BUSINESS
Fiem: LED, EV adoption key growth triggers
Rising share of light-emitting diodes (LEDs), addition of new clients and new business from existing clients are expected to augur well for the company
MONEYCONTROL-RESEARCH
Gabriel: bright outlook as demand gets into shape
The sharp rebound in demand across segments, its leadership position, and export opportunities continue to boost our confidence in the company. Investors can buy this stock with a long-term perspective
MONEYCONTROL-RESEARCH
This auto component maker remains a favourite. Here's why
A recovery in demand, post COVID-19, for passenger vehicles and two-wheelers, increase in content per vehicle and growth from new focus areas make us upbeat about the company
MONEYCONTROL-RESEARCH
Auto sales: Early signs of easing of supply hurdles in May
With the opening up of the broader economy and free movement of people, post the pandemic, there has been a significant pick-up in demand for three-wheelers (3W)
MONEYCONTROL-RESEARCH
Raw material price shadow on M&M’s Q4; outlook positive
M&M is looking to launch an EV model of XUV 300 in Q3/Q4 of FY23
BUSINESS
Motherson Sumi: Offers significant upside
Demand led to an improvement in top line but cost inflation impacted operating profitability.
MARKETS
Why buy IndiGo despite the sharp rally
Strong demand from both domestic and international travellers can take the company to higher altitude despite rising fuel costs.
BUSINESS
ARBL and Exide: Margins under pressure; soft patch offers good risk-reward
We believe the current stock prices offer favourable risk-to-reward to investors, given the strong standing of these companies, and rising demand both from the automotive and the industrial segments. Moreover, the chip shortage issue is expected to normalise in the months to come
BUSINESS
Ashok Leyland riding well on economic recovery
The outlook for Ashok Leyland, going forward, looks promising as demand has picked up and is better than the pre-COVID levels. Moreover, its strong product portfolio and an increase in market share augur well for the company. The valuation also gives us desired comfort
BUSINESS
Tariff hikes ring in strong numbers for Airtel in Q4FY22
Airtel's India and Africa operations remained strong. A growing subscriber base, coupled with tariff hikes, helped the company post a significant growth in revenues and operating margin
BUSINESS
Strong set of numbers by Bharat Forge, outlook promising
The medium- to long-term demand outlook for the domestic business is promising on the back of pent-up demand, and an increase in economic and industrial activities. Further, the demand momentum in international markets is expected to continue, and new focus areas are likely to drive growth in the coming years.
MONEYCONTROL-RESEARCH
Decent results by Escorts; outlook improves on normal monsoon forecast
he company’s strong position in the domestic market and new products make us confident about its business. Further, its valuation -- 20.1 times FY24 projected earnings -- is at a reasonable level.
BUSINESS
Higher exports, price hikes help Eicher Motors cruise smoothly amid challenges
Sequentially, both Royal Enfield (RE) and the commercial vehicle (CV) segments registered a decent growth in volumes. In fact, operating profitability also improved on a QoQ basis
MONEYCONTROL-RESEARCH
Decent show by Tata Motors despite challenges
Jaguar Land Rover (JLR) volumes continue to be on a downward trend due to the chip shortage. Operating profitability, nevertheless, has improved on a sequential basis. The standalone business also continues to do well, driven by a strong demand scenario.
BUSINESS
Cash Market | Gujarat Gas breaks out of a double bottom pattern
Gujarat Gas breaks close above 50 period average
MONEYCONTROL-RESEARCH
Ramkrishna Forgings: Strong Q4 numbers, promising outlook, buy for long term
The outlook for both domestic and international markets is promising as demand continues to maintain its momentum. Further, new order wins from existing clients and acquisition of new clients boosted the financial performance
BUSINESS
Decent show by TVS Motor in Q4 FY22; buy for the long term
Its focus on managing costs helped TVS stabilise operating margin. The shortage of semiconductor chips, however, impacted production of premium bikes
BUSINESS
Hero MotoCorp Q4: Challenges galore but valuation makes it worthy
Customers’ preference for personal mobility, a positive rural sentiment, opening up of the broader economy, and new products, especially in the premium segment, are likely to aid demand for Hero MotoCorp, going forward
BUSINESS
Supply-side issues slammed brakes on auto sales in April 2022
One of the big concerns for the industry is the continued supply-side shock because of the shortage of semiconductor chips
BUSINESS
Maruti’s performance stable in Q4, operating leverage in the lead
On a year-on-year (YoY) basis, Maruti numbers remain largely stable. It’s primarily due to the commodity-linked cost pressures and shortage of semiconductor chips
BUSINESS
Bajaj Auto: Doing well despite odds; available at reasonable valuation
We remain bullish on Bajaj Auto as the company looks to roll out new products and increase its market share. We also see a significant growth potential in the export markets
MONEYCONTROL-RESEARCH
Mahindra CIE: A strong show in Q1CY22; valuation attractive
Demand in both India and Europe continues to be strong, and the performance of the company is set to improve, with early signs of chip shortage easing.
BUSINESS
Soft patch a good opportunity to accumulate Amara Raja
We believe all concerns have been factored into the price of Amara Raja, which offers a very attractive entry point
MONEYCONTROL-RESEARCH
Delta Corp Q4 FY22: A strong play on India’s gaming industry
The long-term outlook for Delta Corp continues to be positive on the back of increasing tourist arrivals, leading to a strong occupancy in its hotels, and continued traction for online gaming
