BUSINESS
Lemon Tree Hotels: Results beat estimates, quality stock to play industry upcycle
H2, being a seasonally strong quarter, would see a further uptick in demand. LMNT is witnessing strong gains in room rates (both corporate as well as retail) and favourable demand-supply dynamics would further strengthen pricing.
BUSINESS
Keystone Realtors IPO: A play on growth and quality
The company is a perfect blend of growth and quality which should help deliver good returns over the next few years
BUSINESS
Indian Hotels Company: Lower than expected results; outlook strong
IHCL, with a presence across segments, viz., luxury, semi-luxury, premium as well as economy, is the primary beneficiary of the upcycle in the hotel industry, which has just started to unfold.
BUSINESS
Jubilant Foodworks: Steady earnings growth to continue
We expect Jubilant Foodworks to deliver steady earnings growth led by robust store expansion in Domino's core brand and introduction of new products with focus on regional tastes
BUSINESS
Titan Company: Will the stock continue to shine?
Titan has stellar growth prospects in the jewellery segment, while the ramp-up of non-jewellery business will aid in maintaining robust growth momentum.
BUSINESS
Relaxo Footwear: Near-term weakness to persist
Earnings pressure is expected to sustain in the next two quarters, led by price cuts in the chappal category, liquidation of high-cost inventory and the longer duration to reflect the recent raw material price correction
BUSINESS
Bikaji Foods International IPO: Perfect taste for long-term investment
Bikaji Foods International is poised for an industry-leading growth, supported by increased capacity utilisation, higher distribution reach and huge scope for gains from the unorganised segment, in the next few years
BUSINESS
Larsen & Toubro: Second half could be even better; stock has more fuel to climb
With soft commodity prices, L&T earnings set to get better over the next few quarters
BUSINESS
Sumitomo Chemical India: Look beyond the glyphosate usage notification
Overall, SCIL has a strong growth potential owing to the healthy launches in the domestic market
BUSINESS
Sharda Cropchem: Why are we cautious on the stock despite a steep correction?
Given the currency trend, we expect margin pressure to sustain in the near term and have reduced our margin assumptions for FY23
BUSINESS
Metro Brands Ltd: Strong results, recent acquisition to add value
MBL has strong financial discipline and earnings growth trajectory. While recent acquisition of Cravatex Brands may impact financials in near term, it is expecetd to create value for MBL in the long run.
BUSINESS
RIL Q2: Retail, telecom shine, offset weakness in legacy business
With focus on financial services which can be offered in combination with digital services and retail, RIL is set to become a powerhouse in consumer businesses
BUSINESS
Rallis India: Will the stock rally in the long run?
BUSINESS
Thangamayil Jewellery: Weak results, but strong long-term growth prospects
Margins in H1FY23 are at historical lows and we expect improvement from the current levels. We expect healthy earnings growth hereon for TMJL
BUSINESS
Avenue Supermarts (D-Mart): Strong operating show with earnings visibility
D-Mart’s performance would improve as footfalls pick up (currently below pre-COVID levels) and inflationary pressures recede
BUSINESS
Campus Activewear: A sporty fit for your portfolio
Campus Activewear Limited is likely to deliver one of the fastest earnings growth stories, and has the highest return ratios in the listed footwear space
BUSINESS
Titan Company: Show set to take on more shine
Titan Company posted strong 18 percent topline growth in September 2022 quarter on a high base of the corresponding quarter last year led by strong consumer demand.
BUSINESS
Electronics Mart India: Will this consumer electronics IPO be a hit?
The scope for market share gains by organised players, rapid store expansion to be funded by IPO proceeds as well as the attractive valuation make us positive on this public issue
BUSINESS
Aditya Birla Fashion & Retail: This apparel player has huge re-rating potential
While ABFRL continues to build its core Lifestyle brands and Pantaloons business, the new segments of innerwear, ethnic as well as sportswear (through Reebok India) hold a lot of promise and provide the next growth leg
BUSINESS
Discovery Series | Royal Orchid Hotels: Will the stock fly to new highs?
A strong balance sheet owing to an asset-light approach makes the company well poised to reap the benefits of a demand surge. Also, attractive valuations provide potential for significant re-rating from current levels.
BUSINESS
Trent: Results take deep strides, huge growth highway ahead
Varied product offerings, rapid store expansion, and a strong brand pull will help the company expand customer base
BUSINESS
Discovery Series | Speciality Restaurants: Making a profitable recipe
With cost-control measures in place, SRL turned profitable last fiscal after a gap of six years. We expect profitability improvement, a key re-rating trigger, to sustain. Valuations provide scope for re-rating from the current levels.
BUSINESS
Reliance Retail: What does its aggressive expansion plan hold for the sector?
RRL’s aggressive expansion is unlikely to have major impact on listed players in many categories in the retail space. Some categories (apparel and footwear) may see impact but only in the long run. We continue to remain positive on the retail sector
BUSINESS
Restaurant Brands Asia: To emerge as a much stronger QSR player
RBA is on track for a strong restaurant (store) expansion in the India business
