BUSINESS
Larsen & Toubro: Improving fundamentals, strong earnings visibility to support the stock
Orders in hand have jumped, execution has been robust, and domestic capex cycle continues to grow
BUSINESS
NTPC: On a path to deliver better returns
Scaling up of renewable capacity will aid the company’s near-term growth
MONEYCONTROL-RESEARCH
JSW Energy: In an expansion mode
The company will continue to benefit from higher merchant sales and realisations, thanks to increasing peak power deficit. Strong pipeline of projects would support growth and earnings.
BUSINESS
GRSE: Strong orders, improving execution to support earnings-led recovery
In fiscal 2023, the company’s revenue grew by 46%. In fiscal 2024, it is expected to be even better. In fact, in the first quarter of FY24 itself, the company has reported a good 30.4% growth.
BUSINESS
Both turnaround, growth from emerging businesses to drive this stock
Tata Power’s ongoing growth capex, strong focus on green energy and efforts to improve its traditional business hold promise.
BUSINESS
This defence stock gets it right for safety of capital, reasonable returns
HAL, with its focus on both domestic and international markets and ongoing capacity expansion, is well-positioned to capitalise on the growth potential in the defence aerospace sector.
BUSINESS
What should you do with JSW Infrastructure?
In view of the long-term compounding potential, investors could consider holding on to the stock
BUSINESS
Cochin Shipyard: Expect some moderation as valuations enter premium zone
Earnings are expected to get a boost with the expected spurt in revenue and improvement in margins.
BUSINESS
JSW Infrastructure: Growth firmly anchored in port activity expansion
The company is a good long-term play backed by strong positioning and high earnings visibility
BUSINESS
Signature Global IPO: Earnings growth building up, to support valuation
Because of several positive factors for Signature Global, there is a strong possibility of re-rating in the long run
BUSINESS
Weekly Tactical Pick: Why does this water treatment company merit a look?
The company’s focus on profitability and the strong growth in its order book should support the stock
BUSINESS
Mazagon Dock Shipbuilders: Market putting too much optimism in the price
Given the sharp run-up in the share price, slow execution, historic high valuations, and delays in fresh orders, investors should be cautious and wait for better entry points
BUSINESS
EMS IPO: Should investors court this emerging player in the water space?
The company is set to deliver strong earnings growth on the back of robust orders and increased funding for new projects
BUSINESS
Railway engineering stocks: Softer growth to have bearing on valuation
Growth for such stocks could come down, particularly in fiscal 2024, with fresh orders relatively low and existing orders getting exhausted because of higher execution
BUSINESS
IPO Watch: Rishabh Instruments — Should investors hop on to the global manufacturing theme?
The flotation of the engineering company is expensively valued and domestic performance will be key to re-rating
BUSINESS
Va Tech Wabag: Higher execution in the coming months to support earnings and stock
Robust order book, reduced debt, and better profitability augur well for the water company
BUSINESS
IPO Watch — Vishnu Prakash R Punglia: This infra player is an outlier with impressive trackrecord
Capital infusion and the strong order book would boost earnings; valuation looks attractive
BUSINESS
IPO Watch — Aeroflex Industries: Can it deliver the goods?
While the product profile and possible growth opportunities in the domestic and international markets could drive growth in the future, valuations are expensive.
BUSINESS
Engineers India: Better execution, higher orders to crank up growth engine
Earnings visibility for the next two years is quite good on the back of improving margins
BUSINESS
KEC International: All-round improvement to support earnings, stock
With higher scale, strong orders in hand, order pipeline and improvement in margins, the earnings trajectory remains strong
MONEYCONTROL-RESEARCH
IdeaForge Technology: Pricing in too much optimism
Growth levers are in place and the company is moving towards a higher scale
BUSINESS
Cummins India: Slow growth in export market hurts sentiment
The company expects margins to improve on the back of cost reduction and investments in new products and technologies
BUSINESS
Power Grid Corporation of India: Tweaking strategy to grow fast
Higher capex and other measures to help tap new opportunities
BUSINESS
NTPC: Focus on renewables to cheer shareholders in the long run
The company has the experience and expertise in executing renewable projects. Plus, because of the low cost of capital borrowing, at around 6-6.5 percent, it has a huge advantage in the long run
