Moneycontrol

Budget 2021

Associate Partners:

  • SMC
  • Samsung
  • Volvo

Moneycontrol

Budget 2021

Associate Partners:

  • SMCSamsungVolvo

Krishna Karwa

Research Analyst

Moneycontrol Research

This smallcap continues to give Bata & Relaxo a good run for their money. Do you own it?

BUSINESS

This smallcap continues to give Bata & Relaxo a good run for their money. Do you own it?

Emphasis on volume-driven sales in price-sensitive markets, asset-light expansion, negligible debt on the books, and macro-economic tailwinds are expected to augur well for Sreeleathers in due course.

Higher capacity utilisation, value added products hold key for Nandan Denim

BUSINESS

Higher capacity utilisation, value added products hold key for Nandan Denim

Improved capacity utilisation, coupled with impetus towards value-added products and export sales, will have a major role to play in the company’s future earnings visibility.

What's in store for India's organised retail?

BUSINESS

What's in store for India's organised retail?

Indian retail is likely to be characterised by key developments such as a GST-induced transition in favour of organised retailers and co-survival of offline and online players, among others.

Shaily Engineering Plastics: Engineered for better earnings visibility

STOCKS

Shaily Engineering Plastics: Engineered for better earnings visibility

The company’s niche status in the high-value engineered polymer processing domain, marquee clientele list, and convincing economic moats make it a good investment proposition.

Garware Wall Ropes to gain from niche products, steady demand

BUSINESS

Garware Wall Ropes to gain from niche products, steady demand

Continued impetus towards increasing the share of margin-accretive and niche products, backed by a positive demand outlook from foreign markets and local customers, puts the company in a sweet spot.

Sparkle is here to stay for jewellery companies after a good Q2

BUSINESS

Sparkle is here to stay for jewellery companies after a good Q2

Jewellery sector companies reported a very decent quarterly performance and are riding on tailwinds such as a market share shift to the organised sector, gradual revival of consumer sentiment, and regulatory support in the form of relaxation of Prevention of Money Laundering Act provisions.

After a subdued Q2, can SP Apparels knit up a better future?

BUSINESS

After a subdued Q2, can SP Apparels knit up a better future?

Volume growth, order executions, geographic risk diversification, sewing capacity addition, asset-light expansion, backward integration, and an improvement in the subsidiary’s performance are some of the key moats that SP Apparels hopes to capitalise on in due course.

Bata India on a solid footing with its focus on broader footprint, premium products

BUSINESS

Bata India on a solid footing with its focus on broader footprint, premium products

The company’s long-term structural growth story remains intact in India’s consumption space owing to its steady fundamentals, strong brand equity, and a diverse regional presence, among other things.

Arvind demerger: Does business simplification unlock value?

BUSINESS

Arvind demerger: Does business simplification unlock value?

A rejig of the organisational structure may be beneficial for Arvind's shareholders since the value unlocked from the market cap of the four segments is expected to be marginally higher than the company's current market cap.

V-Mart: This 'value for money' retailer commands a price for a good reason

BUSINESS

V-Mart: This 'value for money' retailer commands a price for a good reason

V-Mart, undoubtedly, remains a fundamentally sound pick owing to its ability to consistently deliver good margins and healthy return ratios over a period of time. However, a sharp run-up in the stock’s price over the past year leaves little room for a valuation upside in the near future.

Fiberweb (India): Is change in capex plans for the better?

BUSINESS

Fiberweb (India): Is change in capex plans for the better?

Though Fiberweb’s prospects of a multiple re-rating cannot be ignored, given its unique product offerings and healthy financials, a change in the capex plan merits attention.

Himatsingka Seide: Can a blend of sales growth & cost savings shore up earnings?

BUSINESS

Himatsingka Seide: Can a blend of sales growth & cost savings shore up earnings?

While incremental improvement may not be visible in the coming quarter, the company’s gross margins are expected to inch up starting Q4FY18.

Trident Q2: Capacity utilisation holds key to earnings visibility

BUSINESS

Trident Q2: Capacity utilisation holds key to earnings visibility

Going forward, Trident’s operational turnaround will be predominantly driven by the extent and pace with which capacity utilisations at its plants scale up.

After a stellar Q2 show, Titan hopes to keep the momentum going

BUSINESS

After a stellar Q2 show, Titan hopes to keep the momentum going

In the quarter gone by, the company reported a noticeable year on year jump in the top-line and margin profile of its two key segments - jewellery and watches.

Khadim India IPO: If the shoe fits you, wear it!

BUSINESS

Khadim India IPO: If the shoe fits you, wear it!

This east India-based shoe retailer is not only riding on macro tailwinds but also on market exuberance, and has priced the issue of Rs 543 crore to perfection.

Electrical companies: Takeaways from Q2 results so far

BUSINESS

Electrical companies: Takeaways from Q2 results so far

GST triggered disruptions in a number of sectors, especially the consumer-facing ones. However, it was surprising to see some electrical component and wire/cable manufacturers posting a rather robust set of numbers in the recently concluded quarter.

Raymond - improved Q2 results, but valuation limits upside

BUSINESS

Raymond - improved Q2 results, but valuation limits upside

While we take note of Raymond’s improved quarterly performance, at 36x FY19 projected earnings, the stock price, apparently, seems to have fully discounted the economic moats that we elaborated on in our earlier article.

Reliance Nippon Life AMC IPO: Riding on high margin, brand value, returns on equity

BUSINESS

Reliance Nippon Life AMC IPO: Riding on high margin, brand value, returns on equity

Reliance Nippon, with AUM exceeding Rs 3.5 lakh crore and a market share of 11.5 percent, is poised to do well on the back of high margins, strong brand value, and good returns on equity.

D-Mart operator an expensive stock, but margins to remain solid in long-term

BUSINESS

D-Mart operator an expensive stock, but margins to remain solid in long-term

After an impressive rally since its listing in March this year, the stock, which was already a tad too expensive to begin with, has left little on the table for investors.

45 IPOs and counting: Market gives a thumbs-up to most of them

BUSINESS

45 IPOs and counting: Market gives a thumbs-up to most of them

We analysed the performance of 45 IPOs between January 1, 2016 and August 31, 2017 to figure out the broad trend. Share prices as on October 10, 2017 have been taken into account to calculate the gains and losses.

These 26 textile & jewellery stocks may gain from the latest GST Council tweaks

BUSINESS

These 26 textile & jewellery stocks may gain from the latest GST Council tweaks

The 22nd GST Council meet addressed concerns of jewellery companies by easing KYC norms. There was some relief for synthetic yarn makers, too, as issues in connection with delayed clearances/ambiguity in export-related tax refunds and an inverted tax structure were considered.

Why these 2 technical textile stocks merit some attention

BUSINESS

Why these 2 technical textile stocks merit some attention

While Garware-Wall Ropes appears to be well-positioned to innovate its product offerings, Sarla Performance Fibers is yet to make a mark given its growth potential. Nonetheless, both stocks appear to be reasonably valued for now.

These 4 electrical manufacturers may benefit from the govt's 'Saubhagya' scheme

BUSINESS

These 4 electrical manufacturers may benefit from the govt's 'Saubhagya' scheme

Bajaj Electricals, Dixon Technologies, V-Guard, and Veto Switchgears & Cables could be some of the major beneficiaries of the 'Saubhagya' scheme announced by the government earlier this week.

Why Shoppers Stop-Amazon deal is a perfect blend of offline & online retail

BUSINESS

Why Shoppers Stop-Amazon deal is a perfect blend of offline & online retail

Shoppers Stop and Amazon appear to have taken the correct step by integrating the advantages of physical and digital platforms, with neither dictating the way the other operates.

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