BUSINESS
Cochin Shipyard OFS: Is it worth a look?
With an order book nearing Rs 22,000 crore, which is more than five times its annual revenue, the company is well-positioned for a sustained growth.
BUSINESS
KEC International: Prospects look better in the second half
Order book is strong and the T&D segment is likely to show a decent recovery
BUSINESS
NTPC: IPO for renewables business to unlock value in coming months
A combination of strong growth, backed by a robust pipeline of projects, and relatively higher return ratios mean better value unlocking
BUSINESS
RITES: Muted business outlook, high valuation can limit returns
A change in revenue mix, fall in exports, and low margins from the consultancy business are areas of concern
BUSINESS
KRN Heat Exchanger IPO: A long-term play on the domestic growth push
The money raised through the fresh issue will be deployed to set up a greenfield facility
BUSINESS
Bharat Electronics: Should you invest? The case remains compelling
Strong earnings visibility and a robust order pipeline augur well for the company
BUSINESS
Arkade Developers IPO: Is this real estate play worth your eyeballs?
The company has land and funds (IPO money) to work with, providing good visibility. Through internal accruals and IPO money, it will acquire additional land, which would help sustain growth
BUSINESS
Indian Energy Exchange: Does it still keep its halo for your portfolio?
Higher demand for electricity, product diversification, and favourable regulations augur well for the exchange
BUSINESS
Gala Precision Engineering IPO: Is this precision parts maker worth your attention?
The company’s balance sheet is strong and the valuation looks attractive
BUSINESS
Power Grid: Strong project pipeline, likely execution pick-up to drive stock higher
While the stock has performed quite well in the recent past, it is still a good candidate to ride the growth in domestic capex.
BUSINESS
Bharat Dynamics: Does the correction signal a buying opportunity?
With a strong focus on innovation and quality, BDL is a symbol of India's defence capabilities
BUSINESS
Defence Shipbuilders: Strong visibility, execution to support higher valuation
The orders in hand and improving execution should help these companies deliver superior growth in the coming years
BUSINESS
KEC International: Expect recovery in the second half of current fiscal
The management remains optimistic about the strong growth prospects in cables, railways, and civil engineering segments, supported by a positive demand outlook in the domestic and international markets
BUSINESS
Engineers India: Slow execution, high valuations big hurdles in the near term
New orders in the hydrocarbon space and expectations of larger PSU projects should augur well for the company
BUSINESS
Va Tech Wabag: Strong earnings visibility, order pipeline to support stock
Execution, strong orders, and the focus on industrial projects are likely growth drivers
BUSINESS
Cummins India: Domestic market to drive growth as exports continue to be challenging
With a higher budgetary allocation for the infrastructure sector and recovery in the domestic industrial sector, demand from user industries is expected to be strong
BUSINESS
Tata Power is entering a growth phase
The company’s strong project pipeline is likely to support growth
BUSINESS
Thermax: Stock running ahead of its earnings growth
The company will have to wait a little for its new initiatives to yield results
BUSINESS
Weekly Tactical Pick: Why this defence stock is still looking good
BEL is one of the few stocks that can provide stability and growth. It still offers a 1.5% dividend yield, compared to the private-sector peers in the defence space that are trading at much higher valuations.
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
ideaForge Technology: Stock re-rating hinges on sustainable and predictable earnings
A strong pipeline of orders and a big scope for exports make the management confident about the future though the first quarter saw a dip in performance
BUSINESS
NTPC: A dividend-yield stock now getting re-rated for growth
The company’s profitability is improving and it has a healthy project pipeline that can support increasing power demand
BUSINESS
JSW Energy: Valuation factors in the expected growth
The company is energised by operational efficiency, buoyancy in power demand and prices, and addition of new capacities.
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
