We at Prospero Tree strongly believe in the power of research-backed investing. When it comes to equities, we follow a flexible portfolio investment strategy that focuses on delivering adequate returns over a long period of time without taking inadequate risks. We achieve this by selecting multiple investments from varies sectors having appropriate upside opportunities. Though there are inherent risks in equities as an asset class, we strive to build a diversified portfolio and selecting companies paying appropriate attention to business and valuation risks. Through our stock stories section, we bring certain stock specific research on the companies that we are tracking. Please understand that these are not investment recommendations but helps in understanding the companies better.
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GIC Housing -Modest But Steady Growth30-Jan-2017 / Category: First ReportGIC Housing Finance Limited (GIC) is a housing finance company formed in 1993 and is promoted by General Insurance Corporation of India and its erstwhile subsidiaries namely, National Insurance Company Limited. |
Linc Pens: Exit with 2.9x times25-Jan-2017 / Category: Update ReportLinc Pens. Linc is currently trading at more than 20 times on the trailing basis and may find it difficult to move from here considering modest growth in earnings. |
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PTC India Financials (PFS): Exit with Small Returns25-Jan-2017 / Category: Update ReportThough the growth in renewable sector financing has been there, however, there has been increased competition and PFS has not been able to grow keeping its margin better. |
Dishman: Partnering with Innovator Pharma20-Jan-2017 / Category: First ReportDishman Pharma is an outsourcing partner for the global pharmaceutical companies offering a portfolio of services for development, scale-up, and manufacturing of Active Pharma Ingredient (API). |
Alphageo: Mega Execution of Seismic Survey5-Jan-2017 / Category: First ReportAlphageo (India) Ltd engaged in providing onshore (within land) seismic survey in India as well as in international terrains. Seismic survey is an important activity to be carried out for exploration companies as it provides vital information about the location and potential size of the reserve below ground. |
Deepak Nitrite: Entering the Next Phase29-Dec-2016 / Category: First ReportDeepak Nitrite mainly manufactures bulk and speciality chemicals and categories them into “Basic Chemicals, Fine & Speciality Chemicals and Performance Chemicals |
Sunteck: Valuable Real Estate Play22-Dec-2016 / Category: First ReportSunteck Realty is a Mumbai based Real Estate developer catering to the ultra-luxury, luxury and middle class residential segment. Primarily a residential player, Sunteck also has few commercial projects in Mumbai. |
Sasken: Strong Sectorial Tailwinds20-Nov-2016 / Category: First ReportSasken provides product engineering services for hardware and software to tier1 customers in verticals like Semiconductors, Consumer Electronics, Smart Devices, and Automotive Electronics & Network Equipment among others. |
Heritage Foods -Strike this White Gold7-Nov-2016 / Category: First ReportHeritage Foods Limited (HFL) was founded by Chandrababu Naidu as a dairy company in 1992 with a vision to provide remunerative prices to dairy farmers for their milk. Today, HFL has 72% of its revenues coming from dairy business which is involved in procuring raw milk and processing it into consumer products like pouch milk, curd, buttermilk, ice-cream, paneer, flavored milk, etc |
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TV18: Investing For The Future19-Oct-2016 / Category: Update ReportTV18 achieved a phenomenal topline growth of 29% in regional news and approximately 27% in entertainment channels. TV18 has launched a series of additional news channels and entertainment channels |
Axis Bank - Exit with 155% Returns11-Oct-2016 / Category: Update ReportValuations at price to book may not be expensive, the uncertainty in its corporate book and possible sale of Axis Bank shares by SUUTI could lead to pressure on the stock. |
Orbit Exports - Exit with 75% Gains7-Oct-2016 / Category: Update ReportThe company's growth seems to be affected due to the global slowdown. We recommend to Exit from Orbit Exports at current levels and would review the same at an appropriate time. |
Hawkins: The Coca-Cola of Cookers6-Oct-2016 / Category: First ReportHawkins Cookers is one of the oldest and leading manufacturers of pressure cookers in India. Until FY16, Hawkins has sold over 7.2 crores pieces of pressure cookers and cookware worldwide. It is sold in some of the top departmental stores in Europe and America. The company also exports to Yugoslavia, Japan, Panama, Mexico, Finland and the Netherlands. |
NALCO: Large Aluminium Miner19-Sep-2016 / Category: First ReportNational Aluminium Company Ltd (Nalco) is one of the largest integrated aluminium manufacturer and has been awarded a Navratna Public Sector Enterprise status. |
Accelya Kale: Fly Away With 3.6 Times12-Sep-2016 / Category: Update ReportWe recommended Accelya Kale with a report titled Accelya Kale: Fly High in Nov13 at the price of Rs. 375. We further gave an additional update in a report titled - Accelya Kale: 2.5 times, Waiting for New Orders. |
Sharda Cropchem - Exit with 130% Gains12-Sep-2016 / Category: Update ReportWe think that the company now trades at a reasonable valuations and would advice booking profit by Exiting from Sharda Cropchem at current levels of Rs. 359. |
Vimta: Food Testing to Aid Growth9-Sep-2016 / Category: First ReportVimta Labs is a Hyderabad based company in the field of Testing and Pharma Contract Research. |
Shriram City Union - Exit with 113% Gains24-Aug-2016 / Category: Update ReportEarnings growth for Shriram City Union have been relatively slower on account of migration to 90 days NPA recognition. This process will end in FY18 and earnings will accelerate only in FY19. |
Ruchira: Reaping Benefits of Expansion19-Aug-2016 / Category: Update ReportWe re-recommended it to be bought at Rs. 42-44 with our report titled Ruchira Paper: Defining Results. The current market price of Ruchira Paper is Rs. 78-79, indicating a return of 141% so far (dividends extra). |
AstraZeneca -Good Results with Delisting Kicker16-Aug-2016 / Category: Update ReportWe think that recent results and management strategy should yield to better times for AstraZeneca India. Additionally, the delisting order from SEBI is awaited and if it comes timely can also be a strong trigger for the stock price. |
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Patels Airtemp: Trajectory Changes15-Aug-2016 / Category: Update ReportPatels Airtemp business performance has continuously improved and seems to be now set for moving into higher trajectory. |
Tata Metaliks: Piping India20-Jul-2016 / Category: First ReportTata Metaliks (TML), a subsidiary of Tata Steel, is one of the leading manufacturers of Pig Iron and Ductile Iron Pipes (DI Pipes). Tata Metaliks has a capacity of 4 lakh tons of Pig Iron and nearly 2 lakh tons capacity for DI Pipes. |
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MT Educare: Exit with 77% in 10 Months17-May-2016 / Category: Update ReportAs the price has moved fast enough in a short span, we suggest to Exit MT Educare with a 77% gains. |
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RCF: Sell Partial with 25% gains in 3 months16-May-2016 / Category: Update ReportThe government is also planning for reducing its stake in RCF and if the proposal materializes, it may cap the upside in the near term. However, the long term arguments for the stock remains intact. |
Orient Paper: Exit with 3.5 Times20-Apr-2016 / Category: Update ReportThe company has been trying to focus on improving the paper business operations along with growing electrical business. The company has neither accepted nor denied the possibility of a demerger of Paper Business and Electrical Business. However, our sell view is considering the fast appreciation without significant improvement in its results. |
Shilpa Medicare: API Facility Approved by US and Japan14-Apr-2016 / Category: Update ReportOver the last few months there are certain events that have increased the strength of Shilpa Medicare's story.Here is the summary of the stock... |
RCF -Expansion By Unlocking Value6-Mar-2016 / Category: First ReportRCF is engaged in business of Fertilizer and mainly producing urea and NPK fertilizers. RCF has two major manufacturing plants in Trombay (Chembur Mumbai) and Thal (Mahahrashtra) |
AstraZeneca India -Improving Fundamentals + Delisting support10-Feb-2016 / Category: First ReportAstraZeneca Pharma India (AstraZeneca India) was established in 1979 and is headquartered at Bengaluru, Karnataka. AstraZeneca India's more than 90% revenues come from manufacturing and marketing its parent product in India. AstraZeneca India is a debt free company with 75% ownership held by AstraZeneca Plc (through AstraZeneca Pharma Sweden). |
Balaji Telefilms: Exit With 158% Returns6-Feb-2016 / Category: Update ReportAt the current levels, Balaji Telefilms is trading at a market cap of Rs. 750+ crores. Balaji also raised Rs. 150 crores (@140 per share) to fund its futuristic online content business. Even though current business has improved substantially, the current market cap and dilution will limit the upside from here. We therefore suggest to Exit Balaji Telefilms at current levels. |
Haldyn Glass - Excellent Capital Allocator5-Feb-2016 / Category: First ReportHaldyn Glass is 5th largest manufacturer of clear glass and flint glass bottles in India having a total melting capacity of 390 tons per day. Haldyn supplies glass bottles mainly to food and beverage, pharmaceutical and liquor industry. Some of its clients include United Spirits, Amul, Tilaknagar Industries, Zydus, Empee, Bajaj consumer among others. |
