BUSINESS
Nexus Select Trust REIT IPO: A better option with low risk, higher yield
Nexus Select Trust being a retail REIT, the upside to growth is high and the risk is low in the light of India being a booming consumption market
BUSINESS
KEC International: Riding the strong momentum in capex cycle
Order book strong, margins improving, execution better, and working capital under control
BUSINESS
KEI Industries: Higher valuations could cap upside
Multiple levers make the company upbeat about growth prospects
BUSINESS
IRCON International is switching to growth fast track. Time to board?
Supported by a strong order book, revenue visibility remains good and profitability, too, should be better
BUSINESS
Power Grid Corporation of India: Poised for a better show
Strong position in the market and focus on gaining market share, will improve the company’s prospects and earnings visibility
BUSINESS
Bharat Electronics: Defensive, but with a lot of stock appeal
With margins expected to improve, better revenue visibility, and good growth in execution, BEL earnings should grow faster in coming quarters
BUSINESS
Hindustan Aeronautics is ready to fly to newer heights
With the government’s focus on indigenous defence manufacturing, the company’s prospects look bright
BUSINESS
Engineers India is getting back on the growth path
Improving business with higher execution and strong order book could lead to re-rating of the stock
BUSINESS
Defence engineering sector: Stocks take a pause, right time to hunt
Defence sector is in a sweet spot as revenue visibility and valuations favour investors
BUSINESS
Va Tech Wabag: Improving profitability to support stock
While profitability is improving and valuations to provide support, market will keenly watch execution and new orders
BUSINESS
NTPC: Asset monetisation, valuations lend stock a hand
Earnings visibility and low valuation to keep stock in momentum
BUSINESS
Power Grid Corporation of India: Improving earnings profile, valuation could be great drivers
Improving earnings visibility and attractive dividend yield to support stock
BUSINESS
Railway engineering sector: Slow but on track
Growth has slowed in December quarter, but companies are still promising in the light of orders in hand and expected recovery in execution
BUSINESS
Cummins India Q3 earnings: Recovery in the capex cycle paying well
Cummins India’s domestic market witnessed 26 percent growth Year-on-Year along with a 23 percent increase in exports.
BUSINESS
Thermax: Higher execution supporting growth
High valuations could be a dampener in the near term for Thermax
BUSINESS
Does Adani Ports and SEZ offer value?
Though the group overhang is a bother, the company’s stock offers attractive risk-reward proposition
BUSINESS
KEC International: Capitalising on the upswing in capex cycle
The company is driven by a robust order book, improved balance sheet, and strong earnings visibility
BUSINESS
Budget 2023 — Infrastructure firing on all cylinders
The increase in capex will increase the revenue visibility and valuations of companies operating in this core area
BUSINESS
Larsen & Toubro: On a high growth graph, stock loaded with value
Strong execution and order inflows to drive higher growth and support the L&T stock
BUSINESS
Bharat Electronics: Growth, valuation tailwinds blow in favour of investors
The company’s order book is strong, margins are expected to improve, and better execution to increase revenue visibility
BUSINESS
Indian Energy Exchange — Set to power ahead
A bargain in a volatile market that offers good earnings visibility and comfort in valuations
BUSINESS
Budget 2023 Expectations: Will the push for capex-led growth continue?
We believe the government would keep the infrastructure spend elevated and announce incentives, like production-linked schemes, to encourage private investments and capital expenditure
BUSINESS
MTAR Technologies: Appealing valuation, earnings traction offer investors room to play
Apart from the organic route, the company is investing in newer businesses and technologies, particularly in light of the import restrictions on certain defence equipment
BUSINESS
Indian Energy Exchange: Volumes make a comeback, spark earnings upgrade hopes
Business improving gradually now stock price should follow supported by reasonable valuations and buyback announcement
