Disclosure: I’m long in Iris Business Services and therefore have a vested interest in the stock doing well The Marketplace In Which Iris Business Services Operates In To understand Iris Business Services and its potential, you first need to understand the marketplace it operates in:   There was a time when documents were submitted to financial and other regulators and governments in the form of Word, Excel, PDF, CVS, JSON, etc. These file formats were not machine-readable (that means they could not be read and then analyzed by computers). Because these documents were not machine-rea ..read more

DISCLOSURE FIRST: The author, Sunil Tinani, is bullish on and invested in Iris Business Services for the medium term. His average cost is 82.50 and the CMP as on the date of this interview is 81.50. 1. In 2021-22, about 45% of your revenues were domestic, rest global. Share of revenues from the EU region saw a big jump from 6% to 11%. Did this trend hold FY 2023, and will it hold in the coming years? IRIS: This year (FY23) European revenue is 12% of the consolidated revenues while domestic revenue accounted for 38%. We expect that in FY 24, our revenue share from Africa might increase due to t ..read more

By Radhika Menon of KrazyBee Lenders evaluate your ability to pay back a loan by examining your credit score. Your credit score is a summary of your credit history, including how much credit you have borrowed, how you have repaid it, and other factors. This information helps the lender determine the risk associated with granting you a personal loan, especially since personal loans are unsecured, meaning the lender has no collateral to fall back on in the event of default. It’s often believed that obtaining an instant loan with low CIBIL score is impossible. However, this is not entirely true ..read more

The following are the characteristics of a safe stock/company: It has a high-quality and ethical management team. It is surrounded by a reasonably strong economic moat. It is shareholder-friendly. Its revenues, profits, and operating cash flows are either growing or stable. To figure out whether a stock is safe to invest in, look for the following factors: 1. Ethical and High-Quality Management A high-quality management team ensures: Teamwork: The senior management encourages teamwork and ensures that the whole (end result) is greater than the sum of its parts (individual effort). Focus on ..read more

I am a MITCON bull and a shareholder. As its price was dipping, I thought it would be a good idea to touch base with the company secretary, Ms Ankita Agarwal, and get some answers to my questions. I did get in touch with her around 45 days ago and she asked me to send a questionnaire which would be answered over email. Accordingly, I sent her the following questions, to which there has been no reply. If you are a resident of Pune, and a shareholder, I urge you to get in touch with the company and seek out these answers for the benefit of all shareholders and potential investors: Why is the ..read more

The SL (Stop Loss) Order, also referred to as the Trigger Order, refers to a method of placing orders that are executed only when the price crosses above (or below) the SL or Trigger price. It is one of the safest and most profitable ordering systems that can help you buy, sell, or short stocks once they cross above or below your pivot or Fibonacci or any other levels. When Is SL Order Most Effective? The SL order for buys or sells is most effective on trend days. On bullish days, a BUY SL ORDER can work magic while a SELL SL ORDER can get you good returns when the trend is bearish. A BUY or ..read more

Axita Cotton has delivered multibagger returns to its shareholders by zooming from Rs 6.5 to Rs 58 in the space of just 12 months (adjusted for FV 10 to 1 stock split). After the massive rise in its price, the promoters began unloading stock from November 2022 onwards. Between November 21, 2022, and December 5, 2022, in just 2 weeks, the promoters offloaded 58 lakh shares (approximately). They sold out between Rs 37.50 and Rs 50 bucks, let’s say the average was about Rs 44. The total sale value worked out to about Rs 25 crores. The company’s share capital is Rs 19.6 crores as of March 2022 ..read more

At best, Mishtaan Foods seems like a speculative buy. The stock is popping because:  The promoters have started buying it regularly since it was Rs 9, and The company is setting up a grain-based ethanol facility in Gujarat.  Also, here’s an FYI: The company had given a 1:1 bonus in FY 2022 which made its capital swell to Rs 100 crores (FV 1). Also, until 2015, Mistaan Foods was known as HICs Cement. After getting into the food processing business in 2015, the company set up a processing plant. It currently sources wheat, rice, and grains from farmers, processes, and markets them u ..read more

Archies Ltd has disappointed and frustrated millions of its loyal shareholders for a whopping 23 years now. The stock hit a high of about 283 in 1999 and then dug a grave for itself as you can see in the monthly chart below. Well, there’s good news for people who own the stock or new investors – the Archies’ stock may have risen from the grave and is likely to be nursed back to health. Here are the reasons why: Archies’ Cost Cutting    The company is closing down loss-making stores and is diligently opening new ones. This exercise has helped Archies achieve a 39% growth in rev ..read more

Adani Group owns and operates the following companies: Adani Enterprises Adani Green Energy Adani Ports Adani Total Gas Adani Power Adani Transmission Adani Wilmar Here they are at a glance (as of September 30, 2022): (Rs in Crores Except for EPS) Company  Equity & Reserves Gross Debt short- and long-term Non-Current Assets Revenues Annualized Profit BeforeTaxAnnualized Profit After Tax Annualized EPS Annualized Adani Ent 36,000 56,000* 79,300 1,60,000 2,600 1,800 16.50 Adani Green 6,800 54,800* 56,400 6,800 890 730 3.80 Adani Ports 43,900 45,700* 85,600 22,300 6,000 ..read more