BUSINESS
Shakti Pumps: 5 factors that make it an attractive investment
We feel the valuation (stock is trading at 18 times) is reasonable considering the opportunity in the sector, leadership position, focus on single segment, good return ratios and strong growth visibility
BUSINESS
Can the CESC demerger unlock value for investors?
Our calculation suggest that sum total of these individual businesses on a conservative basis accrues to about Rs 1,350-1,365 a share, which is quite attractive compared with the CESC’s current market price of Rs 913 share
BUSINESS
Tata Sponge Q2 review: Profitability to improve, valuations remain attractive
The stock has corrected and currently trades at an attractive valuations of about 9 times its FY19 estimated earnings
COMPANIES
Looking for bargains? Here is a PSU stock that can compound wealth and yet protect capital
At its peak, the company had traded at 25-32 times its forward earnings as against the current valuation of 11 times.
MONEYCONTROL-RESEARCH
PSU buyback: An opportunity in a volatile market
Thanks to correction in markets, few PSUs have come out with the buy backs and they are worth a look
MONEYCONTROL-RESEARCH
Ideas for Profit: 6 safe dividend yield stocks for uncertain times
Listed below is six such state-run entities, which are strong businesses and command pole position in the industry
BUSINESS
A 5-point checklist for investors that could help navigate volatile markets
A cheap stock could remain cheap forever if the value is destroyed. Stocks like Gitanjali Gems never recovered from that cheap zone as the business was completely wiped out post the Nirav Modi crisis
BUSINESS
How asset-rich ITNL can help parent IL&FS with its financial troubles
Companies such as ITNL, which hold hard assets such as operational BOT road assets can raise money through monetisation.
MONEYCONTROL-RESEARCH
With Usha Martin acquisition Tata Steel strikes while the iron is hot
Even at 90% capacity utilisation and assuming a 50% improvement in current EBITDA per tonne to about Rs 8250 per tonne over the next two years, it can potentially generate operating profits of about Rs 740 crore.
MONEYCONTROL-RESEARCH
Garden Reach Shipbuilders IPO: Defensive in character, expensive in price
While the business has some merits, given the slowdown in the defence space, past performance of the company and the premium valuations (15 times FY18 earnings) the risk-reward looks tilted.
BUSINESS
BHEL’s buyback: Is it throwing good money after bad?
It would be worth noting that the success of any buyback would only yield results with the commensurate turnaround in the fundamentals of the business
BUSINESS
IRB InvIT: Does accumulation of units by promoters signal better days ahead?
IRB Infra promoter purchased 75 lakh units of IRB InvIT as prices hit a low. The fund currently offers a yield of close to 16 percent
MONEYCONTROL-RESEARCH
IRCON International IPO: Attractively priced
At the upper band of its offer price of Rs 475 per share, the issue is valued at 11 times its FY18 earnings. It also offers an attractive dividend yield of 4.6 percent
BUSINESS
NMDC: Pricing the risk of lower production this year
At current market capitalisation of Rs 37,400 crore its stock is trading at 9 times its expected earnings, which is reasonable.
MONEYCONTROL-RESEARCH
Growth stocks turning into traps as companies play closer to foul line
Businesses that breach trust and indulge in bad practices are bound to fail. It will only be a matter of time before that happens.
MONEYCONTROL-RESEARCH
Reliance Infrastructure: Turning “D” rating into a re-rating?
The company now expects to cut interest cost by about Rs 1,800 crore and improve its liquidity and financial profile
BUSINESS
Ideas for Profit: Amid slowdown, Cochin Shipyard & Bharat Electronics best placed
It would be prudent to wait for one or two more quarters. Defence is a theme that will ultimately play out
EARNINGS
Construction sector in a sweet spot; Dilip Buildcon and J Kumar should do well
The correction in midcaps has bought many construction companies to reasonable-to-attractive valuations
BUSINESS
How L&T’s buy-back could correct its faulty capital allocation & reward shareholders
Our calculations suggests that a Rs 9,000 crore buy-back would have an about 170 basis points impact on FY18 RoE
BUSINESS
Ideas for Profit: Tata Steel, Coal India worthy of investor attention
At the current market price, Tata Steel is trading at 9 times FY19 estimated earnings, which is reasonable
BUSINESS
Hindalco Industries: Aluminium business steals the quarterly show
The movement in LME prices from here on and the acquisition of Aleris would be key to Hindalco's future performance
EARNINGS
Q1FY19 Result Analysis: Nalco a beat but NMDC disappoints
Strong earnings growth and cash in the books makes Nalco an attractive buy in aluminium space.
BUSINESS
KEC International: Creating pillars of growth
Considering the strong order book and improving execution, traction in overall revenue should remain strong
BUSINESS
Adani Ports & SEZ trades at low valuations despite strong earnings visibility
Valuations too remain supportive, based on the FY19 estimates earnings of Rs 20 a share
