BUSINESS
Ideas for Profit | Food colours Q2 review: Improved capex visibility augurs well; accumulate
While Vidhi Specialty had undergone debottlenecking of existing plant capacity in 2018, Dynemic Products received environmental clearance for new capacity in the quarter gone by
BUSINESS
Ideas for profit | Tata Global Beverages: Improving branded business share a key positive; accumulate
Domestic tea portfolio grew by 9 percent in volume terms but on account of competitive intensity value grew by 7 percent only. However, sequentially, there was a marginal market share gain in value terms. Noteworthy category was Green tea, wherein 14 percent volume growth helped in market share gain.
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
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
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
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
Ideas for Profit: Bodal, Vidhi Speciality set to reap favourable supply-demand dynamics
While both companies are key beneficiaries of environmental compliance and favourable supply-demand dynamics in their respective segments of dyes and colour industry, their focus on vertical integration and capacity expansion provides impetus to earnings growth.
BUSINESS
Recent FMCG results marked by volume recovery, should you buy?
Dabur’s exceptionally better earnings was due to a recovery in the beverage segment while Emami’s performance came in below our expectation as its summer portfolio lacked shine on account of a weak season
BUSINESS
ITC Q1 review: Stabilising legacy business, new growth levers to aid re-rating
Recently few of its businesses have witnessed encouraging growth traction –volume growth in FMCG business, growth outlook in hotel business and paper business and now stabilization in cigarettes.
BUSINESS
Ideas for Profit: Strong growth recovery unfolds in HUL; competitive intensity key
HUL with its high rural exposure (40 percent of sales) and well entrenched distribution network, is amongst the key beneficiaries of further uptick in consumption and related policy announcements, in our view.
BUSINESS
Astral Poly Technik’s Rex Polyextrusion buy a positive, accumulate on dips
The deal gives the company a head start in the high growth and relatively less crowded plastic piping segment
BUSINESS
Graphite electrodes supply-demand dynamics: Let’s do the math again
Graphite India is expected to continue to ride the strong cash flow cycle in the medium term
BUSINESS
Prataap Snacks: Munch on this long-term growth story
Over the period, key concerns - higher logistics costs and increasing geographical reach - have been partially addressed due to decentralised production through contract manufacturing
BUSINESS
Fine Organic Industries IPO: Subscribe for the long term
Incorporated in 2002, Fine Organic Industries is the largest manufacturer of oleo-chemical based additives in India.
BUSINESS
Ideas for profit: Improved growth makes these 2 aromatic chemical cos compelling bets
Seya’s capacity expansion of 4 lakh tonne (Rs 735 crore) is expected to get commissioned in H2 FY20.
BUSINESS
Capacity expansion, contract renewal cycle could trigger re-rating for Alufluoride
New capacity of about 4500 MT would be operational in Q1FY19, taking the Aluflouride's overall capacity to 12,000 MT.
BUSINESS
Seya Industries: Specialty chemical major in making
Company’s earnings trajectory, range of products offered and the chemical reaction capabilities highlight the increasing non-commoditised nature of the business.
BUSINESS
Prataap Snacks Q2: Solid bottom-line show, but competition needs to be watched
Intense competition in the snacks industry, elevated valuation and the vagaries of the raw material costs make us wary about listed entities in this space.
BUSINESS
Bodal Chemicals: Weak quarter but correction provides an opportunity
Current phase of consolidation and post result correction provides an opportunity, as vertically integrated Bodal Chemicals is well placed for the growth opportunity in the sector.
