EARNINGS
Jyothy Labs: Can it add colour to the portfolio?
Investors need to watch out for growth in rural markets and recovery in the household insecticides segment, which could lead to a recovery in earnings
EARNINGS
NMDC: Is it a good time to move in, post the 25% rally from the lows?
Investors need to watch out for the timeline regarding the steel plant de-merger and divestment
BUSINESS
The gas crisis in Europe may queer the pitch for these sectors
European nations are staring at troubles both economic and political, which can have a contagion effect on multiple industries and trading partners
BUSINESS
SIS: Margin recovery in the medium term likely
We expect the India security and facility management businesses to be the growth drivers while the international security business is likely to grow in mid-single digits
BUSINESS
Is FMCG valuation in for a churn as entry of a formidable player looms?
The FMCG sector has faced multiple headwinds, given the demand slowdown and higher commodity prices. With the entry of a new player, the sector is headed for a shakeup
EARNINGS
CCL Products: Growth gets a helping hand
Capacity expansion, higher volume guidance make it a perfect blend. The company is targeting 40 percent growth in FY23 for the domestic market on the back of higher distribution in south and north India
COMPANIES-2
Vesuvius India: Proxy play for higher steel production
Given the high cash levels in the balance sheet, we expect the higher dividend payout to improve return ratios
BUSINESS
What does the recent correction in commodities mean for central banks?
Near-term triggers are China’s macro data and Europe’s energy crisis
EARNINGS
Vedanta: What's the big pull for investors?
Vedanta is present in both ferrous and non-ferrous businesses, including oil and gas, making it highly vulnerable to commodity prices and economic cycles
EARNINGS
SAIL: Better numbers likely from December 2022 quarter
Investors should watch for recovery in volumes, steel prices
BUSINESS
Coal India: Is this outperformance likely to sustain?
Investors need to track FSA price revision, wage negotiations and the premium on e-auction.
BUSINESS
Tata Consumer Products: Food business likely to be the next growth engine
Margins are likely to recover, given the price hikes in the food portfolio
BUSINESS
Hindalco Industries keeps longer term focus on growth
Aluminium business likely to face headwinds with LME prices correcting, and cost of production increasing due to the higher coal cost for the September 22 quarter.
BUSINESS
Marico: Gradual path to recovery
Investors need to keep a close watch on foods and premium personal care businesses as they will be the next engine of growth
BUSINESS
Britannia Industries: Higher raw material prices weigh on June quarter
Investors need to keep a watch on the growth in adjacencies business as the next growth driver
BUSINESS
Godrej Consumer Products: Largely pricing-led growth
Investors need to watch category development and increasing penetration as they will lead to higher volume and revenue growth
EARNINGS
Dabur India: A resilient show
Investors need to watch for a revival in rural markets as Dabur has a high rural dependency
EARNINGS
ITC: Is there more steam left, post the recent run-up?
Sustainability of cigarette volumes, competition from smuggled varieties need to be watched
EARNINGS
Emami: Resilient show despite the odds
Investors need to track the revival of demand in the rural market, and consumption of some of the discretionary products, given the sticky inflation
EARNINGS
Nestle India: Double-digit growth across categories
With prices softening for some of the commodities, we expect margin recovery from the September 2022 quarter
BUSINESS
Colgate Palmolive: Another quarter of subdued performance
Investors need to watch for the growth strategy under the new CEO at Colgate Palmolive
BUSINESS
Tata Steel: A likely fall in September quarter operating performance
Investors need to watch out for the reduction in debt levels and pick-up in volumes as incremental capacities of Tata Steel start coming in
BUSINESS
JSW Steel: Will off-take improve as incremental capacities come up?
Investors with interest in JSW Steel need to watch out for domestic steel demand trajectory
BUSINESS
Hindustan Zinc: Dividend yield to support valuation
Investors need to keep an eye on divestment of government stake during fiscal 2023
