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
BUSINESS
Thermax: Growth in earnings well priced in the stock
While the outlook is improving, one should be cautious in the near term, given that the stock has moved up swiftly.
BUSINESS
Bharat Electronics: Strong growth curve set to continue
Better execution, capacity expansion, and improving margins to support earnings growth
BUSINESS
Larsen & Toubro Q1 FY24: Execution picking up, earnings to follow
Strap: Strong order inflows, better execution, and momentum in capex cycle augur well for the company
BUSINESS
Engineers India: Stock set to ride on earnings, valuations support
Business driven by strong order inflows, improving execution, stable margins, diversification into new markets, and a focus on green energy.
BUSINESS
Cochin Shipyard: Sailing through steady waters
Slow execution of some of the large projects, delays in approvals, change in scope of projects, and non-availability of key imported components have hit the company. In the current year, it is expecting close to Rs 3,900 crore revenue – an YoY growth of almost 65%
