BUSINESS
Reliance Industries’ Q2 performance boosts re-rating prospects
RIL’s balance sheet appears in a much healthier shape with a series of fund raising programmes in the last one year
BUSINESS
Strong show by TVS Motor in Q2 FY22, buy for long term
Robust demand recovery, coupled with focus on managing costs, helped TVS post record revenue and operating profit in Q2 FY22
BUSINESS
Mahindra CIE: A decent show in Q3 CY21, valuation attractive
Demand in both India and Europe continues to be strong and the performance of Mahindra CIE is set to improve, with the likely easing of chip shortage. Further, the EV space provides huge opportunities. The company can beat industry growth
BUSINESS
Tata Motors says hello to TPG Rise to unlock EV's huge potential
This transaction assigns a post money valuation of $9.1 billion (Rs 68,250 crore) to TML’s EV business, which is 45 per cent of the current market capitalisation of the listed entity TML.
BUSINESS
Ramkrishna Forgings: Red-hot Q2 numbers lend shine to outlook
Ramkrishna Forgings' Q2 numbers indicate a strong recovery in the export markets
BUSINESS
EV sales are running up in India. Seven stocks to ride
In a bid to move towards cleaner energy and environment-friendly transportation, the world has been moving away from internal combustion engine (ICE)-driven vehicles to battery-driven electric vehicles (EVs). In this note, we identify companies, across the EV ecosystem, which could benefit when EV penetration starts to pick up at a faster pace
MONEYCONTROL-RESEARCH
September auto sales: Semiconductor chip shortage a big dampener
At present, the biggest challenge for auto makers is the supply-side shock from the shortage of semiconductor chips. There are, however, early signs of it easing from October 2021
BUSINESS
IndiGo, SpiceJet go head to head, who can fly higher?
IndiGo continues to be our preferred pick on the back of strong liquidity and leadership position
MONEYCONTROL-RESEARCH
Sona BLW Precision Forgings: A strong candidate on the booming EV space
Sona BLW has already attained a leading position in the electric differential assembly market in the world and continues to aggressively target new products and customers for multifold growth
BUSINESS
Telecom relief package: What does it mean for Vodafone-Idea?
VIL will still need external funding for it to undertake the necessary capex that will enable it to retain subscribers
BUSINESS
Why Sansera Engineering IPO is a compelling bet
The IPO of Sansera has been priced at reasonable levels, and we advise investors to subscribe for the long term, given the massive growth opportunities and its stellar operating performance
BUSINESS
Exide Industries: Exit from non-core business lays a sunny pitch
Exiting the non-core insurance business and overall demand outlook in both automotive and industrial segments remain strong, post the second wave of COVID, Exide is likely to get re-rated
BUSINESS
August auto sales -- Chips are down, the spark goes missing
Auto majors are facing a severe shortage of semiconductor chips impacting production. In fact, most of them have indicated a significant impact on production if supply constraints do not ease
BUSINESS
Airtel dials it up, looks to make the most of new opportunities
Despite a 63 per cent rally from its 52-week low in October 2020, the Airtel stock offers a decent upside
BUSINESS
This auto ancillary stock is worth adding to long-term portfolio
SEL’s diversification across products and clients, promising aftermarket and export potential, and attractive valuations make it worthy of investor consideration
BUSINESS
Ashok Leyland – A pure play on CV recovery in India
Though demand hit a speed breaker due to the second Covid wave, the outlook for the medium to long term looks promising for Ashok Leyland
BUSINESS
Hero MotoCorp Q1 numbers weak; valuation reasonable
Customers’ preference towards personal mobility, a positive rural sentiment, and new products are likely to aid demand for Hero MotoCorp
BUSINESS
Strong show by Bharat Forge amid challenges
The demand momentum in international markets for Bharat Forge is expected to continue and new focus areas are likely to drive growth in the coming years
BUSINESS
Eicher Motors posts weak numbers, opportunity to accumulate
The outlook for Eicher is positive, driven by the pent-up demand for bikes, export demand, significant improvement in the CV segment, an improvement in fleet utilisation, and the resilience in rural demand
BUSINESS
Motherson Sumi: A company for the long haul
At the current market price, MSSL’s valuation is at a discount to its long-term average. We advise investors to accumulate the stock on dips
BUSINESS
A soft patch in the growth journey of Gabriel
What continues to boost our confidence in Gabriel is the sharp rebound in demand across segments and its leadership position. Further, its valuation, at 18.7 times FY23 projected earnings, lends support
BUSINESS
CarTrade IPO: A fast and furious journey to profits?
With an asset-light, profitable business model, CarTrade is poised to grow its size and margins as the sector evolves
BUSINESS
Strong order book and new products to take M&M to the next level
Mahindra & Mahindra's strong leadership in farm equipment, positive rural sentiment, and a slew of new products in the auto segment make it a candidate for the long-term portfolio
MONEYCONTROL-RESEARCH
Escorts – Ride this tractor for long term
Escorts continues to be in a sweet spot as it caters to rural areas where sentiment is very positive.
