BUSINESS
Metro Brands: Is it a worthy bet for the long term?
MBL’s earnings growth (over FY20-23) as well as valuations (based on FY23 projections) are at about 20 percent premium to Bata and discount to Relaxo, respectively
BUSINESS
Jubilant FoodWorks: Get ready for a bigger bite
Among quick-service restaurant players, Jubilant FoodWorks would be relatively less affected by the current third wave of COVID-19, thanks to the higher share of the delivery business
BUSINESS
Avenue Supermarts (D-Mart): Results on a roll, future looks rosy
D-Mart has maintained decent store expansion even during the difficult times of COVID-19. This, coupled with the low penetration of the organised players in the grocery industry, indicates a huge runway for growth.
BUSINESS
Sumitomo Chemical India: MNC by its side, does this agrochemical firm make the cut?
While the valuation of Sumitomo Chemical India is at a premium, we expect it to sustain, given the strong MNC parentage, robust export opportunities and a strong balance sheet
BUSINESS
Construction sector: Ample room for growth, key stocks in focus
We advise investors to stick to our high-conviction ideas, given their strong execution record and healthy balance sheet , which would enable them to take full advantage of the huge spend in infrastructure
BUSINESS
Aditya Birla Fashion and Retail Q2 does it in style, prospects take on shine
Going forward, store expansion for the core business as well as the scaling up of new businesses, such as innerwear and ethnic wear, will be the key growth drivers for Aditya Birla Fashion
BUSINESS
Value innerwear players: Poised for steady growth
Value innerwear segment is likely to outperform in the event of a possible third wave of COVID-19 given the essential nature of the demand.
BUSINESS
Lemon Tree Hotels: Can the stock re-rate further?
With the increasing sense of normalcy and with corporate and trade demand expected to resume in a big way, LMNT expects to touch pre-COVID levels by H1FY23
BUSINESS
Sapphire Foods IPO: Will it deliver a profitable meal to investors?
Sapphire Foods is focussing on improving profitability and eyes benefits of scale as it ramps up operations. Valuations are at a discount to comparable listed QSR players
BUSINESS
Devyani International: Add taste to your portfolio
Company has significantly strengthened its balance sheet through debt reduction, post the IPO in August 2021, and it is on track for a strong store expansion, going ahead.
BUSINESS
For Sumitomo Chemicals India, speciality is the trump card
The key near-term trigger for Sumitomo Chemical is the manufacturing of technical grade active ingredients for its parent company
BUSINESS
HG Infra Engineering lays the groundwork for higher growth
Pick-up in execution, healthy order book and diversification into new areas would continue to drive growth as well as valuation multiples
BUSINESS
Sharda Cropchem: Likely to outperform in the agrochemical space
Healthy product registration pipeline provides medium-term growth visibility while increasing focus on biocides would be a key trigger to watch.
BUSINESS
Macrotech Developers: Long-term story is still in place
This is probably one of the few companies in the real estate space that has the capabilities and the management who can leverage the growth and create value in the long run
BUSINESS
Dhanuka Agritech: Looking beyond rains for future investment
The upcoming Dahej plant would cut down raw material costs and open export avenues for Dhanuka Agritech
BUSINESS
Construction sector: Do companies have better growth prospects in FY22?
With much better execution in June 2021 quarter, labour availability and project execution reaching pre-COVID levels, we expect better earnings growth for construction companies in FY22
BUSINESS
Burger King India: Will the proposed acquisition create shareholder value?
Burger King's Indonesian acquisition is at attractive valuations and likely to add shareholder value, besides fast tracking its growth prospects
BUSINESS
Thangamayil Jewellery poised to take on more shine
TMJL has been enhancing its product portfolio, with a focus on high margin value-added jewellery items
BUSINESS
Trent: Can this differentiated brand retailer be back on strong growth path?
Trent’s store expansion strategy in the apparel space is fast, and this would pave the way for an industry-leading growth
BUSINESS
Goldiam International: Best ever results; bright outlook
Goldiam’s strategy of increasing online sales and foray into lab-grown diamonds have led to a strong improvement in the financial performance and would continue to drive the financials, going ahead
BUSINESS
Indian Hotels: Is it the best stock to play the recovery theme?
With the unlocking measures, IHCL witnessed a significant recovery on a month-on-month (MoM) basis, both in July as well as early August
BUSINESS
Avenue Supermarts: Will the strong earnings growth cycle resume from this fiscal?
With fast normalisation of economic activities, we expect resumption of strong earnings growth cycle for D-Mart from FY22
BUSINESS
Get, set and go: Is Bata India ready for the growth sprint?
With the pace of vaccination rising, we expect significant improvement in mobility from H2 and a very strong comeback in footwear demand. Bata India stands to gain
BUSINESS
Value innerwear stitches up a solid investment story. This is how
Innerwear demand being need based is unlikely to see any material impact for Dollar and Rupa on account of second wave of COVID-19
