Equity Analyst - Fundamental & Thematic, Sree Capital

Sreemant Dudhoria,CFA

Equity Analyst - Fundamental & Thematic

Fundamental Research on Listed Indian Companies

Sree Capital

Sree Capital is a platform to share fundamental research on listed Indian companies. We do this research for our own investment

Thematic (Sector/Industry)

<ul>
<li>Given the sharp decline in mid and small-cap Indian listed stocks, there has been a notable increase in insider buying activity in recent weeks.</li>
<li>Following our mid-month insider-buying report from last week, number of buying transactions has increased further. </li>
<li>This is Part-4 of the series, providing an update on insider-buying activity from just last week.</li>
</ul>


Given the sharp decline in mid and small-cap Indian listed stocks, there has been a notable increase in insider buying activity in recent weeks.
Following our mid-month insider-buying report from last week, number of buying transactions has increased further. 
This is Part-4 of the series, providing an update on insider-buying activity from just last week.


Prices Drop, Eyes Pop: Mid-Month Insider Buying Activity Update – Part 4

External broker reports(aggregated public sources), ICICI Securities Ltd

ICICI Securities Limited

External broker reports(aggregated public sources)

Equity Bottom-Up

<p>NCL's cement division has room for additional grinding capacity considering the installed clinker capacity. The board plans to set up a 2000-3000 TPD grinding capacity plant in Vizag. The total capex is estimated at Rs 300 crore of which Rs 200 crore is likely to be incurred in FY22E. With current total debt being over Rs 400 crore, we expect debt levels to increase further in FY22E. Further, expansion in the same region (AP, Telangana), which has excessive...</p><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

NCL's cement division has room for additional grinding capacity considering the installed clinker capacity. The board plans to set up a 2000-3000 TPD grinding capacity plant in Vizag. The total capex is estimated at Rs 300 crore of which Rs 200 crore is likely to be incurred in FY22E. With current total debt being over Rs 400 crore, we expect debt levels to increase further in FY22E. Further, expansion in the same region (AP, Telangana), which has excessive...Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

NCL Industries: Growth to Normalise After Stellar Performance

India

NCL Industries Ltd. manufactures cement and ceramics.

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NCL Industries (NCLI IN)

Prices Drop, Eyes Pop: Mid-Month Insider Buying Activity Update – Part 4

Insider buying activity in Indian stocks has increased, with 50 companies reporting transactions last week. This is last & Part-4 of the series...

Sreemant Dudhoria,CFA

NCL Industries: Growth to Normalise After Stellar Performance

NCL's cement division has room for additional grinding capacity considering the installed clinker capacity. The board plans to set up a 2000-3000...

ICICI Securities Limited

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Prices Drop, Eyes Pop: Mid-Month Insider Buying Activity Update – Part 4

​Insider buying activity in Indian stocks has increased, with 50 companies reporting transactions last week. This is last & Part-4 of the series...

Sreemant Dudhoria,CFA

NCL Industries: Growth to Normalise After Stellar Performance

NCL's cement division has room for additional grinding capacity considering the installed clinker capacity. The board plans to set up a 2000-3000...

ICICI Securities Limited

Insider buying activity in Indian stocks has increased, with 50 companies reporting transactions last week. This is last & Part-4 of the series...