Monday, August 28, 2023
why you should buy Rajesh Exports Ltd stock?
all corporate governance issues are over now for Rajesh Exports. This stock is worth buying now as it is trading at low PE and also sales growth is good. Sale baregi to profit bhi barega. The stock is trading at low PE just because of corporate governance in the past. Now when corporate governance issue is over then stock price will recover. FII and DII's haven't lost faith in this company and they maintain their stock holdings. Yeh basant maheshwari to aur negativity faila rahe hai. Inko puri baat ka pata nahi. Basant Maheshwari is not recommending this stock just because he still doesn't trust the management of the company.
But now the management has matured and they have become honest in their approach after learning from corporate governance issues. Also, they are honest in their business and they have low margin in the business as they want to offer their product at low cost to the customers. Customers ko luutene ki inki niyat nahi hai. This shows company management is good as they want their customers to make profit even if they have to keep low profit for themselves. Unless they keep their margin low how the sales will go up?
If the company is making sales and profits there is nothing to panic. Dusro ko sun ke apna nuksaan nahi karwana chaye. Audited report ek baar submit nahi kari iska matlab yeh nahi ki aage bhi nahi karegi. People are selling stocks just because of rumors otherwise there is no reason to sell the stock with losses. Agar koi company debt free hai to uska management top ka hai. Jo interest pe paise leke kaam karte hai wo kabhi sahi nahi ho sakte kyoin ki unko risk hota hai business mein kyoin ki interest rate kabhi bhi bar sakta hai.
Apni debt ki chinta karne wala management hi sabse bariya hota hai. Rajesh Exports is like Hair and tortoise race where tortoise wins the race. Slow and steady wins the race and this company is going slow and steady. Jo apne business mein high margin rakte hai unko aage bhaut pachatana padta hai jab ek dam se koi competitor saste mein maal becchene aa jata hai. Rajesh exports will not face such issue and they have a monopoly business of gold. So, you should have faith in this company as the mangement is running the company with good discretion. Kuch kharab logo ki waje se kai baar rumor se stock price gir jata hai per yehi sahi time hai lene ka. Ek gandi fish pure talab ko ganda kar deti hai.
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