NSE:BFINVEST - BF Investment Ltd what's cooking here..?

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BFINVEST

BF Investment Ltd Overview

Non-Deposit taking Core Investment Company.
Engaged primarily in making investments in Kalyani Group companies.

History

Incorporated in 2009 by demerging the Investment Business of BF Utilities Ltd.
Under business restructuring, Investment Business transferred to BF Investment Ltd.

Kalyani Group

BF Investment Ltd. (BFIL) is a part of the USD 2.5 billion Kalyani Group from Pune.
Established in the mid-1960s.
Indian multinational with advanced technology, engineering & manufacturing capabilities.
Industries: Engineering Steel, Automotive, Industrial, Renewable Energy, Urban Infrastructure, Specialty Chemicals.
Market leader in forging globally and largest forging exporter from India.
Group Companies: Bharat Forge, KCTI, Kalyani Technoforge, Kalyani Global, Automotive Axles, and more.

Nature of Operations

Mainly focused on investments.
Majority of investments are strategic in nature targeting Kalyani Group Companies.
Investments are long-term and not for trade.

Revenue Mix FY22

Dividend income: ~55%
Interest income: ~34%
Other (Net gain on fair value changes): ~12%

Investments

Investments worth ~ Rs. 1646 Cr as of March 2021.
Significant ownership in Kalyani Steels Ltd., KSL Holdings Private Ltd., Triumphant Special Alloys Pvt. Ltd., Kalyani Financial Services Ltd., and others.
Equity stake in listed and unlisted shares: Bharat Forge Ltd, BF Utilities Ltd., and others.
Invested in preference shares and debentures of Group companies.

Promoter Shareholding

Promoters stake from 73.38%
Nota
I have taster ( starting position) nothing fancy , since its holding company may be catch up going on

disc: do you own research , no buy sell
Nota
add one trance more today

disc: Invested, trading position, no buy or sell recommendation
Dagangan ditutup: hentian tercapai
stop hit

closed position
Nota
I close the trade be keep following - look at the analysis and you will understand

- getting out of the trade on Sept 13 was good decision now if I look back
- look at the trend line ( dotted line ) stock has been dancing there since
- Is it time for next leg up

I might look into this stock and time might be coming from here..

disc: No investment , but I might build position or exit without notice. Do you own research
Nota
coming back in action keep a watch

disc: no investment
BFINVESTBFUTILITIEbharatforgebharatforgetrendanalysisChart PatternsFundamental AnalysisHIKALhikalpricetrendanalysiskalyanisteelpeacefulweekendinvestingshivendrabhatiaTrend Analysis

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