BUSINESS
Intellect Design Arena: Why the stock's below-par show is an opportunity to buy
Modernisation needs of large, small, and medium financial institutions are critical factors in a largely tech-driven banking and financial services industry. This would entail a strong spending trajectory, benefiting Intellect Design.
BUSINESS
Avalon: Why should investors wait before making an investment?
The domestic EMS market is competitive now and the US operation is currently loss-making and may remain so this year. The US accounts for 54% of the company’s revenues
BUSINESS
LTTS: Weakness persists in Q1 FY25, valuation at a premium to peers
The company aspires to be among the top five global ER&D services firms, with a medium-term revenue target of $2 billion and an EBIT of 17-18%.
BUSINESS
Gujarat Gas: How should you approach the stock after merger of promoter entities?
Domestic demand is expected to remain good, going forward, supported by favourable LNG and CNG prices compared to auto fuel price
BUSINESS
Kaynes Technology: Should you buy, post the OSAT approval?
Most of the recent initiatives of the company are priced into the stock
BUSINESS
Petronet LNG: Why investors should book profit
The upcoming capex spending in the petrochemical business is likely to put pressure on margins, given the debt-funding cost and weak margin environment
BUSINESS
PVR INOX: Better show in sight, valuation still reasonable
The company is trying to grow the business through loyalty programmes, rental negotiations, debt reduction, and by setting up food courts with Devyani International.
BUSINESS
Zomato widens its platform basket with foray into event-ticketing business
Event market is estimated to be around $1.8 billion in India, and it is growing at a single-digit rate. Increasing smartphone penetration and rising incomes have made it easy for consumers to discover and attend events.
BUSINESS
Cyient DLM: Should investors worry about the stake sale by parent Cyient?
Rising domestic demand, China production de-risking by global OEMs, and government policy support work in favour of the company.
BUSINESS
CMS Info Systems: A long-term investment story
CMS Info Systems has a fairly sizeable opportunity to expand its existing business, with an ongoing ATM refresh and branch expansion cycle in the under-penetrated Indian ATM market.
BUSINESS
MapmyIndia: Muted revenue growth, unsupportive valuation
The company plans to invest more in visibility and overall growth strategy. Therefore, it didn’t give any commitment to maintaining the 40% EBITDA margin guidance.
BUSINESS
Info Edge: Good start to FY25, IT hiring recovery to dictate growth curve
Expectations of the recruitment business seeing healthy demand may very well be reasonable as many of the IT companies have seen an increase in utilisation rates.
BUSINESS
Saregama: Muted quarter, music OTT transition to drive value over the medium term
The company is set to spend Rs 300 crore on new content this year as part of its ambitious 3-year Rs 1,000-crore content acquisition strategy.
BUSINESS
Syrma SGS: Margin weakness persists, question mark on outlook
Poor order book growth and its current composition are two concerns. The share of exports in revenue has also come down.
BUSINESS
Unicommerce eSolutions IPO: Tapping the e-commerce potential
High gross margins and stable fixed costs driving operating leverage for the SaaS company.
BUSINESS
eMudhra: A good bet on paperless transformation
Cyber security, digital identity, and paperless transformation have a large under-penetrated total addressable market. This offers a long growth runway for eMudhra.
BUSINESS
Zomato dishes out tasty earnings numbers helped by quick commerce
Q-commerce potential, market leadership, and other factors to help sustain rapid growth going forward
BUSINESS
GAIL: Why we do not see an upside in the stock after a good Q1 performance
On an absolute basis, transmission volume grew by 8.1 mmscmd QoQ, of which demand for 4-5 mmscmd came from the power sector.
BUSINESS
Intellect Design Arena: Quarterly show weak, but investment case strong
Intellect is on the same margin trajectory as other global peers who are betting on the new-technology adoption theme with a large addressable market in the BFSI sector.
BUSINESS
Kaynes Technology: Strong execution in Q1 FY25, valuation fully captures upside
The company continues to deliver on the execution front, and has been upping the outlook in the past few quarters, beating industry trends
BUSINESS
Mphasis: Soft quarter with all signs of recovery
After several quarters of weak shows, things appear to be turning around for Mphasis as all indicators point towards a shift in BFSI spending.
BUSINESS
Cyient: Below-par show in Q1 FY25, weak FY25 outlook
The management expects revenue growth in the next three quarters to be delivered through the execution of order backlog in connectivity and new growth verticals.
BUSINESS
KPIT: Strong quarterly show, but is valuation playing ball?
The company continues to deliver strong growth with margin expansion, unlike large ERD players in India and overseas.
BUSINESS
Who gains from the Budget boost to land records management?
The GIS based digitisation initiative in the Union Budget should help infrastructure development
