In today’s briefing:
- Campus Activewear Lock-Up – Shares Have Nearly Doubled. Pre-IPO Investors Might Book Gains
- UPL Ltd, Peaking Debt, Reasonable Valuations
- Weekly Wrap – 04 Nov 2022
- Indian Energy Exchange: Weak Base, Low Sentiment, Improving Valns
Campus Activewear Lock-Up – Shares Have Nearly Doubled. Pre-IPO Investors Might Book Gains
- Campus Activewear (CAMPUS IN) was listed on 9th May, 2022, with its six-month lockup expiring today, 4th November 2022.
- Campus Activewear is a lifestyle-oriented sports and athleisure footwear firm based in India. Operating under the “CAMPUS” brand, it offers a diverse portfolio of styles, color palettes, and price points.
- Coming up for six-month lockup expiry are the pre-IPO investors and the Promoters, both of which had sold during the IPO.
UPL Ltd, Peaking Debt, Reasonable Valuations
- Crop and Ag Chem markets to consolidate after ~50% jump in CY19-22E
- Crop Chem key beneficiary of energy transition > more crops for fuel > more crop chem use
- UPL likely near peak debt, to consolidate position, reasonable valuations
Weekly Wrap – 04 Nov 2022
Lucror Analytics Weekly Wraps provide an overview of all Morning Views comments and reports published by our analyst team in the past week, and also showcase a list of the most-read reports.
In this Insight:
and more…
Indian Energy Exchange: Weak Base, Low Sentiment, Improving Valns
- Q2FY23 Results weak on high base, H2FY23 to report single digit growth
- FII selling, led to stock’s underperformance in H1FY23, stock oversold
- Weak base to support growth forward, low sentiment, steep selling, turning valuation attractive, besides long term opportunity is improving
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
