BUSINESS
JNK India IPO: A strong bet on the domestic manufacturing push
Strong order book provides good revenue visibility and valuation looks reasonable
BUSINESS
Va Tech Wabag: The stock makes new high, but more to come as prospects improve
While the company’s initial focus was on international markets, it is now seeing big opportunities in the domestic market, thanks to govt and private capex.
BUSINESS
Defence Engineering quartet: Execution does not match up with expectations
Defence PSUs are notorious for delayed or slow execution, but revenue visibility will support stock prices
BUSINESS
PGCIL: Why it's a good bet in today's market
The company offers revenue visibility and a reasonable amount of earnings certainty
BUSINESS
Bharat Electronics: Better revenue visibility, strong earnings potential to drive stock return
Focus on localisation and import substitution along with strategic initiatives should support the company’s growth
BUSINESS
MTAR Technologies: Stock ripe for re-rating
Robust order pipeline and improved execution augur well for the company
BUSINESS
IRCON International: A strong play on railways
Recent correction offers a good buying opportunity as capex on railways and highways continues to boost order book
BUSINESS
ION Exchange: Better risk-reward play after recent correction
Recovery in both domestic and international markets and increased industrial activity augur well for the company
BUSINESS
NTPC: A defensive play on green energy
Recent correction offers a good entry point as earnings visibility remains strong
BUSINESS
Engineers India: Why we are turning cautious
While the company has good opportunities and a strong balance sheet could support its initiatives in the exports and the energy transition space, it would be worth keeping a watch on their execution over the next two quarters
BUSINESS
Bharat Dynamics Q3: A good bet even after the stellar show?
With strong focus on innovation and technology, BDL is the showpiece of India's defence capabilities
BUSINESS
NTPC: What should support the stock in future?
The core business of thermal power is thriving while the power utility is plugging into clean energy
BUSINESS
Power Grid Corporation of India: What is supporting the stock price
Betting on India's planned spike in power T&D investments, Power Grid is ramping up capital expenditure
BUSINESS
Cochin Shipyard: Improving execution, strong order book to support stock
While the valuation is on the higher side of the historical range, the stock should do reasonably well, considering the earnings visibility and orders in hand
BUSINESS
MTAR Technologies: Poised to do better
The quality of business, capital allocation, and strong order pipeline are some of the factors that should drive growth
BUSINESS
IRCON International Q3: Strong execution capabilities visible
Robust rail and highway capex will boost the order book; however, competitive intensity and delay in execution will have to be watched
BUSINESS
Va Tech Wabag: Higher scale to support strong earnings growth
The company is confident of maintaining good execution on the back of a strong order pipeline
BUSINESS
Tata Power: More room for growth
Investments in renewables and the green energy value chain have unlocked the potential for the future
BUSINESS
Cummins India: Higher valuation could limit stock upside
The company is capitalising on opportunities in the domestic market as the export market remains sluggish
BUSINESS
Data Patterns: Continuity in earnings growth to support stock
With the ongoing investments and efforts to demonstrate its enhanced capabilities, the company is looking for a larger pie of the domestic defence and other critical electronics markets over the next 1-3 years
BUSINESS
ideaForge Technology: The beginning of a new chapter
Well positioned to capitalise on multiple revenue streams and address evolving customer needs.
BUSINESS
Bharat Electronics: Improving visibility, earnings to support stock
Improving product mix, strong R&D focus, increase in non-defence segment revenue, and exports should drive BEL performance
BUSINESS
Momentum for railway, defence in India Budget
The provision of Rs 1 lakh crore for R&D is a ground-breaking move
BUSINESS
Larsen & Toubro: Growth momentum could moderate
Stock upside is capped because of the likely sluggishness in domestic business
