Bharat Gianani

BUSINESS

Indian Hotels Company: Well positioned to ride the industry upcycle

The hotel industry would be in an upcycle over the next few years. IHCL, with presence across segments and a strong room addition pipeline, would be one of the largest beneficiaries of the demand uptrend.

BUSINESS

Trent Limited: Weak results but strong long-term growth prospects

Trent is poised to deliver industry- leading revenue growth led by rapid store expansion across its lifestyle concepts. The launch of Samoh brand in the ethnic space provides another big growth lever.

BUSINESS

Reliance Industries puts up a strong show across new-age businesses

There’s scope for re-rating as the conglomerate’s current valuation implies near-zero value for the new energy business and little upside from the growing consumer business

BUSINESS

Sapphire Foods India: Better store sales growth adds to re-rating prospects

We remain bullish on the long-term growth prospects of the company, given the relative under-penetration of both the brands (KFC and Pizza Hut) in India.

BUSINESS

Discovery Series: Cantabil Retail India -- Right fit for your portfolio

CRIL is poised to deliver robust earnings growth and is trading at attractive valuations, making it a good investment bet.

BUSINESS

Speciality Restaurants: Geared up for the next level of growth

The funds raised would be utilised for expanding business, like opening restaurants as well as renovating existing restaurants. SRL plans to strengthen its leadership position in the Asian Food space.

BUSINESS

Titan Company Limited: Yet another shining performance

We remain bullish on the growth prospects of the jewellery business, given the huge opportunity from the mandatory hallmarking regulations which require sale of high-purity gold jewellery and certification. The growth in non-jewellery businesses would provide an additional growth lever

BUSINESS

Royal Orchid Hotels: What does the SEBI’s order mean for the stock?

ROHL seems to have a fit and proper case and it is likely to file its reply. The ROHL stock could witness a re-rating, once the issue is resolved and we retain our positive stance on the stock

BUSINESS

Devyani International: Should you take a bite of this QSR stock?

DIL has huge growth potential in KFC (chicken products are under-penetrated in the Indian quick service restaurant market) and Pizza Hut (current average store sales are almost half of the market leader Domino’s)

BUSINESS

KNR Constructions: On a growth highway

The recent win of the third road project order as well as a healthy order book position provide decent growth visibility and the management expects robust double-digit growth in the next fiscal

BUSINESS

Page Industries: A comforting proposition after steep correction?

We believe that the volume pressure scenario being witnessed currently is temporary and expect volume growth to emerge from the next fiscal

BUSINESS

EIH: Does this hospitality player offer you more room to run?

While demand from domestic tourists is strong, led by both leisure and corporate segments, foreign tourist arrival, which forms key component for EIH, is still below pre-pandemic levels

BUSINESS

NCC Limited: Well placed to tap diverse infrastructure development opportunities

NCC, which primarily undertakes government projects and has a well-diversified presence across sub-segments would be the key beneficiary of the strong government capital spend on infrastructure.

BUSINESS

Royal Orchid Hotels: Will this stock be a preferred destination for investors?

ROHL has a healthy room addition pipeline to tap the strong demand traction. The signing of hotels under the revenue-sharing model will be an incremental growth driver for the company.

BUSINESS

Trent: Can this apparel player continue to stay ahead of the curve?

Trent has a huge runway for growth and the company is expanding reach with vigour and reinforcing its lifestyle offerings across concepts, categories as well as channels

BUSINESS

PNC Infratech: Execution moderates in Q3; elevated infra budget brightens outlook

Given the strong order inflows (owing to higher capital expenditure by the government) and healthy order book, PNC has guided to a robust 15 percent revenue growth in the next fiscal

BUSINESS

Campus Activewear Ltd: Look beyond near-term demand headwinds

We are bullish on the long-term growth prospects of the sports and athleisure (S&A) footwear industry. CAL, with its sweet price positioning (significant discount to MNC players), would be the preferred choice for the Indian consumers.

BUSINESS

Lemon Tree Hotels: Should you check into this hotel stock?

In FY24, LMNT will focus on enhancing occupancies as the demand momentum is likely to sustain. The company expects strong growth in the next fiscal as well, given the upswing in the hotel industry.

BUSINESS

HG Infra Engineering, our preferred pick in the infra space. This is why

With a track record of strong project execution and financial prudence, the company is well poised to gain from the huge infrastructure opportunity that lies ahead

BUSINESS

Mrs Bectors Food Specialities: Stellar earnings, huge growth runway

While MBFSL has a relatively strong presence in the northern market, it has a huge potential to grow in other areas by establishing manufacturing footprint as well as appointing new distributors

BUSINESS

Aditya Birla Fashion and Retail: The wait for a higher profitable journey continues

While ABFRL is on path for a healthy top-line growth, led by both existing as well as new businesses, profitability improvement is likely to take time and may not happen before FY25

BUSINESS

Titan Company: Marginal miss in margin, long-term story intact

Jewellery demand remains strong and Titan is successful in acquiring new consumers on the back of strong brand image, new collections, higher marketing expenses, and network expansion in new regions

BUSINESS

Budget 2023 — Infrastructure firing on all cylinders

The increase in capex will increase the revenue visibility and valuations of companies operating in this core area