anubhav kaheta he jab bhi g r e y me violation badhta he tab tab jo share nahi bhara wo minus me hi khulta he... dekhte he SJS minus me khulta he yaa anubhav badhata he..!!
542 plus 84 now today on 13th nov.2021, as company rs 10 at par not rs 1 Decorated business export more than 20 countries Facility at. Banglore and pune easy to do export business not in uttrakhand like other indian company See assets rise trend See revenue sustainability even in lock down Earnings See only 800 crores ipo So 614 opening minimun
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November 2, 2021 7:15:50 PM
Top Contributor (300+ Posts, 400+ Likes)
Folks- SJS looks good on business and results for the last three years. Surprised for why our guru''s not interested in this company. Please share your views.
a) Why are the promoters diluting so much equity? Objectives give nothing in terms of plan or focus, looks like Promoters want to cash-in and run. Not a good feeling. b) Although they have almost 6000 SKUs, i think they are all very low cost items and commoditized. I see very little scope for Y-o-Y growth in profits unless they keep introducing more and more products. Question is - where is the R&D for that? i am not getting the visibility.. If promoters are diluting so much, who is going to have the spine and interest to drive this company to greater heights?
One thing for sure, they dont need money for any business since they already have business running with around 50% utilization and still profitable. Always OFS is not a bad thing. They run business and they look for profits which is ultimate goal for everybody
I am not supporting promoters but i think they are doing same thing as other IPOs.
Make hay while the sun shines. Be it PaytmSapphire foodsFino paymentPB fintech
But you know this is good profitable company with clear visible earnings unlike others. and although its small cost item manufacturer they are clearly used in most common things like ( 2 wheelers, Cars, Home appliances) which always have good sales and demand going forward so business tend to increase for sure
Note: I have 3 SJS , 1 Fino. 2 PB fintech and applied for HNI in Sapphire foods and i dont work in SJS