BUSINESS
ITC: What does the de-merger of the hotel business mean for shareholders?
The hotel business has subpar return ratios compared to other businesses of ITC
BUSINESS
Vedanta: Operating performance remains off-colour
Vedanta is present in both ferrous and non-ferrous businesses, including oil and gas, making it highly vulnerable to commodity prices and economic cycles
BUSINESS
JSW Steel: Tailwinds from lower raw material prices to kick in
Incremental capacity of more than 6 million tonnes to go on stream in the next one year
BUSINESS
Hindustan Unilever: Gradual recovery in the short term
Margin recovery under way, given the correction in raw material prices and volumes likely to recover gradually
BUSINESS
Metals and Mining: June 2023 quarter likely to be muted
Ferrous pack is better placed than non-ferrous pack, given the economic slowdown in the developed world and lower manufacturing activity in China.
BUSINESS
Discovery Series: Is this smallcap stock a good play on the China-plus one theme?
Faze Three is well placed for higher growth as a large part of the capex is complete
BUSINESS
FMCG: What investors should expect in the June quarter
Volume growth is likely to stage a comeback with lower inflation. Recovery in gross and operating margins is expected while investment behind brand-building will be higher.
BUSINESS
CCL Products: Volume grows in double digits, capacity play does the job
Cost efficient business model, complete pass-through of green coffee prices, sticky customer base will lead to higher earnings growth
BUSINESS
Jindal Steel and Power: Better placed than peers
JSPL has reduced its debt and is currently focusing on higher volumes and cost-saving projects
BUSINESS
Why investors should take a look at this ferro chrome player
IMFA is a fully integrated ferro chrome manufacturer, with captive chrome ore mines. A net debt-free balance sheet and higher operating cash flows allow the company to declare higher dividends, and undertake capex.
BUSINESS
Heritage Foods: Worst of the milk inflation is gone
Investors need to watch out for growth in value-added products as margins are almost 1.5-2x of milk
BUSINESS
Should retail investors subscribe to the Coal India OFS?
E-auction premium for coal is softening and the profitability is going to be lower in the near term
BUSINESS
SAIL: Q1FY24 performance likely to be subdued
Cautious stance on ferrous space, given the slowdown in developed world and higher production from China
BUSINESS
Emami: Rural market revival holds the lever, margins may improve
Investors need to watch out for the recovery in rural markets given that Emami has higher salience there
BUSINESS
Hindalco Industries: Should you look at the stock amidst the near-term headwind?
Investors need to focus on the Novelis business, given that it remains the largest contributor to profitability
BUSINESS
JSW Steel is a play on volume growth
More than 6 million tonnes of incremental capacity is likely to be commissioned in the next one year
BUSINESS
ITC: Continued all-round performance
Sustainable volume growth in cigarette and improved profitability in FMCG business key to re-rating
BUSINESS
Vesuvius India: Capex spend to drive earnings growth
Vesuvius India is a play on the growing steel production in India, given its leadership position in the refractory space
BUSINESS
Colgate-Palmolive India: Pricing-led growth and cut in advertisement spends
Higher penetration of toothpaste categories and slowdown in rural consumption lead to sub-par growth
BUSINESS
Vedanta India: Weak economic growth can impact this commodity major
Vedanta is present in both ferrous and non-ferrous businesses, including oil and gas, making it highly vulnerable to commodity prices and economic cycles
BUSINESS
Godrej Consumer Products: Building blocks in place for higher growth
Category development and higher penetration will lead to higher volume growth and better margins
BUSINESS
Coal India: Higher employee cost impacts performance
Cooling of international coal prices leads to lower e-auction premium
BUSINESS
Marico: Gradual recovery in core categories and margin likely
Foods business is likely to be the future engine of growth as it is set to grow at a higher pace compared to other categories
BUSINESS
Britannia Industries: Margins at peak levels, adjacent categories in the spotlight
Growth from adjacent categories will drive revenue growth and premiumisation will drive profitability
