Chartered Accountant | Quora Top Writer 2017 & 18 | Medium Top Writer in Finance, Economics and Investing | Tutor to CA aspirants | Amit Trivedi, AR Rahman ❤️
11 added to My Authors
Apr 25 • 4 tweets • 1 min read
If the ethanol blending with diesel using binder turns out successfully and government supports this, then it can literally double the ethanol demand with snap of a finger.
One of the many optionalities of Praj.
Ethanol blending with diesel is not biodiesel.
Ethanol does not mix easily with diesel and Praj is therefore developing a binder to make this work.
With the R & D capabilities Praj has, this is not a distant dream for them.
Apr 23 • 10 tweets • 2 min read
How the 'Lollapalooza Effect' is playing in favour of Rajratan Global Wire?
1. The import of tyres in India has been restricted. Which is positive for Indian tyre makers. 2. The exports of tyre from India have been consistently increasing.
3. Rajratan's bead wire is of top notch quality and the pricing is competitive. They are cheaper than Chinese counterparts. 4. Capex announced at the perfect time. Thailand and Chennai capex is done when there is clarity of demand from tyre players.
Jan 15 • 54 tweets • 13 min read
Work hard in silence; let success make the noise. Suits aptly to ‘Praj Industries Limited’.
‘Ethanol’ is a megatrend and ‘Praj’ is a proxy play on the entire ethanol story.
Let us deep dive and understand the R & D behemoth that Praj is! A thread 🧵👇
Burning of stubble is one of the biggest reasons why residents of Delhi complain of breathing problems!
How about there is a solution to this?
How about the stubble is brought to use and a usable fuel is made out of this waste?
Sounds like an amazing plan, doesn’t it? (1/n)
Jan 12 • 15 tweets • 3 min read
A small thread to gather my thoughts on the recent developments in telecom sector and how it can potentially impact the listed entities.
(Personal opinions ahead! 😬) 👇🏻
So, Vodafone Idea decided to avail the 4 year moratorium for the AGR and the spectrum instalment dues it owes to the govt.
But, on the interest amount of 4 years (NPV) on this, VI will now be converting approximately ₹16000 crores into equity at ₹ 10 per share. (1/n)
Jan 9 • 39 tweets • 7 min read
A thread to understand the future of Rajratan Global Wire, a niche gem manufacturing bead wires that goes into tyres. 👇🧵
Let us do some crystal ball gazing. What would be the future of automobile in India in the next 10 years? (1/n)
Dec 14, 2021 • 23 tweets • 4 min read
Imagine asking Alexa: How far is the airport? And she answers 10 kms from here according to 'MapmyIndia'. And the map company gets rewarded for every such API transaction!
Let’s deep dive and understand what makes MapmyIndia (CE Info systems) so special. A thread 🧵👇
The company was started in 1995 by Mr. Rakesh Verma and Mrs. Rashmi Verma, much before Google maps became a thing!
It has more than 2000 customers which includes the likes of Apple, PhonePe, Hyndai, MG Hector, Airtel, Flipkart, McDonalds, HDFC Bank, ISRO. (1/n)
Nov 17, 2021 • 22 tweets • 5 min read
A thread to understand the business of Globus Spirits Ltd. and what can drive growth for this stock in future.
Globus Spirits Limited, established in 1992 has two major segments: Manufacturing and Consumer. These segments respectively contribute 55% and 45% to the topline. (1/n)
Oct 4, 2021 • 12 tweets • 3 min read
Takeaways from the recent interview of Mr. Sunil Chordia of Rajratan Global Wire with ICICI direct. A thread 👇🏻🧵
Q-2 for Rajratan Global Wire is going to be much better than Q-1 this year as there were lockdown in certain parts of India as well as Thailand during Q-1.
Mind you, Q-1 this year was the best quarter ever for the company. (1/n)
Aug 26, 2021 • 19 tweets • 4 min read
Some interesting pointers to understand few misunderstood stuff revolving around Ethanol and all the verticals Praj Industries is into. All of these were answered by Mr. Shishir Joshipura of Praj Industries.
Do retweet for maximum reach. 👇🧵
1. Electric Vehicles vs Biofuels:
👉For Electric vehicles the entire ecosystem needs to be built whereas for biofuels we just need to change the fuel from crude oil to something like Ethanol (blending).
Aug 26, 2021 • 16 tweets • 3 min read
Takeaways from Mr. Sunil Chordia's recent interaction with B & K securities. 🧵👇
Do retweet for maximum reach.
1. On Market Share:
Rajratan is having market share of 50% or more for bead wire with major tyre players like Ceat, BKT, MRF, Apollo.
It is approved with all the tyre companies. It is also a strategic supplier to ceat.
Jul 21, 2021 • 5 tweets • 3 min read
My latest blog on 'Rajratan Global Wire' and how this can be a perfect proxy to tyre industry.
A thread to understand the business of 'Clean Science and Technology Limited' and the reasons as to why it is number 1 in many of its products. 👇🧵 #cleanscience#cleanscienceipo
First, let us understand the products the company makes.
The company has MEHQ, BHA, Guaiacol, Anisole, 4-MAP, DCC and L-ascorbyl in its portfolio.
Jul 4, 2021 • 24 tweets • 4 min read
A thread on how Rajratan Global Wire ltd, a small company in a niche segment, can be a perfect proxy play to the ‘Tyre industry’. 🧵👇
Let us first understand the business of the company. Company makes just two products: 1. Tyre bead wire 2. High carbon steel wire.
It derives major revenue from ‘Tyre bead wire’ which accounts for 89% of total capacity and 91% of revenues. (2/n)
Jun 29, 2021 • 22 tweets • 5 min read
A thread on how Nelco ltd, a Tata group company is well poised to reap the benefit of development in space industry and telecommunication. 👇🧵(1/n)
Nelco is a micro cap company from the Tata group which derives all its revenues from the business of Satellite Communication (SATCOM). (2/n)
Apr 12, 2021 • 32 tweets • 6 min read
In India, 'RBI' is responsible for 'Monetary Policy' through which it controls 'Inflation' and Economic Growth'.
In this thread, I am going to focus mainly on the role of RBI and how it uses ‘CRR’ and ‘SLR’ as two major tools to control economy. 🧵👇
Let us first understand few basics before we dig into the details. (2/n)
Apr 6, 2021 • 10 tweets • 2 min read
As there is so much confusion wrt the AGR saga and all the differences between 'Department of Telecommunication' and 'Telecom Companies', I tried to create a timeline of important events that happened till date.
A small thread 🧵👇🏻
Image sourced from: @barandbench1/ 1994
With National Telecom Policy (NTP), Government started allocating the telecom licenses. The deal was to pay a fixed fee for license and the spectrum per year.
But, the telecos failed to pay the amount as they were struggling even to break even.
Apr 2, 2021 • 12 tweets • 3 min read
While learning accountancy a student is taught to
👉Debit all expenses, credit all income.
👉Debit all assets, credit all liabilities.
👉Debit the receiver, credit the giver.
Why is it so?
Let us find out the rationale behind three golden rules of accounts. 👇🧵 (1/n)
'Balance Sheet' and 'Profit & Loss Account' are two important aspects to learn accountancy.
Let us first understand how to interpret a Balance Sheet. (2/n)
Mar 29, 2021 • 9 tweets • 2 min read
Here's a collection of my posts on Medium I wrote since 2020!
RT if you find any value in them. 🧵👇
1. Understanding the PE ratio
As the earnings season will begin soon, I decided to write a simplified yet detailed thread on ‘How to read and understand the quarterly result of a company’.
Bookmark if required.
RT if found useful. 👇🧵 (1/n)
1⃣Why are quarterly results important?
The shareholders have put their hard earned money in the company.
So, they must know about the affairs of the company. But, they can not have access to the books of accounts. (2/n)
Mar 22, 2021 • 25 tweets • 4 min read
‘Why don’t central banks like RBI mint more money and pump in the economy to speed up the growth and solve nation’s basic problems?’
As a teacher, I have been asked this many times.
Here’s a simple thread to explain the basic economics behind why this is not so ideal. 🧵👇 (1/n)
RBI is not against the increasing demand and the growth. All RBI wants is 𝑠𝑢𝑠𝑡𝑎𝑖𝑛𝑒𝑑 𝑎𝑛𝑑 𝑐𝑜𝑛𝑡𝑟𝑜𝑙𝑙𝑒𝑑 growth.
Let us understand how things work from the very beginning, shall we? (2/n)
Mar 19, 2021 • 16 tweets • 4 min read
I have seen people who are scared of the subject ‘Economics’. There are many others who find it boring!
But, I am sure everyone knows the basics of ‘Economics’. In our practical life, we apply them, unaware of the fact that it is ‘Economics’.
Here’s a thread. Read on. 👇🧵(1/n)
You go to a vegetable market, ask the vendor for the price of vegetable.
He says, he is willing to sell you at Rs.20/kg but you are adamant to buy at Rs.15/kg. You bargain and finally settle at Rs.18/kg. (2/n)