Moneycontrol PRO

Krishna Karwa

Senior Analyst

iFast Research

Arvind: Re-rating subject to an improved performance in textiles

BUSINESS

Arvind: Re-rating subject to an improved performance in textiles

We remain enthused about the company's branded apparel, advanced materials and engineering businesses given their revenue visibility and ability to perform consistently well

Shoppers Stop: Invest for the long haul

BUSINESS

Shoppers Stop: Invest for the long haul

In the aftermath of the sharp correction, the stock, despite being optically expensive, is worth keeping on one's radar

Tailor-made bet: Improved Q2 show makes Raymond a good value buy

BUSINESS

Tailor-made bet: Improved Q2 show makes Raymond a good value buy

At 20.4 times its 2-year forward earnings, Raymond’s valuations are inexpensive and attractive for going long

Shaily Engineering Plastics: Investment-worthy at current levels

BUSINESS

Shaily Engineering Plastics: Investment-worthy at current levels

The stock is currently trading at 17 times its estimated earnings for FY20. We advise investors to take advantage of the attractive valuation

Shoppers Stop: Correction provides a good entry opportunity

BUSINESS

Shoppers Stop: Correction provides a good entry opportunity

Tweaks in the revenue mix in favour of premium lifestyle products, coupled with improving cash flows, should augur well for the company’s earnings.

Reliance Retail -- next big thing for Reliance Industries

BUSINESS

Reliance Retail -- next big thing for Reliance Industries

Reliance Retail's target is to open more than 6,000 outlets pan-India with a top-line potential of roughly $20 billion by FY20-end.

Trent: A worthy contender despite steep valuations

BUSINESS

Trent: A worthy contender despite steep valuations

Though chances of a sharp near term re-rating are minimal, the moats, in our view, remain convincing enough to pick this stock for the long term

D-Mart: Margins disappoint; accumulate on dips

BUSINESS

D-Mart: Margins disappoint; accumulate on dips

It remains to be seen as to how the company manages to gain incremental market share without hurting its margins.

Whirlpool: Strong fundamentals, favourable prospects justify valuations

BUSINESS

Whirlpool: Strong fundamentals, favourable prospects justify valuations

Benefits of brand appeal, adequate cash resources, high asset turns, efficient working capital practices and parental guidance on research should help the stock re-rate noticeably in the long-run.

V2 Retail: Attractively priced; a worthy buy

BUSINESS

V2 Retail: Attractively priced; a worthy buy

Network augmentation, an improved product mix, impetus towards working capital efficiencies, volume-driven growth and a strong balance sheet should work in favour of the company in the long-run.

Ideas for Profit: Gold import relief a good opportunity to buy Titan

BUSINESS

Ideas for Profit: Gold import relief a good opportunity to buy Titan

Even though jewellery remains of core importance to Titan’s success, the company has been gradually transitioning itself into a consumer-focused company by foraying into new product categories

Centre's duty hike: Domestic manufacturers to benefit but higher cost could spoil festive mood

BUSINESS

Centre's duty hike: Domestic manufacturers to benefit but higher cost could spoil festive mood

Although the duty hikes will have a positive impact on the fiscal situation of the Indian economy, the impact on companies will vary on an individual basis

Voltas-Beko: How the tie-up bodes for India’s leading AC brand

BUSINESS

Voltas-Beko: How the tie-up bodes for India’s leading AC brand

The deal will help Voltas penetrate the industry at a deeper level with diverse products in its kitty.

With Aditya Birla's More in its cart, Amazon looks to take Indian grocery retail by storm

BUSINESS

With Aditya Birla's More in its cart, Amazon looks to take Indian grocery retail by storm

By virtue of the deal, Amazon’s long-unfulfilled goal of tapping the Indian food and grocery market at a big scale has fructified.

Will equity market & dollar-rupee performance mirror 2013 or is this time different?

BUSINESS

Will equity market & dollar-rupee performance mirror 2013 or is this time different?

We don’t see a depreciating rupee against the dollar derailing the equity market.

6 key trends in retail to watch out for post Q1 results

BUSINESS

6 key trends in retail to watch out for post Q1 results

Retail remains a promising industry in the Indian context, given the large consumer base throughout the country.

Leisurewear Q1 review: Which stocks should you bet on for the long term?

BUSINESS

Leisurewear Q1 review: Which stocks should you bet on for the long term?

An oligopolistic nature of the market, higher consumer discretionary spending, wider reach of organised retailers and increased awareness towards health/hygiene should benefit leisurewear companies in the long run.

Footwear Q1: Premium products, asset-light expansion to determine re-rating

BUSINESS

Footwear Q1: Premium products, asset-light expansion to determine re-rating

While Relaxo and Sreeleathers reported healthy top-line growth YoY, Bata was the standout performer on the margin front.

Industry challenges impact export-focused home textile companies in Q1 FY19

BUSINESS

Industry challenges impact export-focused home textile companies in Q1 FY19

While the rupee’s depreciation against the dollar in recent times could offer some respite to home textile majors, the near-term outlook for the sector as a whole is far from promising.

Amazon or Google-Paytm Mall -- Which partner could offer Future Retail more bang for its buck?

BUSINESS

Amazon or Google-Paytm Mall -- Which partner could offer Future Retail more bang for its buck?

The underlying theme of this development underscores the importance of having the right blend of brick-and-mortar and online presence in a business where margins, more often than not, can be very thin.

Shaily Engineering Plastics: Home furnishing products crucial to success

BUSINESS

Shaily Engineering Plastics: Home furnishing products crucial to success

The company's 14-year long relationship with a Swedish home furnishing major should help it capitalise on the latter's aggressive growth plans for the Indian market.

Ideas for profit: Blue Star, Voltas worthy medium to long term picks

BUSINESS

Ideas for profit: Blue Star, Voltas worthy medium to long term picks

Notwithstanding the challenges in the unitary cooling segment in the quarter gone by, both companies have all that it takes to bolster their fundamentals in the long-run.

Amber Enterprises: A good buy despite a weak Q1

BUSINESS

Amber Enterprises: A good buy despite a weak Q1

A strong order book, relationships with marquee Indian AC brands, impetus towards high-margin inverter ACs, benefits of recent acquisitions and momentum in the AC component sales division should augur well for the company.

Arvind Q1 review: Textile disappoints; branded apparel, engineering grow

BUSINESS

Arvind Q1 review: Textile disappoints; branded apparel, engineering grow

Verticalisation of the textile segment, promising prospects of the branded apparel segment and a healthy order book in the engineering segment reinforce our confidence in the stock.

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