BUSINESS
Amber Enterprises: Muted demand weighs on Q2 numbers
Margin takes a hit on account of operational costs and foreign exchange loss
BUSINESS
Berger Paints: Gain in market share a bright spot
Correction in raw material prices and an improved product mix to support gross margins going forward
BUSINESS
Pidilite: Margins anticipated to normalise in 2023
Despite strong execution capabilities, there are potential challenges that may limit the company’s near-term earnings growth.
BUSINESS
Kaynes Tech IPO: Should you consider it, despite the expensive valuation?
Kaynes Technology is an EMS player with its revenue diversified across different verticals and enjoys high margins
BUSINESS
Blue Star Q2 leaves its peers behind
Several optimisation measures should drive recovery in second half
BUSINESS
Voltas Q2: Facing stiff competition
Though the company continues to maintain its market leadership, there is height-ened concern about its top-line growth and market share going forward
BUSINESS
Crompton Greaves Consumer Electricals: Q2 revenue trends reveal weakness in core business
Despite the challenging macro environment, Crompton has sustained its investments in brand growth, portfolio expansion, and network expansion
BUSINESS
Dixon Technologies Q2: Superb growth perfectly priced in
The company has multiple catalysts to drive earnings higher, but the stock valuation is stretched at the moment
BUSINESS
Havells India: Are margins going to shape up?
The company is focusing on market share gain but stock appears to be overvalued
BUSINESS
Asian Paints | Capex plan in the spotlight amid impressive Q2 earnings
Though the company’s volume and earnings trajectory are on track, increased competition can be a risk to profitability
BUSINESS
Polycab India: A worthy buy for the long haul
A market leader in the wires and cables segment, the company is well positioned to emerge as an industry leader in the consumer durables market
BUSINESS
Pidilite Industries: Strong competitive moat with overly stretched valuation
Pidilite Industries, which owns the popular Fevicol brand, registered a strong revenue growth in Q1FY23. Operating margins continue to remain under pressure from rising input costs, which are likely to affect the upcoming quarters as well
BUSINESS
Margins or market? Voltas goes in for a tradeoff
AC manufacturer Voltas, after losing market share in Q4FY22, has recovered part of its lost market share in Q1FY23, despite tight market conditions
BUSINESS
Berger Paints: Q1 makes its mark, but don't run after the stock
Berger looks to keep its focus completely on paints, waterproofing and construction chemicals
BUSINESS
Syrma SGS Technology IPO: Attractive business at an undemanding valuation
Syrma is one of the leading players in the EMS space, with a good product mix, catering to high-growth, higher-margin industries, including automotive, industrial, consumer and IT segments
BUSINESS
Amber Enterprises: Long runway for growth
The contract AC maker aims to grow faster than the industry average
BUSINESS
Blue Star maintains margin discipline amid market uncertainty
Despite many challenges, Blue Star (BLSTR) outperformed its peers in terms of sales and margins in Q1FY23. Strong order inflows and improvement in operating margins, despite cost pressure, marks a strong beginning for fiscal 2023
BUSINESS
Dixon Technologies: Is the growth story faltering?
Contract manufacturer Dixon Technologies delivered healthy operating metrics for Q1 FY23. However, the business internals were mixed and the June-quarter sales and margins were a bit soft on a sequential basis due to demand slowdown and the challenging cost environment
BUSINESS
Asian Paints: Stock run-up unlikely amid the business sparkle
Since the start of 2022, paint stocks have been under pressure due to concerns about high commodity inflation, sluggish demand, and intensifying competition. Despite these headwinds, market leader Asian Paints has reported a surprisingly good Q1 FY23
BUSINESS
Crompton Greaves Consumer Electricals: Strong growth across segments in Q1
Consumer electrical maker Crompton Greaves Consumer Electricals continued its business momentum from the previous quarter and reported a healthy revenue growth in Q1
BUSINESS
Havells India: Margins crack further in Q1
Havells India has had a rough start to fiscal year FY23. The company reported strong revenues for the June quarter, but margins remain an area of big concern as expenses are climbing faster than revenue.
BUSINESS
Polycab India Q1: Slump in commodity prices to impact near-term growth
Wires and cables manufacturer Polycab India posted a strong revenue growth in Q1 FY23 on a yearly (YoY) basis. Though the headline numbers appear robust, market internals suggest that the volatility in metal prices is hampering business momentum
BUSINESS
What does strength in dollar index mean for Indian equities?
One-month rolling return on the Dollar index is more than two standard deviation level higher from the average value of returns for last 20 years– the level at which it generally doesn’t stay long.
BUSINESS
Polycab India: A compelling growth story
Consumer durables manufacturer Polycab ended FY22 on a very impressive note, recording its highest top line ever in the March quarter
