BUSINESS
Bajaj Corp Q2 review: Business in transition; wholesale channel weakness key worry
Key thing to watch for the company is volume offtakes from rural areas and consumer response post-relaunch of ADHO.
BUSINESS
China growth slowdown gets worrisome as trade tiff broadens
Consistent positive macro data from the US and Federal Reserve’s hawkish stance has been instrumental in reversal of portfolio flows from China and other emerging markets to the US
BUSINESS
Bhansali Engineering Q2 review: Weaker rupee & input cost weigh; accumulate on dips
The company is already witnessing improved market share. Its planned mega capacity expansion (200,000 tpa in FY21) is expected to bridge the domestic demand and supply gap
BUSINESS
Risk reward turns favourable in these 3 FMCG stocks; should you buy?
Market beta (sensitivity to broader index) of various FMCG stocks are well below one, which means they decline or rise less in times of market wide correction or upsurge phases, respectively
BUSINESS
US earnings review: Performance so far outshines global macro worries
So far, more than 10 percent of S&P 500 companies mostly from the financials, technology, consumption and industrial sectors have reported earnings.
BUSINESS
HUL Q2 review: Competitive intensity softens; a high quality defensive bet
The premium valuation (45 times FY20e earnings) factors in limited earnings volatility, innovation profile and strong execution capability. The recent correction in the stock provides a reasonable entry point to take exposure to a high quality defensive bet.
BUSINESS
SC petcoke verdict removes major hurdle, but uncertainty on capex remains
The court verdict removes a major hurdle for the petcoke value chain catering to the aluminium industry
BUSINESS
US political uncertainty can potentially thaw in fund outflows from emerging markets
Upcoming US midterm election could potentially halt the rally in USD and reverse the flows from US markets to relatively better-placed EMs like India
BUSINESS
Why are global bond yields rising and what it means for emerging markets such as India?
Since the investors seek higher risk premium for the earnings visibility in this scenario, management outlook and operational execution gains prime importance.
BUSINESS
Goa Carbon: Supreme Court hearing on petcoke ban a key risk event
The company is hopeful of a positive outcome from the October 9 hearing in the Supreme Court as the petcoke is used as feedstock in the industry and not as fuel.
BUSINESS
Methanol opportunity as a fuel substitute augurs well for GNFC and Deepak Fertilisers
To implement the roadmap, government targets methanol production of at least 5 million tonne by 2021 which would initially be augmented through existing manufacturers.
BUSINESS
Global trade outlook moderates; re-mapping of supply chain on cards
While demand slowdown is the pivotal factor to track, trade slowdown in the immediate future is also guided by remapping of supply chain.
BUSINESS
Ideas for profit: Gujarat fluorochemicals, Tanfac Ind interesting picks from chemicals pack
In this edition of chemical stock picks from Q1FY19, we highlight a couple of stocks from the fluorochemicals space.
BUSINESS
As Fed's conviction rises over growth, rate hikes, emerging markets could feel more pain
While market remains cautious and trade war has a potential to skew terms of trade for emerging markets, an upward trajectory of fed rate is expected to lead to synchronized interest rate cycle for emerging markets.
BUSINESS
Ideas for profit: Improved prospects for caustic soda players
Improving end-market demand and supply cuts, due to plant closures in China and Europe, have led to a sharp improvement in caustic soda prices
BUSINESS
Ideas for Profit: Do you own these 2 chemical stocks?
Recent Q1 results have highlighted few chemical stock picks which look interesting on account of improving fundamentals
BUSINESS
Phthalic Anhydride players: Removal of anti-dumping duty intensifies competitive landscape; avoid
After taking imports from major Korean importer (Aekyung) into account, one finds that 65 percent of India’s total imports took place without any anti-dumping duty during the period of investigation.
BUSINESS
FMCG major gravitate to healthier beverage space; here’s 4 stocks to look at
Globally, carbonated drink majors are shifting towards healthier drink options after having experienced stagnancy in the carbonated drinks segment
BUSINESS
Ideas for Profit: Shift to value added products to boost earnings growth for dairy cos
While improved margin profile would be moderated by increased competitive intensity, the recent decline in stock prices offer some opportunity to keep an eye on
BUSINESS
Ideas for Profit: Alufluoride rerates on improving demand outlook; accumulate on decline
While the capacity expansion plan has slightly delayed, order pipeline and a potential quick ramp up of utilization makes the prospects for topline growth promising. Operational efficiency measures are another earnings tailwind which investors can keep an eye at.
BUSINESS
Avadh Snacks deal launches Prataap Snacks as a major player in Gujarat; accumulate
Prataap Snacks is acquiring 80 percent stake in Avadh Snacks for Rs 148 crore.
MONEYCONTROL-RESEARCH
Apcotex Ind: Improving earnings for nitrile rubber, latex a key positive; accumulate
Apcotex Industries multi-year expansion plan and operating efficiency measures make it an accumulation candidate
BUSINESS
Himadri and Galaxy: Improving end markets act as catalyst for these chemical stocks
Recovery in another important end market for the chemical industry, Indian FMCG, has aided higher earnings growth for Galaxy surfactants.
BUSINESS
Rain industries: Robust end market prospects remain key catalyst; emerging risks to be watched
Growth in aluminium production in the US (restarts) and Asia remains the key demand driver
