BUSINESS
Intellect Design Arena: Q3 numbers punch back, valuation reasonable
While global competitors focus on offering SaaS solutions to BFSI clients, Intellect Design stands out with differentiated offerings that are challenging to replicate in the short term
BUSINESS
SJS Enterprises: Decent Q3 FY25, positive outlook, comfortable valuation
Next-gen products, export focus, deeper penetration of premium products to drive growth
BUSINESS
Hindalco Q3 FY25: Top line muted, upstream aluminium business stands out
The company anticipates stable coal costs ahead and this should support the performance of the Indian aluminium business. Carbon prices are also expected to remain flat or slightly negative
BUSINESS
Landmark Cars: Robust revenue growth, but new stores weigh on margins
The after-sales segment offers a steady revenue stream and contributes to high-margin earnings. This segment is expected to grow significantly, going forward
BUSINESS
Metal prices to melt further on Trump’s fresh tariff levy
Indian companies may face sustained profitability pressure though the extent may vary
BUSINESS
Swiggy Q3 FY25: Competition, expansion eat into QC business
The food-delivery segment is expected to grow at a robust pace as also quick commerce
BUSINESS
Indian players set to benefit from National Geospatial Mission in Union Budget 2025
The programme is designed to revolutionise land record modernisation, urban planning, and infrastructure development
BUSINESS
MapmyIndia: Strong guidance, valuation at fair level
The company remains a leader in mapping and geospatial technology, with increasing adoption by both government and industry players as the key growth driver
BUSINESS
Tata Steel: Lower realisation a headache, but cheaper inputs come to the rescue
The UK overhang, excess China dumping, and rich valuations take some of the shine off the stock
BUSINESS
Coal India: Quarterly show sequentially strong, but weak year on year
Poised for substantial growth, given the country’s power demand; valuation undemanding
BUSINESS
For JSW Steel, Chinese imports pose a big challenge
Though earnings declined in Q3 FY25, the company has growth levers in place for a better performance
BUSINESS
IndiGo makes a strong comeback in Q3 FY25
Rise in international demand, the launch of business class, and other factors to provide tailwinds
BUSINESS
Zomato Q3 FY25: Rapid expansion eats into quick commerce margin; outlook positive
Zomato’s aggressive expansion strategy may be hurting it in the short term, but profitability will improve sharply after expansion
BUSINESS
Quick Take | Zomato Q3: Rapid expansion weighs on profitability
Aggressive store expansion in its Blinkit dark store network as competition steps up affecting profitability although revenue growth is robust
BUSINESS
RIL Q3 FY25: Consumer businesses drive performance, support outlook
Trends such as premiumisation and rising digital adoption will benefit its consumer-facing businesses while investments in clean energy will create a future growth driver
BUSINESS
eMudhra: Global markets continue to offer significant opportunities
Cyber security, digital identity, and paperless transformation have a large under-penetrated market. This offers a long growth runway for eMudhra
BUSINESS
Intellect Design Arena: Ready to leverage AI capabilities
The launch of an AI platform, 12 deal wins in Q2FY25, and a growing global footprint are among the winning factors
BUSINESS
December ’24 auto sales: PVs in fast lane; CVs, tractors pick up momentum
The encouraging numbers came on the back of continuing demand momentum in rural areas and a pick-up in infrastructure spends. Year-end discounts also helped
BUSINESS
Indo Farm Equipment IPO: A quality issue at a steep valuation
Strong backward integration helps the company sustain high EBITDA margin
BUSINESS
Carraro India IPO: Leader in the space, but is the valuation justified?
The company enjoys a strong early-mover advantage as it is one of the pioneers in the agricultural tractor and construction vehicle market in India.
BUSINESS
Gabriel India: Foray into sunroof segment gives Q2 a spark
The company continues to benefit from the increasing preference for premium products in the automotive market
BUSINESS
MobiKwik IPO: Can it recharge investors’ wallets?
India’s digital payment market has grown significantly and is projected to expand five-fold in five years. However, thin margins, intense competition, and UPI dominance challenge MobiKwik’s position
BUSINESS
MapmyIndia: Will the stock rerate after the apparent victory of minority shareholders?
The board clarified that the company will continue to prioritise its B2B and B2B2C segments, which currently contribute over 99 percent to revenues and present a significant growth potential
BUSINESS
MapmyIndia: Does the correction after the recent corporate action provide an opportunity?
A new venture will now hold the company’s Mappls brand. While shareholders are justified in thinking they have been deprived of a lucrative D2C opportunity, the existing B2B and B2C businesses also hold promise.
