Be vary about getting caught into a value trap with #HAL #OFS ..... just some points to keep in mind
https://twitter.com/CNBCTV18Live/status/1638519418660732928
POSITIVE: HAL market cap is sufficient to get itself included in the MSCI Index. Might happen in May-2023. so the govt has timed this well. 
NEGATIVE: Domestic institutions like #LIC & #HDFC who bought the stock when it was Rs1000 levels appear to be selling in each rally even while Retail & FIIs appear have to increased their stake. DONT READ much into the FII stake since much of it could be Index Funds, ETFs & HFs
NEGATIVE: As per @icicisecurities, given the way DEFENSE companies recognize Revenues and earnings, Between FY22 and FY24, #HAL will NOT experience Any earnings growth.... See Table.
Retail Broker @ICICI_Direct also reports NO earnings growth till FY25.
Its NOT a reco. Just highlighting the positives and negatives.
In my experience, if a company shows No earnings growth, it just does not provide any stock returns and usually de-rates. DEFENSE Order Books tend to get executed over several years
In my experience, if a company shows No earnings growth, it just does not provide any stock returns and usually de-rates. DEFENSE Order Books tend to get executed over several years
• • •
Missing some Tweet in this thread? You can try to
force a refresh
