BUSINESS
Bharat Electronics: Better execution, orders in hand to support stock, valuation
The company has a healthy order backlog of nearly Rs 76,000 crore, providing strong revenue visibility for the next three years.
BUSINESS
AWFIS Space Solutions IPO: Should you subscribe to this workspace solutions provider?
The company seeks to raise funds for expansion and technological enhancements to win India’s booming co-working space market
BUSINESS
Hindustan Aeronautics: Expansion in earnings to support higher valuation
Strong growth in orders, improving visibility, execution, and earnings augur well for the company
BUSINESS
IdeaForge Technology: Improving business a sign of possible stock rerating
Strong orders in hand, technology leadership, huge opportunities, and product and market expansion augur well for the company
BUSINESS
Thermax: Valuation captures business improvement
The company continues to see good traction in execution and margins. Also, orders in hand are good
BUSINESS
Tata Power: Powering ahead both in traditional, RE businesses
The company maintains better profitability on the back of strong growth and a higher scale across segments
BUSINESS
Larsen and Toubro: Growth moderation in near term
While long-term opportunities remain good in light of strong recovery in international markets, and booming infrastructure spend in India, there would be moderation in the near term owing to elections in the domestic market
BUSINESS
Hindalco Q4: Strong operating performance by Novelis
India aluminium business will see lower cost on the back of captive alumina and better captive coal linkages
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
