BUSINESS
Metals and mining: What should investors expect from the Sept 2023 quarter?
Global headwinds have impacted the metals pack. Cost push in the ferrous space has led to higher steel prices, while healthy consumption in the construc-tion, infrastructure and automotive segments will likely support higher volumes
BUSINESS
Dabur India: Steady growth path amid macro challenges
Growth in rural India remains the critical point to watch out for. DIL expects recovery in consumption in urban and rural markets on the back of improving macro indicators, rise in govt expenditure and positive consumer sentiments
BUSINESS
Godrej Consumer Products: In-line performance for the September quarter
Category development, investment behind brand-building the key.
BUSINESS
Marico Ltd: Performance of September 2023 quarter to mirror June 2023’s
Foods business likely to be the engine of growth, going forward. Rural markets are expected to improve in the second half of FY24.
BUSINESS
Vedanta Ltd: Does the demerger make sense for minority shareholders?
Debt repayment or restructuring at Vedanta Resources is keenly watched by the Street
BUSINESS
Dabur India: Can growth accelerate in the medium term?
Recovery of rural markets holds the key, given that nearly 40-45 percent of rev-enue comes from there
BUSINESS
Tata Steel: As visibility of UK profitability improves, is it time to add the stock?
India operations likely to remain the most profitable venture for Tata Steel, given the captive iron ore mines
BUSINESS
Kirloskar Ferrous: Shift to value-added products, cost reduction to support earnings
Cost-saving initiatives, capacity expansion and merger with ISMT will create value for shareholders
BUSINESS
This textile company is set to play the China plus-one opportunity
Faze Three is well placed for a stronger growth, given that a large part of the capex is completed.
BUSINESS
IMFA: Well-positioned to handle volatility
Integrated operations and debt-free balance sheet to help this ferro chrome manufacturer navigate volatile times
BUSINESS
NMDC: Is volume play set for more traction?
NMDC is one of the largest merchant iron ore miners, with proven reserves
BUSINESS
Jindal Steel and Power: Well placed than some of the peers
JSPL has reduced debts and currently focusing on higher volumes and cost-saving projects
BUSINESS
ITC Q1 FY24: Should investors add the stock after its huge outperformance?
With the board approving the demerger of the hotel business, the focus of investors is likely to shift to the growth in the core businesses of cigarettes and FMCG
BUSINESS
Coal India: Higher wage cost, lower e-auction prices
Pressure on imported coal prices will lead to lower e-auction premium
BUSINESS
Emami: Margins to improve, growth likely to come back
Company focusing on rural markets as recovery in this segment is critical. Seasonality in portfolio likely to remain.
BUSINESS
Hindalco: Downstream assets will keep the pot boiling
Investors need to focus on Novelis business, given that it remains the largest contributor to profitability
BUSINESS
Britannia: Volume growth takes focus
Growth from adjacent categories will drive revenue growth while premium products will lend a hand to profitability
BUSINESS
Dabur India: Growth, margin recovery broad based
The company is likely to be one of the biggest beneficiaries of rural market recovery.
BUSINESS
Heritage Foods: Margin trajectory likely to improve
Investors need to watch out for softening in raw milk prices and growth in value-added products, going forward.
BUSINESS
Marico: Outlook improving on the back of margin recovery, likely volume growth
Foods business likely to be the growth engine, going forward. Its growth, compared to other categories, will be higher
BUSINESS
Tata Consumer Products: Food business to drive growth in the longer term
Core categories, like tea and salt, should grow in a sustainable manner for further re-rating
BUSINESS
Nestle India: Consistent performance across the board
Nestle is well placed in various categories it is present; with focus on both urban and rural markets, growth is likely to pick up going forward
BUSINESS
Colgate Palmolive India: All-round performance
Rural market recovery remains the key for better performance
BUSINESS
Tata Steel: Profit share from India to rise in the long term
Tata Steel India operations are integrated and the majority of incremental profits will come from India, given the capex guidance.
