BUSINESS
Britannia: Is it the right bite for investors?
Next engine of growth will be higher rural penetration and expansion in adjacent businesses such as bakery and dairy
BUSINESS
Tata Steel: Strong cash flows to support capex, debt reduction, dividend payout
Investors need to watch out for steel demand and prices
BUSINESS
Vedanta: Are majority of the positives priced in?
Vedanta is present in both ferrous and non-ferrous businesses, including oil and gas, making it highly vulnerable to economic cycles and commodity prices
BUSINESS
Hindustan Unilever: Short-term headwinds offer accumulation opportunity
Higher presence in discretionary categories to impact performance of HUL in inflationary times
EARNINGS
Tata Metaliks: Capex on DI pipes to provide visibility, earnings growth
Merger with Tata Steel Long Products, ordering activity in ductile iron pipes remain critical areas to watch out for
BUSINESS
Hindustan Zinc: Valuation prices in most positives
Higher dividend payout likely to limit downside for HZL
BUSINESS
Nestle India: Resilient performance amid headwinds
Pressure on margins likely in the short- to medium-term due to inflationary pressures
BUSINESS
IFGL Refractories: Fortunes tied to steel cycle
Higher capex is expected to result in higher growth in revenues and earnings for IFGL Refractories
BUSINESS
Godrej Consumer Products: Pricing drives topline, margins on a sticky wicket
Investors eyeing GCPL need to watch the performance in the personal-care category as down-trading is likely, given the higher level of inflation
BUSINESS
Marico: Volumes remain elusive, marginal profit growth seen in Q4
Core portfolio — Parachute hair oil and VAHO — unable to grow
BUSINESS
Jindal Steel and Power: Are all positives priced in?
JSPL is in a sweet spot, with debt falling, higher capacity coming on stream and use of captive raw material increasing
MERGERS-ACQUISITIONS
Emami: Brand acquisition a positive for niche, under-penetrated categories
Investors need to watch the rural growth rate in the medium term
BUSINESS
Tata Consumer Products: Business recast leads to simplification of structure
TCPL is trading at a P/E multiple of 41x FY24 earnings. Investors with a long-term view can accumulate at current levels
BUSINESS
Emami: A perfect fit at an opportune time
For investors, the performance of Emami's summer portfolio is the key as the last two seasons were a complete washout
BUSINESS
CCL Products: Stock correction hands an opportunity to investors
Volume growth, capacity expansion in the near term make CCL Products a perfect blend to try
BUSINESS
NMDC: Higher volumes, dividend yield to support valuation
Investors tracking NMDC need to watch out for steel plant de-merger timelines, proper commissioning
EARNINGS
FMCG sector sails into choppy waters
FMCG stocks a defensive play; given valuation and input cost pressures, investors need to be watchful
BUSINESS
Where are metal prices going as Russia, Ukraine dig in their heels?
Metals likely to soften as higher prices will lead to lower volumes and lack of demand from user industry
BUSINESS
SIS Ltd: Facility management, India security business to drive growth
Facility management is likely to be the most profitable area for SIS. Investors need to keep a watch
BUSINESS
IndiaMart Intermesh: Room for growth as more players shift online
Given the growth path of IndiaMart, investors with a longer term view can accumulate the stock at lower levels
BUSINESS
Nalco: Aluminium price rally a boon; what next for investors?
Investors with an eye on Nalco need to closely track alumina, aluminium prices
BUSINESS
How the Ukraine conflict can choke aluminium supply, worsen global chip shortage
Any escalation in the form of severe economic or financial sanctions by the West on Russia can boomerang, worsen Europe’s energy crisis, and turn out to be a perfect storm for the global semiconductor industry
BUSINESS
Steel Authority of India Ltd: Operating profitability to remain under pressure
Investors looking at SAIL need to watch out for coking coal prices and China’s action, post Olympics
BUSINESS
Nestle India: Resilient show in face of multiple headwinds
Higher raw material cost likely to impact Nestle India's margin in the short term. Higher penetration in villages is seen to lead to volume growth in the medium term
