BUSINESS
Union Budget FY19-20: Infrastructure ignored or overlooked?
BUSINESS
Vedanta: Corporate governance concerns overshadows Q3 earnings
Vedanta's near term outlook may be clouded due to questionable use of cash and subdued global macro outlook
BUSINESS
JSW Energy: Back in power
The stock is currently trading at 14 times its FY19 estimated earnings, which is quite reasonable in the light of cash on its books, moderate financial leverage and strong expected earnings growth.
BUSINESS
KEC International Q3 review: Time to tone down growth expectations
The next two quarters will be crucial as execution may remain muted with private clients facing issues pertaining to credit flow leading to slower execution.
BUSINESS
Here's why Mohnish Pabrai is betting on Rain Industries stock for next 5-10 years
Rain is a global player in its segment, supplying to some of the world's biggest aluminium producers like Rio Tinto and the US-based Alcoa.
BUSINESS
Quick Take | L&T Q3FY19: Strong show eases Street concerns on growth, margin
Net profit for Q3 grew 37 percent YoY to Rs 2,042 crore, much higher than the Street estimates of 18-20 percent growth.
BUSINESS
Quick Take | With buyback no longer an option, how will L&T rectify capital allocation?
L&T had 81 subsidiaries in 2008 that swelled up to 123 by the end of FY17. This has been a major investor apprehension particularly in the light of a majority of them making losses
BUSINESS
Ahluwalia Contracts: Building a multi-year story
MONEYCONTROL-RESEARCH
Why PSU stocks fail to deliver despite all apparent pluses
Total returns from 44 listed non-bank PSU stocks were a mere 3 percent annual growth over the last five years. While the metrics may seem attractive, the returns call for caution.
BUSINESS
Tata Sponge Q3 Review: Cost pressures hurt earning; Usha Martin integration key factor to watch
The company faces twin pressures of falling steel prices and higher raw material costs on its profitability.
BUSINESS
Hindustan Aeronautics: Why returning cash to shareholders could be a better strategy
BUSINESS
Quick Take | Exit from South East Asia could prove value accretive for Tata Steel
The funds and assets deployed in the South East Asia operation can also be used for more productive assets.
BUSINESS
Margin of safety works, IPOs (often) don’t: Key investing lessons from 2018
The concept of margin of safety, articulated by the father of value investing Benjamin Graham, has not lost its relevance even after 90 years of being first proposed.
BUSINESS
Shanthi Gears: Buyback to drive earnings and improve capital efficiency
Shanthi Gears, a leading supplier of industrial gears, is going through a difficult period as a result of low demand.
BUSINESS
Apollo Pipes: A favoured small cap of Dalal Street’s smart investors
The company is doubling its capacity from 53,000 tonnes to 100,000 by the end of FY20.
BUSINESS
Quick take|Indian steel — on shaky ground
Steel companies face the heat as buoyant Chinese production puts pressure on steel prices
BUSINESS
Here’s how ABB’s global exit from power grid business will benefit Indian investors
BUSINESS
Datamatics Global Services: Will investors make money out of this demerger story?
Separate listing of Lumina Datamatics could still offer about 18% gain for shareholders
MONEYCONTROL-RESEARCH
Quick Take | Release of pledged promoter shares in Sterlite Technologies could ease investor worry
The other key development that helped build positive sentiment was the news that the telecom regulator is preparing the ground for the rollout of 5G technologies by August 2019.
BUSINESS
Vedanta: Copper smelter restart could boost valuations
Since the crisis erupted in May this year, nearly Rs 30,000 crore of its market capitalisation had been wiped out.
BUSINESS
Indian Energy Exchange: Buyback is likely to be value accretive for shareholders
Our calculations suggest that at the current market price, even if the company is able to utilise 50 percent of cash on its books, it would be in a position to buy back close to 4.5 percent of its paid-up equity.
BUSINESS
India’s risk premium increases, that’s bad news for equities
India's equity risk premium has gone up from 2.9 percent in November this year to 3.4 percent in the first week of December
BUSINESS
Indian Energy Exchange: Trading with higher volumes
Directionally, with the improvement in the transmission infrastructure, evacuation facilities and growth in power demand, exchanges would have a higher share. And IEX which has a market share of close to 97 percent would be one big beneficiary of this growth.
BUSINESS
IRCON International: An attractive bet
