If one looks at how the policies have panned in the last nine years. It is clear that one by one every sector has been looked upon and if that sector has been getting government subsidies in any form, the government has tried to improve the delivery mechanism of that subsidy by plugging leakage in a manner that the right person gets the subsidy and the government gets the intended result. In the case of the fertilizer industry, it started with urea getting coated with neem which was not a financial measure but had a financial impact. Similarly, there were some measures which in the short term impacted some fertilizer companies but over a period, there has been a clean up going in the industry. Will the street be having a re-look at them ?
On the buy write, if MOS closes above $37.50 at expiration in 45 days, you would earn $2.35 per share on $35.15 at risk, or 6.68%. On an annualized basis, that would be 54.2%.
While it has been slower as compared to other sectors, even the fertilizer sector has been witnessing policy changes which have intended to plug loopholes and increase the operational efficiency of the companies. Given the policy measures, it would be worth bringing them to watchlist because if a re-rating takes place then we could see a sharp move. But one thing which one needs to remember is that in such sectors some time invested capital can underperform for some time.
The Rashtriya Chemicals and Fertilizers stock has given a return of 17.45 percent over the last six months. The benchmark Nifty50 index has given a return of 5.71 percent over the same duration.
Senseonics Holdings, Inc. (AMEX:SENS) Q3 2023 Earnings Call Transcript November 9, 2023 Senseonics Holdings, Inc. reports earnings inline with expectations. Reported EPS is $-0.04 EPS, expectations were $-0.04. Operator: Good day and welcome to the Senseonics Third Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note today’s event […]