and ride that š to the top