Satya's Weblog

The Heritage Group, founded in the year 1992 by Mr. Nara Chandrababu Naidu (Now Andhra CM), is one of the fastest growing Public Listed Companies in India, with two-business divisions viz., Dairy and Renewable Energy under its flagship Company Heritage Foods Limited (Formerly known as Heritage Foods (India) Limited).

Currently Heritage's milk and milk products have a market presence in Andhra Pradesh, Telangana, Karnataka, Kerala, Tamil Nadu, Maharastra, Odisha, NCR Delhi,Haryana, Rajasthan, Madhya Pradesh, Punjab, Uttar Pradesh, Gujarat and Uttarakhand. Headquartered in Hyderabad.

Heritage Foods Bags "Golden Peacock Award for Excellence in Corporate Governance' for the year 2016".

Listed among India's prestigious Top-500 companies list for the year 2013 & 2014, compiled by The Economic Times, on the basis of industry respect and key financial parameters.

Recently Heritage has sold its retail business to Future Retails and in lieu of money, it got Future Retails shares. Future Retails shares has gained in price and that is going to benefit the company. Read more about the benefits of Heritage Foods here.

In FY17, the company's operating profit was Rs 110 crore due to Rs 10-crore loss in the retail business. With this business now gone to Future Retail, analysts expect overall margin, cash flow and return ratios of Heritage to improve from the current fiscal.

Heritage foods is trading at discount too.

Heritage Foods export Ghee, Skimmed Milk, and butter to Europe, Gulf and other countries.

Heritage Foods has green power for captive consumption. 4 MW of Solar power and 4.2 MW of Wind power.

CMP: Rs 1276.

Heritage Foods is a good business to buy at your own time for long term.

I was thinking of "Good Luck" alternatives when I want to say something that just happened randomly. Many things around us happen randomly but we attribute that to God - the almighty.

Now, you can believe almighty and say good luck! But what about those that don't believe in God or those who see it just happen randomly and that is in his/her favor so it looks like good luck.


So, how does it sound when one say, it just happened randomly! to answer to a question - How does that happened to you?

For believer and something that sound sweet, here are the alternatives of Good Luck!

• Best Wishes
• Do well
• Fingers Crossed
• I hope it works out
• Hope this helps!
• All the best,
• Smooth sailing,
• Best Regards,
• Wish you well,
• More here

When is this Bull market going to end? The question and answers are floating around.
We are near to 10,000 mark at Nifty. Many market experts think it can reach to 10,000 before bear market or major correction. But we all know market does not follow any mark. It can come any time without informing us. But it all depends on valuation and money flow etc.



An article on Economic Times mention few details about Bull and Bear market which read tasty.

The BEER (bond-equity earnings yield ratio) thus stands at 1.5. Since bond yields are seen as risk-free, a BEER value above 1 signals rich stock valuations, which means the market is already in the risky zone.

A strong bull run is generally followed by a flurry of IPOs.

High retail participation is often a signal of an impending correction in stocks. These investors represent “the last bear on the Street.

A typical bull market is known to have three phases: accumulation phase, that marks the end of a downtrend and informed investors start lapping up shares at cheaper prices; the public participation phase, when risk appetite develops among the general public and retail investors throng the market; and the excess phase, when the bullish sentiment turns into exuberance; informed investors being to bail out.

Govt has given you option of investing in gold through Sovereign Gold Bond scheme launched last year.
Benefit of investing in Gold Bond:
You get 2.5% interest Plus natural appreciation or depreciation of Gold.
In physical gold, you face natural appreciation or depreciation but no guaranteed income of 2.5%.

This all about SGB and other things you can find here.



I just want to add that physical gold also provide surety of money when Bank stopped working. Suppose a very big natural calamity has destroyed big part of our civilization then where will you look for Bank! But if human race exists then you can use Gold for exchange.
Bank stopped working for some other not so extreme reasons too. Greece on the face of Bankruptcy has closed bank for few days before Europe has provided debt to come over it. We can believe on Gold as it is used from time immemorial.
Now, you may think that in that scale of calamity if I will be there or not is also not known. and you are right. In SGB, you are getting 2.5% assured return which over long term matter. Physical gold also provide feeling of some worth.

What Ashish Chugh is looking for in this market? It is important to know that as that can help us find multibagger of our own. He is a multibagger specialist.

Some of his ‘pet’ stocks have delivered big returns over the years: Natco has surged 67 times in less than 10 years, Avanti Feeds has grown 60 times, or 5,900 per cent, in four years.

Porinju and Ashish Chugh (left).

I am looking for companies that have done capex in last few years, but it has not started yielding results because of lack of adequate demand or teething startup problems. Profits would be lower today because of higher depreciation and interest cost, which is why there is lower investor interest in these stocks. This enables me to buy these stocks at lower prices.”

The thesis: as and when demand picks up or the teething issues get resolved, revenues and profitability shoot up substantially due to operating leverage.

At present, Chugh is looking for stocks in sectors such as ancillaries to housing, infrastructure, building material and rural plays, where the demand pickup is due.

“I am looking for select plays in cement and e-commerce segments, and in the microcap space. One more theme I am working on is companies with great brands and brand recall. They did not do well in the past because of change in business dynamics and may be restructuring or reinventing their business models. Value migration from unorganised to organised space post GST is another theme that interests me,” Chugh said.

Read more: How Ashish Chugh search for multibagger stocks?