ENGINCREDIBLE

@ca_onlygain A heartfelt thanks for sharing. Since you entered Rolex Rings for the BB opportunity and a short-term swing trade, may I ask what exit price-range you have in mind for the swing position? With around 8–10 trading sessions left, understanding your approach would be helpful.

Bought today rolex rings for BB and short term,some fundamental analysis of the company:- (1)ROCE-21.2% (2)ROE-15.7% (3)P/E-21.4 (lowest in the industry) (4)OPM-20% (5)Debt-zero (6)cash flow-Positive (7)Promoters holding-52.24% (8)FII and DII-increasing holding (9)sector-Good (10)Future Growth-visible I am not SEBI registered. This post is for educational/discussion purposes only and is not a recommendation to buy or sell.Investments in the stock market are subject to market risks. Please do your own research or consult a certified financial advisor before investing.

@ca_onlygain Thank you very much for taking the time to provide such a detailed and insightful explanation. Truly appreciate you sharing your experience and knowledge. Grateful for your time and generosity.

ROLEX RINGS BUYBACK:- (1)Company is buying 3.67%of its total paid up caiptal in a BB of 180 crores @₹180/share (2)CMP:-137.88 (3)Record date:-Not yet announced by company may be in between 1-6 to 15-6. You need to purchase shares till one day before record date for BB.To be eligible for retail entitlement,market value of your total holding on record date price closing should be 2lacs or less. (4)On the basis of analysis of shareholding pattern,my estimated Acceptance Ratio(AR) for this BB for retail category is 40-70%. (5)Fundamentals and performance of company is okay not good not bad. (6)Dividend yeild:-zero I am not SEBI registered. This post is for educational/discussion purposes only and is not a recommendation to buy or sell.Investments in the stock market are subject to market risks. Please do your own research or consult a certified financial advisor before investing.

@ca_onlygain Rolex Rings touched Rs. 137.55 today, while the announced buyback price stands at Rs. 180, resulting in a gap of roughly 30%. Looking forward to your constructive insights.

Some misconception regarding buyback:- (taking example of ongoing BB Zydus) (1)suppose u r holding zydus shares on 29-5-26(Record date) for BB. (2)Today (1-6-26) u sold zydus shares and booked profit but u r still eligible for BB and can purchase zydus shares again anytime if price goes down and tender ur shares in BB(4-6 to 10-6) Not any buy/sell recommendation,only my personal views for education purpose,take decision on the basis of your own analysis and after consulting your financial advisor,Thank you..