MONEYCONTROL-RESEARCH
ABB India: Revival of private capex key to supporting lofty valuation
High price to earnings and lack of growth in the near term for ABB India leave very little for investors
BUSINESS
NTPC: Attractively valued despite strong earnings visibility
Earnings recovery coupled with attractive valuation to keep the NTPC stock high
BUSINESS
Adani Ports & SEZ: Strong growth trajectory likely to get better
Earnings trajectory remains strong, but investors should lower expectations given the recent spike in share prices and valuation
BUSINESS
Thermax: Recovering, but at a slower pace
High valuation and slow growth in earnings could keep Thermax stock under pressure
BUSINESS
KEC International: Reasonably valued with strong earnings visibility
Strong revenue visibility, pick-up in execution, and contribution from high growth segments augur well for KEC in the medium term
BUSINESS
Brookfield REIT IPO: Aggressive pricing leaves little on the table for the risks offered
Brookfield IPO aggressively priced offering inadequate safety for the visible risks
BUSINESS
Cummins India: Margin of safety shrinks, returns could moderate
The recent run up in share prices led by optimism driven post the budget captures large part of improvemnt in fundamentals
BUSINESS
Push for infrastructure to benefit construction and engineering space
Policy continuity and proper implementation are crucial for the Budget 2021 measures to succeed
BUSINESS
L&T: Recent run-up in share price captures near-term improvement in business and earnings
Recent spike in L&T share prices ahead of a likely recovery leaves little room for appreciation in the medium term
BUSINESS
Strong digital contribution along with pick-up in legacy business boosts RIL bottom line
The key trend-setter remains the telecom business Reliance Jio, with performance driven by the tailwinds of the work from home culture, tariff hikes, traction in digital platform services and strong pick-up in JioGigaFiber services
BUSINESS
Infrastructure and Defence: Expectations from Budget 2021
Under the National Infrastructure Pipeline, the government is aiming at a share of 21 percent from the private sector and another 40 percent from the states
BUSINESS
Bharat Dynamics: Better execution and revenue visibility to support stock
Strong order pipeline and improving execution make Bharat Dynamics a compelling story
BUSINESS
Investors need to be cautious about the hope rally in BEML
BEML offers little scope for appreciation except for the hope and higher expectations fuelled by the stake sale news
BUSINESS
Va Tech Wabag: Back in the reckoning
The stock valuation of Va Tech Wabag is quite attractive, considering the strong revenue visibility and turnaround in the business
BUSINESS
Engineers India buyback to create value for its shareholders
Low valuation and buyback to support EIL stock in the near term
BUSINESS
Shakti Pumps: A bargain bet with turnaround in operations and strong earnings visibility
Although earnings visibility has improved, investors need to be extremely careful and track Shakti Pumps closely
BUSINESS
Antony Waste IPO: A niche play in a growing market
Strong competitive advantage in a growing market makes this IPO from Antony Waste a good long-term play
BUSINESS
KEI Industries: Focus on high growth profitable segments to drive profitability
Swift recovery in earnings a good indication of KEI Industries stock getting rerated
BUSINESS
Adani Ports & SEZ: Krishnapatnam Port to create value for shareholders
The Krishnapatnam Port acquisition is fairly large and will have a significant impact on Adani Ports' volumes and earnings
BUSINESS
Mazagon Dock Shipbuilders: Quality at attractive price
BUSINESS
ABB India: More pain in store
While ABB has recovered to the level of Rs 894 a share now, it is still one of the most costly stocks in the engineering space
BUSINESS
More pain in store for L&T
L&T will witness pressure on profitability both in core and non-core businesses such as IT and financial services
BUSINESS
KEI Industries offers value
Powered by a good performance in its electric cable business, KEI Industries has been able to limit the adverse impact of the Covid-19 pandemic
BUSINESS
Engineers India: Strong order book to support growth
The management expects project execution will pick up from the second and third quarter of the current fiscal
