Weekend Bulletin - 1st Dec'23 : Ed. 160
A compilation of few interesting, multi-disciplinary links from the internet
Media Interaction with News9 in this week here
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We have initiated a new stock position in our 'Wealth compounder' equity research product this morning #FCWC
This active pharmaceutical ingredients (API)-manufacturing company has one of the widest portfolios in the drug it deals with and the only Indian player to do so. From our scuttlebutt interactions, we gather, the company is on the verge of opening up multiple growth avenues which should gradually build up and help the company multiply its current revenue and profitability base over the next 2-5 years.
After a recent corporate action, the company has grown revenues by 20%+ CAGR over the last two FYs and the strong momentum continues in H1FY24. The company is also tweaking its existing manufacturing capacities to align capabilities with market demand. The rejig should be completed by 1QFY25 and should help the company manufacture higher value products in the category it operates in.
The company trades at reasonable valuations (25x) as compared to its peers on TTM EBITDA and ~3000 cr m-cap.
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Section 1 - Investing & Personal Finance
44 memorable quotes from CM about life & markets [LINK]
Investment lessons from CM - Sanjay Bakshi [LINK]
How I became the honest broker [LINK]
Section 2 - Economic Trends & Themes
Landlords are handing back the keys in US [LINK]
Lessons from the ascent of UAE [LINK]
Section 3 - Personality study & Development
Frugal vs Independent - by Morgan Housel [LINK]
Section 4 - Business History & management
Kissinger, architect of the US foreign policy, dies at 100 [LINK]
The story of the 9:20am Straddle which transformed options trading [LINK]
Section 5 - Sports, literature & Entertainment
Kaathal : Taking on the marriage miseries [LINK]
Dilli Dur Ast : Being queer in India [LINK]
The story of Dhruv Pandove, child prodigy cricketer [LINK]
That's it for me. Have a great weekend ahead!
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Disclaimer:
The content of this newsletter is not an offer to sell or the solicitation of an offer to buy any security in any jurisdiction. The content is distributed for informational purposes only and should not be construed as investment advice or a recommendation to sell or buy any security or other investment, or undertake any investment strategy. There are no warranties, expressed or implied, as to the accuracy, completeness, or results obtained from any information set forth on this newsletter unless mentioned explicitly. The writer may have positions in and may, from time to time, make purchases or sales of the securities or other investments discussed or evaluated on this newsletter