Minda Industries is our typical Multibagger stock, but a Stock which is a Good Investment under current Market conditions. It has a presence in a space which offers enormous potential and has a differentiated business model in the sector which will deliver Multibagger returns in the long run.
Core Investment Thesis :
MIL is a market leader in switches and horns segment commanding a market share of 61% and 55% respectively. The Company caters to both domestic and international markets with good hold in both OEMs and After-market segments. MIL has a wide clientele covering major automobile manufacturers in India as well as abroad.
Market Research Report : Auto ancillary market in india 2014 - SampleNetscribes, Inc.
For the complete report, get in touch with us at: info@netscribes.com
Abstract :
The report highlights the analysis of the drivers and explains the factors for growth of the industry. Growing Automotive industry, the auto after market demand, the healthy economic outlook also opportunities from new US IT Compliance Law, are the key drivers of this market. Auto makers are placing bulk orders for supply of auto parts to the auto parts manufacturers. India is also an attractive destination for the foreign investors with consistently increasing FDI in the automobile sector. The original equipment manufacturers (OEMs) and the aftermarket or replacement market are the two prime source of demand for auto components in India but Strong aftermarket provides better sales stability and higher operating margins than an OEM.
There are various challenges too that the Auto Ancillary industry faces, Rising labor costs, Counterfeit Market, Technical Inefficiency and depreciating currency are the major challenges faced by the auto ancillary industry. Rise in steel prices further adds to the cost disadvantage as steel is a primary raw material for the auto ancillary industry. Organized sector facing serious threats from rapidly growing counterfeit market in India, Fake auto parts hold a considerable amount of share of the total aftermarket. Since the finishing and packaging of fake parts closely replicate the original products, consumers fail to differentiate between the fake and original parts. Depreciating currency has adverse impact on the imports resulting in declining profits for the import dependent auto parts manufacturers. However, on the positive side, it has increased the cost-competitiveness of exports and also OEMs will look towards sourcing from local players due to higher price of imports
Government has plans of setting up the National Automotive Board (NAB) which will act as a catalyst between the government and the auto parts industry. Auto Component manufacturing companies should identify the long term growth pockets and enhance global competitiveness accordingly. They should diversify into adjacent fields of business, such as defense, construction, farm implements etc. They should also cooperate with government to enhance country competitiveness.
Table of Contents :
Slide 1: Executive Summary
Macro Economic Indicators
Slide 2: GDP at Factor Cost: Quarterly (2010-11 - 2013-14), Inflation Rate: Monthly (Jul-Dec 2013)
Slide 3: Gross Fiscal Deficit: Monthly (Feb 2013 - Jul 2013), Exchange Rate: Half Yearly (Oct 2013- Mar 2014)
Slide 4: Lending Rate: Annual (2008-09 - 2011-12), Trade Balance: Annual (2010-11 – 2013-14), FDI Annual (2009-10 - 2012-13)
Market Overview
Slide 5: Auto Ancillary Market – Transition
Slide 6: Auto Ancillary Market – Overview
Slide 7: Auto Ancillary Market – Market Size & Growth (2008-18), Market Segmentation - Sector wise
Slide 8: Auto Ancillary Market – Contribution to Employment Generat
Market Research Report : Auto ancillary market in india 2014 - SampleNetscribes, Inc.
For the complete report, get in touch with us at: info@netscribes.com
Abstract :
The report highlights the analysis of the drivers and explains the factors for growth of the industry. Growing Automotive industry, the auto after market demand, the healthy economic outlook also opportunities from new US IT Compliance Law, are the key drivers of this market. Auto makers are placing bulk orders for supply of auto parts to the auto parts manufacturers. India is also an attractive destination for the foreign investors with consistently increasing FDI in the automobile sector. The original equipment manufacturers (OEMs) and the aftermarket or replacement market are the two prime source of demand for auto components in India but Strong aftermarket provides better sales stability and higher operating margins than an OEM.
There are various challenges too that the Auto Ancillary industry faces, Rising labor costs, Counterfeit Market, Technical Inefficiency and depreciating currency are the major challenges faced by the auto ancillary industry. Rise in steel prices further adds to the cost disadvantage as steel is a primary raw material for the auto ancillary industry. Organized sector facing serious threats from rapidly growing counterfeit market in India, Fake auto parts hold a considerable amount of share of the total aftermarket. Since the finishing and packaging of fake parts closely replicate the original products, consumers fail to differentiate between the fake and original parts. Depreciating currency has adverse impact on the imports resulting in declining profits for the import dependent auto parts manufacturers. However, on the positive side, it has increased the cost-competitiveness of exports and also OEMs will look towards sourcing from local players due to higher price of imports
Government has plans of setting up the National Automotive Board (NAB) which will act as a catalyst between the government and the auto parts industry. Auto Component manufacturing companies should identify the long term growth pockets and enhance global competitiveness accordingly. They should diversify into adjacent fields of business, such as defense, construction, farm implements etc. They should also cooperate with government to enhance country competitiveness.
Table of Contents :
Slide 1: Executive Summary
Macro Economic Indicators
Slide 2: GDP at Factor Cost: Quarterly (2010-11 - 2013-14), Inflation Rate: Monthly (Jul-Dec 2013)
Slide 3: Gross Fiscal Deficit: Monthly (Feb 2013 - Jul 2013), Exchange Rate: Half Yearly (Oct 2013- Mar 2014)
Slide 4: Lending Rate: Annual (2008-09 - 2011-12), Trade Balance: Annual (2010-11 – 2013-14), FDI Annual (2009-10 - 2012-13)
Market Overview
Slide 5: Auto Ancillary Market – Transition
Slide 6: Auto Ancillary Market – Overview
Slide 7: Auto Ancillary Market – Market Size & Growth (2008-18), Market Segmentation - Sector wise
Slide 8: Auto Ancillary Market – Contribution to Employment Generat
Application of OM in Automobile SectorMayank Gupta
This ppt talks about the various concepts taught at undergraduate level in Operations Management. Often students find operations management tough but this ppt gives a jist of the concepts. It is a request from people to take this ppt as a reference only.
India Automobiles Sector Report April 2014iimjobs.com
For leading industry jobs, please visit www.iimjobs.com
India Automobiles Sector Report April 2014
India represents one of the world’s largest automobile industries. Easy availability of finance and rising income levels are encouraging the middle class population to upgrade their two wheelers to a car. Besides, the growing organised used car market has also been a positive growth factor in the used car market of the country. Driven by the above factors, the used cars market is anticipated to grow at a compound annual growth rate (CAGR) of 16 per cent during 2013–17, highlighted the RNCOS report titled, ‘Booming Used Car Market in India Outlook 2017’.
India is quietly becoming a production hub of high-end vehicles meant for export to China. The US-based motorbike maker Harley Davidson, Austrian motorcycle manufacturer KTM and Mahindra & Mahindra have also preferred to set up manufacturing facilities in India than in the relatively low-cost China and export the output.
Furthermore, India is set to become Mercedes Benz’s fastest-growing market worldwide ahead of China, the US and Europe, according to internal projections. We expect growth rates to be the fastest in India globally, and expect sales to move up by 10 per cent over the next five years or so, as per Mr Matthias Luhrs, Vice-President (Global Sales), Mercedes Benz Cars.
Automobiles production increased at a compound annual growth rate (CAGR) of 12.2 per cent over FY05-13, while the export volumes increased at a CAGR of 19.1 per cent.
Strong demand growth due to rising incomes, growing middle class, and the young population is likely to propel India among the world's top five auto-producers by 2015.
India has significant cost advantages; auto firms save 10-25 per cent on operations in India as compared to Europe and Latin America. A large pool of skilled manpower and a growing technology base are some of the leading factors.
The government aims to develop India as a global manufacturing as well as research and development (R&D) hub. There has been a wide array of policy support in the form of sops, taxes and FDI encouragement. Under the Union Budget 2013-14, the government has also proposed to allocate US$ 2.7 billion for Jawaharlal Nehru National Urban Renewal Mission (JNNURM) to bolster sales volumes of Medium and Heavy Commercial Vehicles (MHCV).
The world's cheapest car (Tata Nano) has directed focus towards the low-income market. Bajaj Auto, Hero Honda and Mahindra & Mahindra (M&M) jointly plan to develop a technology for two-wheelers to run on natural gas. Electric cars are likely to be a sizeable market segment in the coming decade.
The Indian Auto Components Industry Latestvijaybudhdeo
Industry research on the Indian Auto components Industry. Inludes an overview of world auto component markets with a special emphasis on India-China comparison.
India is emerging as global hub for auto component sourcing
Relative to competitors, India is geographically closer to key automotive markets like the Middle East and Europe. Tese are the major advantages for India to grow in automotive industry.
WealthZap Research Services-NBCC Ltd MultiBagger Recommendation for March-2017Saurabh
NBCC is our typical Multibagger stock, but a Stock which is a Good Investment under current Market conditions. It has a stable business model trading at reasonable valuations which will deliver superior returns in the long run.
Core Investment Thesis :
The company is in construction space and is a preferred by the government for PMC contracts. The company has a proven and consistent track record in executing projects and is well positioned to use its government patronage to its advantage there by enhancing shareholder value.
WealthZap Research Services-Cadila Heathcare Ltd MultiBagger Recommendation f...Saurabh
CHL is our typical Multibagger stock, but a Stock which is a Good Investment under current Market conditions. It has a presence in a space which offers enormous potential and is also trading at reasonable valuations which will deliver superior returns in the long run.
Core Investment Thesis :
The company is in healthcare space and is one of the fastest growing pharma companies among top-10 domestic peers. It currently ranks as the 4th largest pharmaceutical company in India with a market share of ~4.2%, based on domestic sales of formulations.
Application of OM in Automobile SectorMayank Gupta
This ppt talks about the various concepts taught at undergraduate level in Operations Management. Often students find operations management tough but this ppt gives a jist of the concepts. It is a request from people to take this ppt as a reference only.
India Automobiles Sector Report April 2014iimjobs.com
For leading industry jobs, please visit www.iimjobs.com
India Automobiles Sector Report April 2014
India represents one of the world’s largest automobile industries. Easy availability of finance and rising income levels are encouraging the middle class population to upgrade their two wheelers to a car. Besides, the growing organised used car market has also been a positive growth factor in the used car market of the country. Driven by the above factors, the used cars market is anticipated to grow at a compound annual growth rate (CAGR) of 16 per cent during 2013–17, highlighted the RNCOS report titled, ‘Booming Used Car Market in India Outlook 2017’.
India is quietly becoming a production hub of high-end vehicles meant for export to China. The US-based motorbike maker Harley Davidson, Austrian motorcycle manufacturer KTM and Mahindra & Mahindra have also preferred to set up manufacturing facilities in India than in the relatively low-cost China and export the output.
Furthermore, India is set to become Mercedes Benz’s fastest-growing market worldwide ahead of China, the US and Europe, according to internal projections. We expect growth rates to be the fastest in India globally, and expect sales to move up by 10 per cent over the next five years or so, as per Mr Matthias Luhrs, Vice-President (Global Sales), Mercedes Benz Cars.
Automobiles production increased at a compound annual growth rate (CAGR) of 12.2 per cent over FY05-13, while the export volumes increased at a CAGR of 19.1 per cent.
Strong demand growth due to rising incomes, growing middle class, and the young population is likely to propel India among the world's top five auto-producers by 2015.
India has significant cost advantages; auto firms save 10-25 per cent on operations in India as compared to Europe and Latin America. A large pool of skilled manpower and a growing technology base are some of the leading factors.
The government aims to develop India as a global manufacturing as well as research and development (R&D) hub. There has been a wide array of policy support in the form of sops, taxes and FDI encouragement. Under the Union Budget 2013-14, the government has also proposed to allocate US$ 2.7 billion for Jawaharlal Nehru National Urban Renewal Mission (JNNURM) to bolster sales volumes of Medium and Heavy Commercial Vehicles (MHCV).
The world's cheapest car (Tata Nano) has directed focus towards the low-income market. Bajaj Auto, Hero Honda and Mahindra & Mahindra (M&M) jointly plan to develop a technology for two-wheelers to run on natural gas. Electric cars are likely to be a sizeable market segment in the coming decade.
The Indian Auto Components Industry Latestvijaybudhdeo
Industry research on the Indian Auto components Industry. Inludes an overview of world auto component markets with a special emphasis on India-China comparison.
India is emerging as global hub for auto component sourcing
Relative to competitors, India is geographically closer to key automotive markets like the Middle East and Europe. Tese are the major advantages for India to grow in automotive industry.
WealthZap Research Services-NBCC Ltd MultiBagger Recommendation for March-2017Saurabh
NBCC is our typical Multibagger stock, but a Stock which is a Good Investment under current Market conditions. It has a stable business model trading at reasonable valuations which will deliver superior returns in the long run.
Core Investment Thesis :
The company is in construction space and is a preferred by the government for PMC contracts. The company has a proven and consistent track record in executing projects and is well positioned to use its government patronage to its advantage there by enhancing shareholder value.
WealthZap Research Services-Cadila Heathcare Ltd MultiBagger Recommendation f...Saurabh
CHL is our typical Multibagger stock, but a Stock which is a Good Investment under current Market conditions. It has a presence in a space which offers enormous potential and is also trading at reasonable valuations which will deliver superior returns in the long run.
Core Investment Thesis :
The company is in healthcare space and is one of the fastest growing pharma companies among top-10 domestic peers. It currently ranks as the 4th largest pharmaceutical company in India with a market share of ~4.2%, based on domestic sales of formulations.
Wonderla Holidays is our typical MULTIBAGGER
stock, which is a good investment due to the
enormous growth opportunities in sector primarily
due to increase in high disposal income
which will result in increase in discretionary
spend. The business model is robust with good pricing
power which will deliver superior returns in
the long run. This is a good investment from a
three year prospective.
StocksInsights Profitseeker December 2015 pick - Dewan HousingStocksInsights
In this package, you get high potential growth stock every month with the best possible return ratio. Our intention is to help you discover the stocks which are available to an extreme discount to their intrinsic earnings potentials and much below their market value. They can multi-fold returns in 6-9 months without much downside. Our key objective is to pick stocks which have strong fundamentals but have been beaten down badly. We like to select companies with strong Competitive Advantages and are quoting at a discount to their intrinsic value due to temporary events affecting the company which may have been overplayed by the market.
Profit Seeker Package is suitable for whom?
– Investors looking for sustainable medium term returns in good stocks.
– Has a holding period of less than 6 to 9 months and is willing to stomach volatility.
– Investment capital of minimum INR 1,00,000
– For those who wanted to trade in fundamentally sound stocks with minimum risk.
Thirumalai Chemicals – Multibagger stock for 2016?Shailesh Saraf
According to Dynamic Levels Researchers, Thirumalai Chemicals belongs to the multibagger group for the year 2016. The stock has strong fundamentals and the analysts are optimistic that it would give high returns. After Budget, it has consistently been a top performer and has shown a positive price
Stylam, one of the top 3 laminate exporters
in India, has a strong presence in both domestic and
international market (contributes 70% in total revenue). The
company is doubling its capacity at a capex of Rs600 mn,
likely to complete by 2016. Total capacity would increase
to over 12 mn sheets post expansion. Total capacity would
increase to over 12 mn sheets post expansion. The company
expects utilization to reach 50% for new plant within a
period of six months due to introduction of new product
(14ftX6ft wider sheet) which has strong demand in export
market and commands a premium of 10%-15% from
regular products. Further, the company is strengthening its
presence in domestic market with direct penetration
(gradually phasing out distributors), giving better margin
and higher brand recall
The sectors that are likely to benefit from GST will include Logistics, Consumer durable, Automobile, Multiplexes and Ply wood Industries.
We at Sublime Advisory have identified 5 stocks that would benefit from the passage of GST which would be potential game changers for these companies.
Sri kalahasti pipes multibagger report, Sublime financial AdvisorySublime Advisory
We at Sublime Financial Advisory recommended Srikalahasthipipes In Jan Month As A Multibagger Stock. Srikalahsthi Pipes Ltd (SPL), formerly
known as Lanco Industries Ltd, is one of the leading
manufacturers of Ductile Iron Pipes (DI Pipes). It was
incorporated in 1991 and has its manufacturing facility in
Rachagunneri, Chittoor Dist AP. In 2002 it entered into a
strategic alliance with Electrosteel castings Ltd (ECL), one
of the largest manufacturers of DI pipes. SPL’s marquee
client list includes L&T, NCC, Indian Hume Pipes, VA
Tech Wabag Ltd, Sriram EPC Ltd etc. Apart from this, SPL
has a power generation capacity of 14.5MW, comprising of
12MW waste heat recovery of coke oven plant and 2.5MW
captive power plant, which runs of blast gas furnace
As Mainstreet entered into the fiscal year 2016, we established a number of strategic plans and financial goals in direct response to macro economic challenges in some of our core markets. These measures were taken very deliberately, and were crafted in order to create opportunity for Mainstreet and its shareholders during this ongoing uncertainty. Our
strategies included the accretive acquisitions of assets during periods of economic recession; refinancing a significant portion of our pre-maturity debts at the current record-low 10-year team interest rate; and buying back our own shares, which we believe are trading at a deep discount to the NAV.
Asia-Pacific countries have contributed to growth of the global automobile sector. Developing Asia Pacific region will contribute 62.2% of auto and auto components sector growth for the period 2015-19. The quantitative growth in this region is expected to reach 101mn units in 2017 at a CAGR of 5%. India is a significant contributor from this region with a potential to become the 4th largest automobile producer by 2020. Automobile sector contributes 7.1% to the Indian GDP and was more than 45% of manufacturing GDP in FY14. Karnataka is the 4th largest state in automotive production with output of USD 2.8 bn, contributing 8.5% to national sector output. The automotive industry provides employment to more than 55,000 workers in the state of Karnataka.
A Microeconomics focused presentation of Tata Motors - 2 Wheeler Era. Discussed in detail on how TATA can introduce a new 2 wheeler in an already existing competitive market and try to gain a market share. All strategies including Finance, Marketing and Sales have been briefly discussed with a 5-year growth plan.
June 2015 Edition of BEACON, A Monthly Newsletter by SIMCON.
Inside this issue:
Our Team
INDUSTRY ANALYSIS : Automobile Industry
COMPANY ANALYSIS : Tata Motors
BRAND ANALYSIS : Gillette
Concept of the month: Experience Curve
Industry analysis and discussion about top 5 companies in Automobile industry, Its 5 years CAGR, Discussion about porters 5 force analysis, Industry growth, and its future prospects.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
Webinar Exploring DORA for Fintechs - Simont Braun
WealthZap Research Services: Minda industries ltd Multibaggar Recommendation for Feb-2017
1.
2. Content Index
•MIL Limited – Investment Snapshot :- Slide #3
• Auto Industry – An Overview:- Slide #5
• Investment Arguments :- Slide #16
•Financial Snapshot - Slide #27 & 28
• Concerns & Reasoning :- Slide #29
3. Minda Industries Ltd– Investment Snapshot
(as on Feb 01, 2017)
Recommendation :- BUY
Maximum Portfolio Allocation :- 5%
Investment Phases & Buying Strategy
1st
Phase (Now) of Accumulation :- 50%
Current Accumulation Range :- 340-350Rs
Minda Industries is our typical Multibagger stock, but a
Stock which is a Good Investment under current Market
conditions. It has a presence in a space which offers
enormous potential and has a differentiated business
model in the sectorwhich will delivermultibagger returns
in the long run.
Core Investment Thesis :
MIL is a market leader in switches and horns segment
commanding a market share of 61% and 55% respectively. The
Company caters to both domestic and international markets
with good hold in both OEMs and After-market segments. MIL
has a wide clientele covering major automobile manufacturers in
India as well as abroad.
Current Market Price – Rs.343
Current Dividend Yield – 0.35%
Bloomberg / Reuters Code –MNDA. IN/
MNDA.BO
BSE / NSE Code – 532539/MINDAIND
Market Cap (In Rs. Cr) - 3411
Equity Share Capital [Cr]– 19.00
Face Value – Rs. 2
52 Week High / Low – Rs.451.85/
Rs.180.40
Promoter’s Holding - 74.02%
Other Holdings - 25.98%
5. Growth of Indian Vehicle Industry
• The Indian Automotive industry is one of the largest and fastest growing industries in the world. Presently,
the dominant product of this industry is two wheelers .
•The Indian auto industry is known as a global hub for manufacturing compact cars and, therefore, the value
of FDI in the sector is also increasing.
•Two wheeler industry in India has evolved invariably in the recent past and consists of three segments viz.,
scooters, motorcycles, and mopeds. Among the three segments the major growth trends have been seen in
the motorcycles over the last four to five years
•In volume terms, the 2Ws segment is the largest segment of the Indian automotive industry, with domestic
sales of 16.0 million units, accounting for 80% of total sales volume of the Indian automotive industry and
exports of 2.4 million in FY2015.
6. Two Wheeler Industry
• The two-wheeler industry slowed down considerably in the last 4 quarters with the segment reporting
flattish volumes. (January 2015-November 2015) volumes grew marginally by 1%.
•The two-wheeler industry is affected by changes in inflation, fuel prices, interest rates, disposable income,
excise duty, economic stability, and changing consumer preference and demographics.
• The two-wheeler industry to return to the growth trajectory in FY2017 and realign with its long term CAGR
of ~10%. Acceleration in urban volumes on account of better economic growth, resulting in higher incomes
in the hands of consumers, coupled with a further reduction in interest rates, are likely to boost volumes.
• Further, the implementation of the Seventh Pay Commission recommending a 23% average salary hike
would result in higher incomes for 5mn government employees and this would act as an important catalyst
for growth.
in two-wheeler demand
7. Four Wheeler Industry
• The domestic passenger vehicle sales growth showed some signs of improvement in FY2015 with the
growth of 3.9% as compared to -5.7% in FY2014, -6.7% in FY2013, 2.2% in FY2012 and 29.7% during FY2011
respectively.
•The growing availability of small and affordable cars has helped expand the passenger vehicle (PV) market
in India. Refreshed product lines, aggressive pricing of new models, expansion of sales and service networks
and capacity enhancements by companies are some of the factors that helped companies in the industry
post record sales.
• The industry was witnessing a slow down during last fiscal due to increase in interest rates, fuel prices and
rising inflation, thereby affecting the demand .
• Further, the buoyancy in the sector was derived primarily from economic vibrancy, changes in Government
policies, increase in purchasing power especially of the upper middle class, improvement in life styles, and
availability of car finance demand.
8. Passenger Car Segment
• In the PV or passenger car segment, which constituted 80% of domestic 4W sales during FY2011-15, the
domestic market has seen a significant increase in new product launches in each segment over the past few
years.
• Since affordability is the most important demand driver in India, the domestic car market has until now
been segmented on the basis of vehicle price.
• Further, price-based competition takes place in a continuum rather than in segments since nearly all the
models are launched in multiple versions at different price points.
•High growth in the mid-size segment has been led by new launches, lower prices, and the significant
success of four models—MSIL’s Esteem and SX4, Honda’s City, and TML’s Indigo.
12. Production Breakup
•Engine parts’ account for 31percent of the entire product range of the auto components sector followed
by‘ drive transmission and steering parts’(19percent).
•The Two wheelers’ is the largest domestic customer segment for the auto components industry with a
share of 79%.
• Original Equipment Manufacturers (OEMs) dominate production volumes by market range with exports
account for a healthy 29percent.
13. Auto Components Industry - Growth Driver
•The Indian Auto component industry employs about 19million people both directly and indirectly.
• The potential for the Indian Auto components industry to grow its work force is going to grow in coming
years as bigger players move to India.
• The Indian Auto component industry Contribution to GDP accounts to 7percent in 2015 from 2.1 percent
in2009.
14. Export of Auto Components
• India’s exports of auto components increased at a CAGR of 15percent from about 5.1 bn in FY09 to about
USD10.2 billionduringFY09-14.
• Europe accounts for the largest share of Indian auto components exports(38.1percent) followed by North
America(21percent)and Asia(25percent).
• The growth of global OEM sourcing from India and the increased indigenization of global OEMs is turning
the country into a preferred designing and manufacturing base.
15. Technological Shift
•Indian manufacturers are embracing best shop floor practices such as 5-S, 7-W, Kaizen, TQM, TPM, 6 Sigma
and Lean Manufacturing.
• Most players in the organized sector are certified ISO 9000, ISO 14001 and TS 16949 companies apart from
private players are keen to set up their R&D base in India.
• The Indian Auto Components companies are increasing deploying IT-enabled automobile support systems
such as Global Positioning Systems (GPS), Anti-Braking Systems (ABS), Automatic Speech Recognition (ASR)
and safety systems to promote innovation in the auto components industry.
17. Company Snapshot
•MIL is a flagship company of UNO Minda, NK Minda group, engaged in diversified businesses of
manufacturing of auto electrical parts including switches, lights, horns, gas kits and batteries for the off
road, two, three and four wheelers.
• MIL is a market leader in switches and horns segment commanding a market share of 61% and 55%
respectively. The Company caters to both domestic and international markets with good hold in both OEMs
and After-market segments.
•MIL has a wide clientele covering major automobile manufacturers in India as well as abroad. With the new
acquisitions and ventures, it is adding advanced, technology enabled products to its present portfolio and
also gaining in its market share.
• MIL has more than 28 manufacturing plants in India and 5 R&D centers globally. Minda has partnered with
9 Global Technology players. Till date, it has more than 120 plus product patents and 145 plus design
registrations.
20. Two Wheeler Industry Recovery – Growth Driver
•The two-wheeler industry slowed down considerably in the last 4 quarters with the segment reporting
flattish volumes. The January 2015-November 2015 volumes grew marginally by 1% due to decline in rural
volumes on account of two consecutive years of deficient rainfall which led to sluggishness in rural demand
for two-wheelers which account for 40% share.
• The two-wheeler industry is likely to return to the growth trajectory in FY2017 and realign with its long
term CAGR of ~10%. Acceleration in urban volumes on account of better economic growth, resulting in
higher incomes in the hands of consumers.
•A gradual recovery in rural demand on expectations of a normal monsoon in FY2017 and increase in
Minimum Support Prices (MSP’s) for agricultural output would also aid recovery, going ahead. MIL which
draws 80% of its sales from the 2WOEM segment, is likely to benefit from an expected recovery in the two-
wheeler segment.
21. Switches Division
•MIL is the largest manufacturer of switching systems and handle bar solutions for 2/3W and off road
players with a market share of 67%.
•MIL’s division also has a major share of business in all Indian two wheeler OEMs. Developing top notch
products for 2/3W and off-road vehicles, the Switch Division operate five plants in India and two overseas
plants in Indonesia and Vietnam.
•MIL Switches is the largest division of the company comprising of ~43% of the consolidated revenues out of
which 78% was contributed by OEM sales, 14% by replacement market and 8% by exports. MIL supplies
switch mainly to 2W with Bajaj accounting for 45%, HMSI and TVS forming 9% each, Royal Enfield and Hero
around 5% each and others contributing 26%.
22. Lighting Division
•MIL is the prominent player in the Lighting segment after Lumax and FIEM commanding a market share of
12%.
•MIL’s lighting division contributes 18% of consolidated revenues, of this, OEM sales constitute 68%,
replacement 28% and exports constitute of 8%.
•MIL products are offered across all three ranges - head lamp, tail lamp and small lamp (interior light, side
light etc). The lighting division of MIL operates across five plants, with one each in Pantnagar, Sonepat,
Manesar, Haridwar and Chennai.
23. Horns Division
•MIL is the largest manufacturer of horns in India with a market share of 55%. The segment contributes 16%
in the consolidated revenues.
•MIL’s segment dedicatedly works on developing and innovating quality products of optimum sound
performance and high durability.
•MIL acoustic division has manufacturing units at Manesar and Pantnagar and the company is a preferred
supplier to all leading two-wheeler, four-wheeler, off-road and commercial vehicle.
•MIL had acquired MIL acquired Clarton Horn S.A., in 2013, which is a leading manufacturer of automotive
horns, trumpet horns and disc horns in Spain. With this acquisition, MIL is positioned among top two horn
manufacturers in the world which has helped MIL to get access to leading European and American OEM’s.
24. Other Businesses
•MIL has nntered into technical arrangement with Kosei Aluminum Co ltd (Japan) to develop, manufacture
and sell Aluminum Alloy wheels for passenger vehicles.
•MIL is setting up new plant in Bawal (Haryana) with a manufacturing capacity of 72000 unit’s p.a with an
investment of Rs. 200 crs in first phase of production.The proposed shareholding of the Joint Venture
Company will be in the ratio of 70:30 i.e. UNO Minda Group 70% and Kosei Group 30%.
• Alloy wheels will be manufactured in Minda Kosei Aluminum Wheel Pvt. Ltd. and Kosei Minda Aluminum
Co. Ltd. MIL through its holding in the above companies will be largest manufacturer of alloy wheel in India
with capacity in excess of 1.44 mn wheels per annum.
•MIL’s Other product includes CNG/LPG kits, Die casting, Blow moulds, batteries, fuel cap. MIL has strategic
joint venture with Emer, Italy for CNG/PNG kits and Kyoraku Co. Ltd for Blow moulded products.
29. Concerns & Reasoning
1.) Exchange Rate Fluctuations:
MIL derives about 81% revenues from exports and any major volatility in the exchange rate is likely to
impact business operations of the company.
2.) Slowdown in Automobile Industry:
MIL derives its revenues from the Automobile industry which is cyclical and any slowdown in the automobile
industry will adversely impact the company.
3.) Volatility in raw material cost:
MIL depends on steel for its raw material and any steep increase in the price of steel which impact its
margins as the company will find it difficult to pass on the entire price hikes.
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