Monday, 13 July 2015

UPDATE: VIDHI DYESTUFFS MANUFACTURING LTD

VIDHI DYESTUFFS MANUFACTURING LTD
 
Vidhi DyeStuffs Manufacturing Ltd posted on the blog at 15.90 on 9th December 2014.
 
The stock has rallied to almost 36 and was locked in the 20% upper circuit filter on BSE today.
Vidhi is up 126% in around 7 months.
 
Vidhi has recently announced to BSE that they have applied to list on National Stock Exchange.
Once listed on NSE, I think it will improve Vidhi's visibility to potential investors including FIIs and HNIs.
 
At current price of around 36, Vidhi is trading at a P/E of around 14. Vidhi is expected to do great in this FY too and therefore not keen to book profits at current levels.
 
Vidhi's rally should also lead to re-rating of another pick Dynemic Products which too i think will do well in this FY.  Dynemic is available cheaply valued at a  p/e of around 6.
 
For the food color sector at whole we have only two listed players in India, The leader being Vidhi and the similar sized Dynemic. I think both the stocks deserve better valuations as the proxy play to the processed food sector which attracts expensive valuations.
 
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40 comments:

  1. Unknown13 July 2015 at 16:41

    Dear Ace,

    Thanks for the Vidhi. I entered here a month back after reading your posts on it and now I am in good profits.

    I have taken position in Axiscades and its corrected back to 250, I am thinking of increasing my stake.
    What do you think would be the reasons for the volatility in this counter. Is it by operator and any thing is cooking up. Pls share if you have any info.

    thanks
    Srini

    ReplyDelete
    Replies
    1. The Ace Investor13 July 2015 at 16:43

      Axiscades is a good stock according to me, I do not worry about the volatility.

      Delete
  2. Unknown13 July 2015 at 17:21

    I have missed your reco on Vidhi. Is it okay to enter at cmp?
    P Sanyal

    ReplyDelete
    Replies
    1. The Ace Investor13 July 2015 at 18:05

      after 130% upmove can't really suggest.. Though it can go much higher.

      Delete
    2. Unknown14 July 2015 at 11:31

      Thank you for the guidance! Will try to keep update with your Blogs in future...
      Regards,

      Delete
  3. Anonymous13 July 2015 at 20:41

    Hi, ur view on Panoromic universal, Megasoft, and Allied digital services?

    ReplyDelete
  4. Anonymous13 July 2015 at 23:29

    Sir your views on karuturi global and jauss polymers

    ReplyDelete
  5. amit14 July 2015 at 13:37

    Sir can i buy il&fs transport , il&fs engineering and isgec heavy engineering at cmp?

    ReplyDelete
  6. Vinay14 July 2015 at 18:45

    whatz your view on salzer elec?

    ReplyDelete
    Replies
    1. Vinay14 July 2015 at 18:49

      sir holding company of rk forging has picked up 1 lakh shares in salzer elec check bse bulk deal 9 july http://www.bseindia.com/stock-share-price/stockreach_bulkblock.aspx?scripcode=517059&expandable=9

      Delete
    2. The Ace Investor14 July 2015 at 18:52

      I am BULLISH on Salzer Electronics!

      Delete
    3. Madhan kumar s18 July 2015 at 11:22

      Whats Ur View on Southern Magnesium ( 513498 )

      Delete
  7. amit15 July 2015 at 13:19

    Sir your view on subex.? Can i buy at current level?

    ReplyDelete
  8. amit15 July 2015 at 13:20

    Sir your view on subex? Can i buy around 17?

    ReplyDelete
  9. Anonymous16 July 2015 at 20:13

    Sir, ur view on Advance metering technologies?

    ReplyDelete
  10. garment fit16 July 2015 at 21:48

    Sir please share ur views on titagarh wagons latest so many developments in company is it good for long term

    ReplyDelete
  11. Unknown17 July 2015 at 09:23

    Sir can you share your views on nbcc

    ReplyDelete
  12. Unknown17 July 2015 at 09:23

    Sir can you share your views on nbcc

    ReplyDelete
  13. raman17 July 2015 at 14:41

    sir your view on mic

    ReplyDelete
  14. Anonymous17 July 2015 at 19:35

    Hi, please state your view on Karnataka bank, post its Q1 ( June 15) results released today.

    ReplyDelete
    Replies
    1. The Ace Investor18 July 2015 at 15:05

      I have not read the Q1 closely, but from the face of it doesn't look so good.

      Delete
  15. Madhan kumar s18 July 2015 at 11:25

    Sir Whats ur view on SOUTHERN MAGNESIUM ( 513498 )..Posted Great Results Check The link below......... http://t.in.com/5TpM

    ReplyDelete
    Replies
    1. The Ace Investor18 July 2015 at 11:26

      I am positive on southern magnesium as a short term trade, for Investment i am not tracking it.

      Delete
    2. Madhan kumar s18 July 2015 at 12:25

      Thank u sir

      Delete
    3. Madhan kumar s18 July 2015 at 12:40

      Sir I am Holding some 400 Shares At an average Price of Rs.28..........Till what level should i hold......Please suggest me sir.............

      Delete
    4. Madhan kumar s18 July 2015 at 12:58

      Sir i have made an comparison with Latest Shareholding pattern with the previous quarter pattern.........In that i found Only ICICI Bank Having 1,00,000 Shares in Dematerilized Form till 30th June.........Other individuals only 12,000 shares in dematerialized....After the Quarterly result Nearly 1,00,000 Shares traded in three days...On the third day i bought this shares... Now i am unable buy a single shares Huge buy orders(3,00,000) are pending in the Bse....I thing ICICI bank sold all the share holding with him.......Whether i am correct or not...Please let me know.Here are the link of two share holding pattern...........

      http://t.in.com/5TpM

      http://corporates.bseindia.com/xml-data/corpfiling/AttachHis/Southern_Magnesium_&_Chemicals_Ltd_SHP_M15.pdf

      Delete
    5. The Ace Investor18 July 2015 at 15:04

      Well ICICI might have sold but what does that change? Anyway, Regarding levels, I don't think the industry at whole is something great or that this is a value investing thing... just trade it, Ride it till you can ride it.

      Delete
    6. Madhan kumar s18 July 2015 at 15:12

      Thanks You very much sir for ur suggestions.....Shall i kept it as my Multibagger anyway as you said SOUTHERN MAGNESIUM ( 513498 )........Once again thanks Sir....

      Delete
  16. Sumit Valecha18 July 2015 at 14:03

    Hi SIr - Im new to this blog and i don't know what the heck i was doing - not able to find such a great blog..lost so much great oppurtunities..hats of to u for coming up with so many wonderful gems..mine is also similar question..can we enter at this level in Vidhi Dyestuffs..as u said it will be listed in NSE in sometime..it seems to be going up..and in a long run will it be a multibagger??

    ReplyDelete
    Replies
    1. The Ace Investor18 July 2015 at 15:02

      Welcome to the blog Sumit ji, hope you enjoy reading it.
      Answer is similar too ;) after 130% upmove can't really suggest.. Though it can go much higher.

      Delete
  17. vicky18 July 2015 at 15:16

    Hello sir you r mindblowing and helpful for investor cumminiuty...can u please check the fundamental of sandesh Ltd.

    ReplyDelete
    Replies
    1. The Ace Investor18 July 2015 at 15:58

      Thanks vicky, Sandesh looks undervalued at cmp... 800-850 should be the fair value looking at its peers and Sandesh reach.

      Delete
  18. Anonymous21 July 2015 at 12:50

    How is TRIL? Can i hold?

    ReplyDelete
  19. Karthik24 July 2015 at 17:12

    Sir, Any idea On Ambica cotton and Lambodara textiles

    ReplyDelete
    Replies
    1. The Ace Investor24 July 2015 at 21:50

      Lambodhara nothing great looks operated.

      Ambica, After the investment by Prof. Sanjay Bakshi in it need i say more? However stock has doubled already.

      Delete
  20. Unknown19 August 2015 at 13:51

    pls suggest any stock right now to invest. with targets pls

    ReplyDelete

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