BUSINESS
NCC Limited: Strong outlook but stretched valuations
The company stands to benefit immensely from the revival of the Amaravati city project. It is also projecting a strong order inflow for FY2025, and has a robust and a well-diversified order book.
BUSINESS
FirstCry: Should investors subscribe to this IPO?
Long-term outlook is promising, given its strong brand, niche positioning, robust execution capabilities, and the potential for margin improvement.
BUSINESS
Titan Company: Near-term margin hit; glowing long-term prospects
Organised jewellery players have huge headroom for growth, helped by the duty cut and favourable regulatory measures
BUSINESS
Ceigall India: Should you subscribe to this construction company IPO?
With specialisation in structure development, the company is qualified to bid for large-ticket projects. It would be a beneficiary of the government’s infrastructure push.
BUSINESS
Thangamayil Jewellery Ltd: Near-term margin impact; shiny outlook for the long term
While there would be a temporary hit on margins, the reduction in customs duty on gold imports to 6 percent, from 15 percent earlier, is a long-term positive for the organised jewellery industry.
BUSINESS
Larsen and Toubro: Expect better recovery, aided by higher execution, order inflows
Higher public capex allocation in the domestic market and a rebound in the international market are the expected growth levers
BUSINESS
Limited sops from the Budget for consumption with no direct rural benefit
The expected growth in GDP is the likely saviour for consumption stocks.
BUSINESS
Infrastructure to continue its growth momentum as Budget 2024 retains focus on capex
Strong capital outlay for the infrastructure sector should provide enough revenue visibility particularly in the light of slowdown in the first three months of the current fiscal
BUSINESS
Budget's duty reduction on leather imports to boost demand
Footwear prices should come down by 5 percent following the Budget move
BUSINESS
Why this infrastructure stock is a big beneficiary of Union Budget 2024
The central government commits funds to develop the eastern region with focus on Andhra and Bihar
BUSINESS
Duty cut in Union Budget 2024 to add glitter to demand for gold, silver
The benefit to jewellery buyers should be to the tune of 6 percent
BUSINESS
Indian Hotels Company: Temporary blip in Q1 FY25; long-term story intact
IHCL, with a strong brand and parentage, diverse offerings and a strong balance sheet, is among the best stocks to play the industry up-cycle.
BUSINESS
Reliance Industries Q1: Positive results, favourable outlook
RIL’s leadership in retail, oil and telecom will drive sustainable cash flows whereas investment in renewables and clean energy make it an attractive bet on the transformation of the energy sector
BUSINESS
What can Union Budget 2024 do to sustain the dream run in infrastructure sector?
Budget 2024-25: Railways, Defence and Highways are expected to remain the key focus areas of capital spending. These three sectors together are expected to contribute about 63 percent to the overall budgetary spend
BUSINESS
D-Mart: Margin miss in Q1; valuations expensive
Given the nature of the operating costs (improving the consumer experience and future capability), they are likely to continue rising in the near to medium term, which would restrict margin improvement
BUSINESS
KNR Constructions: New order wins to drive re-rating
The company has guided to order inflows of about Rs 6,000 crore this fiscal
BUSINESS
Titan Company: Q1 misses estimates; long-term story intact
The key jewellery business put up a muted performance on higher gold prices and other factors
BUSINESS
Goldiam International: This jewellery player has shining growth prospects
GIL is aiming to become the largest lab-grown diamond jewellery brand in India and this remains a key re-rating trigger
BUSINESS
Cantabil Retail India: Improving outlook, expected budgetary sops to boost growth
Demand improvement, network expansion, and bigger online presence augur well for the retailer’s stock
BUSINESS
Sky Gold: Shining performance to continue
SGL continues to gain market share, driven by the industry shift towards the organised segment, increasing wallet share of existing customers as well as by tapping new customers
BUSINESS
Thangamayil Jewellery: Why this stock will continue to shine
Network expansion, normal monsoon, possible budget sops could add glitter to the company’s performance
BUSINESS
Lemon Tree Hotels: Why this hotel stock is poised for re-rating
The debt levels have peaked and with limited capex, we expect the debt-equity ratio to improve. The listing of asset-heavy subsidiary Fluer Hotels remains a key trigger for substantial debt reduction and re-rating.
BUSINESS
Mrs Bectors Food Specialities: To continue outperforming industry
Capacity expansion as well as enhancing distribution reach would lead to sustained market share gains
BUSINESS
What construction players to pick as infrastructure projects revive in Andhra?
The revival of the Amaravati capital city development plan in Andhra Pradesh and the expected core push across the country should boost construction stocks
