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GHCL

This is the stock I enter when I find a cheap valuation and the only company I understand because I had done internships in the chemical industry as a process engineer(circle of competence matter). GHCL has two main businesses: textiles and other basic chemicals(understanding business matters). Frankly, I didn't know that I will make that type of return within one and half years(process mattes). so what I learn is that your multibagger stock is your wonderful journey which I enjoyed with GHCL. people always want that type of return with magic, even if magic happens to you one time there is no guarantee that it will last in the future. let's understand some triggers behind this stock. 

       Now you can find me a genius but I seriously have odds in favor with some hard work. As Nassim Nicolas telab says fooled by randomness. there is always a process behind the purchase of the stock but I didn't. I purchased it because I found it cheap and some CAPEX happening there. The first trigger happened when found that there is more demand for soda ash because of green energy. solar power is a great source of green energy. soda ash is the main raw material behind making solar glass. The second trigger is their textile business. The US has banned all cotton imports from china which is a big trigger for the textile industry. whatever we wear is made of cotton which is naturally available and second, we can produce artificially from crude oil, almost $268B market for Cotton which us import from china. the third trigger is special situations where they are doing a demerger of their textile and soda ash business to unlock value. (when one business has more margin and another has less than market won't give to more valuation but when you demerge then value unlock). 

      Overall, there is nothing special but process matters. nobody knows this stock gives me that type of returns overtimes, if we imagine that the push of green energy and us cotton ban didn’t happen then I had never averaged this stock on the higher side and made more money

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