BUSINESS
Tata Steel: Performance of India operations seems to have bottomed out
Focusing majority of its capex on Indian markets
BUSINESS
Tata Consumer Products: What will be a key driver for India business?
Foods business likely to be the engine of growth, backed by expanded portfolio and higher distribution reach
BUSINESS
Varun Beverages: Is there some fizz left, post the rally?
VBL likely to outperform the FMCG industry both in terms of revenues and earnings growth.
BUSINESS
Marico: Food portfolio likely to be engine of growth
Recovery in rural markets will help growth in the core portfolio of Parachute and value-added hair oil categories
BUSINESS
ITC: An all-round show on display
Sustainable volume growth in cigarettes and improved profitability in FMCG business key to its rerating
BUSINESS
Dabur India: Volume, margin recovery a work in progress
The demand slump in rural markets has bottomed out and the company is now seeing some green shoots of revival in demand in the hinterland.
BUSINESS
Godrej Consumer Products: Volume, margin recovery under way
Category development and higher penetration will lead to higher volume growth and better margins
BUSINESS
Budget 2023 gives a boost to consumption, rural economy
Higher capital expenditure and an increase in disposable income augur well for FMCG and retail stocks as well as companies related to tourism
BUSINESS
Vedanta: Higher dividend payout likely to continue in the short term
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
Heritage Foods: What lies ahead after a soft quarter?
Higher contribution from value-added products and operating leverage along with price hikes will lead to recovery in earnings
BUSINESS
Pidilite: Why we stay neutral despite raw material tailwinds
Pidilite continues to focus on volume-led profitable growth. Higher raw material prices have impacted the profitability in the last 18 months which is now likely to change
BUSINESS
Colgate-Palmolive India: Performance continues to remain sub par
The strategy from the new CEO is likely to take a longer time, given that oral-care penetration has already reached 85-88 percent.
BUSINESS
JSW Steel: Higher debt would cap upside potential
JSW Steel is a play on volumes as nearly more than 6 million tonnes of incremental capacity is likely to be commissioned in the next one year.
BUSINESS
HUL: Royalty rate increase dampener in cautiously optimistic environment
Moderation in inflation, recovery in margin, sequentially, augur well for the company. Rural markets have witnessed some green shoots, and the worst is likely to be behind.
BUSINESS
Budget 2023 expectations from consumption & retail: Cautiously optimistic, especially rural markets
The government is likely to prefer indirect transfer of income which creates a multiplier effect on the economy to boost consumption
BUSINESS
Discovery Series: Will this speciality steel maker continue to outperform?
Higher demand from the domestic as well as export markets will drive growth for Vardhman Special Steels
BUSINESS
Dabur India: Operating margin may run into stress points
Higher dependency on rural markets has impacted Dabur India performance. Any pick-up in activity will lead to higher growth rate
BUSINESS
Godrej Consumer Products: Building growth blocks slowly and steadily
Broad-based recovery in home and personal care categories in domestic markets and Indonesia showing signs of recovery
BUSINESS
Marico quarterly update: Revenue growth modest, margin recovery takes hold
Saffola franchise saw healthy growth; rural markets continue to lag, which impacted value added hair oil and parachute coconut oil
BUSINESS
Kirloskar Ferrous Industries: Earnings growth leans on cost savings, higher capacity
These initiatives, along with capacity expansion and merger with ISMT, will create value for shareholders
BUSINESS
Heritage Foods: Will margins get rolling for this dairy company?
Investors need to watch for growth in value-added products, given that higher profitability is likely to come from that category
EARNINGS
Colgate-Palmolive: A case of old wine in new bottle
Rural markets present a good opportunity for volume growth and higher penetration while urban markets will provide premiumisation opportunity
BUSINESS
Godrej Consumer Products: Volumes making a comeback, will margins follow?
Investment in category development, focus on brand-building and growing volumes in double digits are work in progress for this FMCG major
BUSINESS
Hindustan Unilever: The science behind its strategic investment in OZiva, Wellbeing Nutrition
HUL has been able to develop the markets and it is successful in building the category through higher advertisement spends and distribution network
