BUSINESS
Indian Hotels Company Limited: Key beneficiary of demand surge
The demand rebound has been pretty strong, with IHCL seeing significant growth over the pre-COVID levels in March. Demand trends as well as bookings are strong for April as well as May
BUSINESS
Campus Activewear: Can the IPO give a ‘sporty’ look to your portfolio?
Campus Activewear's profitability is comparable to listed industry players. However, return ratios and growth prospects are better. Valuations at a discount to listed players offer a decent opportunity
BUSINESS
Rallis India | Weak results; margin pressures to sustain
In Q4FY22, Rallis revenues grew by 8 percent year-on-year. Revenue growth was price-led. Revenues in the domestic crop care segment grew by more than 25 percent
BUSINESS
Dodla Dairy: This quality play poised to make a bigger splash
DDL is among the few companies in the listed dairy space with a proven track record, strong balance sheet and return ratios, and strong management quality and qualifies to be one of the stocks to own
BUSINESS
Titan Company: Q4 dims, but outlook takes on shine
We believe Q4FY22 for Titan is a temporary blip. Consumer sentiment is likely to bounce back strongly, and with the expected normalcy, post two years of COVID-19, we expect demand to be strong
BUSINESS
EIH: Will the stock retain its upmove?
EIH, with its strong brand image and positioning, in both luxury stays as well as business events, is seen as the key beneficiary of the expected industry upcycle
BUSINESS
PNC Infratech: Quality construction play with attractive valuations
After a lull in the new order wins in the past 4-5 months, PNC recently won a spate of new road projects. And this has put some shine on revenue visibility
BUSINESS
Relaxo Footwears: Can it get back spring in the step?
Relaxo Footwears' recent capacity expansion announcement shows that long-term opportunity continues to remain robust as it looks to enter untapped markets
BUSINESS
Discovery Series | TCNS Clothing Company ready for the growth canvas
With business conditions normalising, TCNS is rapidly scaling up its network to strengthen its presence in the women’s ethnic category, the largest in the women’s apparel space
BUSINESS
KNR Constructions: Infrastructure growth points to better times
A high-quality stock, KNR Constructions is set to be a key beneficiary of the government’s focus on infrastructure
BUSINESS
HG Infra and Engineering: Is it poised for a re-rating?
HG’s diversification into newer segments would reduce concentration risk and enable re-rating.
BUSINESS
Thangamayil Jewellery: Soft quarter, but long-term prospects in fine shape
Demand improvement in the ongoing quarter, and the expected normal monsoon as well as the resumption of the recent uptrend in gold prices augur well for TMJL
BUSINESS
PI Industries: Diversification away from agrochemicals takes root
Apart from the traditional agrochem business, PIND is getting enquiries for non-agrochem molecules that provide good growth opportunity
BUSINESS
What are the bets to look at in the domestic agrochemical space?
Agrochemical companies such as Sumitomo, Dhanuka and Rallis have, of late, been impacted by a surge in raw material cost, along with the challenge of securing supply. The commentary from FMCG players about subdued rural demand has also not helped
BUSINESS
Devyani International: On track for faster earnings growth
Pizza Hut franchisee DIL is on course to open 200-250 stores every year over the next 2-3 years
BUSINESS
Lemon Tree Hotels set to emerge stronger, post COVID-19
Demand-supply dynamics in the hotel industry is expected to remain favourable over the next 2-3 years, benefiting bigger, branded players like Lemon Tree
BUSINESS
Value innerwear: Will these stocks continue to do well?
Healthy double-digit volume growth will continue as Dollar Industries and Rupa tap new segments and enhance their product range. Both aim to sustain margins that would maintain earnings growth momentum
BUSINESS
Trent: Outstanding results; huge growth runway
Rapid store expansion, particularly the value format of Zudio, will drive the growth momentum for Trent in the next fiscal
BUSINESS
Goldiam International: Healthy growth prospects
The expansion of the e-commerce segment and the lab-grown business is likely to help sustain growth for Goldiam
BUSINESS
Sapphire Foods India: Performance improvement to continue to drive re-rating
SFIL has aggressive store expansion plans and can scale up margins significantly as borne out by its Q3. This is seen as a key re-rating trigger
BUSINESS
Page Industries: Multiple growth levers
Page is confident of reaching its $1-billion revenue target by FY26, ahead of schedule, which implies about 18 percent growth over 3-4 years
BUSINESS
Nykaa: Profitability focus can moderate growth; valuations expensive
Nykaa is keen to adopt a balanced approach, implying that the top-line growth can moderate if it chooses to improve profitability
BUSINESS
Jubilant FoodWorks: Correction an opportunity for investors
JFL is expanding the core Dominos business with focus on reducing the delivery time. Also, JFL would significantly scale up Hong's Kitchen, Ekdum as well as Popeyes chicken business in India
BUSINESS
Aditya Birla Fashion and Retail: Preparing for the next leg of growth
ABFRL will scale up new businesses, such as innerwear, ethnic and sportwear. This would be the key growth contributors and would form a significant chunk of business over the next 4-5 years
