BUSINESS
Cyient DLM: After a soft start, should you remain invested?
The management commentary includes a very strong Q2 performance, and retains revenue growth and margin guidance
BUSINESS
Reliance Industries Q1: Positive results, favourable outlook
RIL’s leadership in retail, oil and telecom will drive sustainable cash flows whereas investment in renewables and clean energy make it an attractive bet on the transformation of the energy sector
BUSINESS
Tata Technologies: Driving in the slow lane
Despite the soft performance, the management has not indicated any industry-wide issues. The company expects to return to sequential revenue growth from Q2 onwards
BUSINESS
Union Budget: Who benefits from a likely push for semiconductors?
The local chip-making industry is likely to grow at a brisk pace over the next 10 years benefiting several companies in this space
BUSINESS
eMudhra: Acquisition to fortify presence in the US market
We remain positive on the business due to its unique value proposition, well-received high-margin products, and a healthy pipeline
BUSINESS
PVR Inox: Why this is a stock to add gradually
The management guides to annual EBITDA level synergies of Rs 225 crore over 12-24 months in the core exhibition business
BUSINESS
Avalon Technologies: Why this EMS business underperformed peers
The management has guided to a 14-18% revenue growth in FY25, which is conservative and significantly lower than its peers
BUSINESS
Discovery series | TBO TEK: Riding the global outbound travel theme
An opportunity to capture highly fragmented offline channel of travel booking.
BUSINESS
Petronet LNG: No valuation comfort in this gas stock
A significant capex, entry into the cyclical petrochem business, and use-or-pay provisioning limit earnings growth potential
BUSINESS
Diamond in the Dust: Why we see correction in GAIL as a buying window
Soft gas prices and rising domestic consumption will easily drive double-digit earnings growth over the next 2-3 years.
BUSINESS
Make-in-India and China-plus-one stocks plunge — Time to book profits or invest more?
Transforming the local manufacturing ecosystem will crucially hinge on the fresh policy push by the new government at the Centre
BUSINESS
Kaynes Technology: After a spectacular run, what should investors do?
OSAT business appears to have priced in current valuation. Hence, approval delay may have an impact in the near term
BUSINESS
Is it the right time to book profit in PSU stocks ahead of the poll verdict?
The valuation of stocks in railway, defence and electronic manufacturing have run way ahead of fundamentals?
BUSINESS
Saregama: Decent quarter; streaming story in the transition phase
A heavy content investment strategy will extend the company’s ability to capture market share in the multilingual markets in India.
BUSINESS
CMS Info Systems: A high-conviction buy
Opportunities in the cash management and managed services businesses appear to be strong, driven by the ATM replacement cycle, network expansion and retail cash business points growth
BUSINESS
GAIL: Is there more upside to the stock?
The management guidance includes an FY25 gas marketing EBITDA of at least Rs 4,000-4,500 crore and volume of 105 mmscmd, and gas transmission volume of 130-132 mmscmd in FY25 and 140-142 mmscmd in FY26
BUSINESS
Info Edge: On a recovery mode, but non-core investments drive valuation
Billing growth and management commentary point to improvements in IT hiring, implying bottoming out of the challenging environment.
BUSINESS
Syrma SGS: Weak quarter; margin headwinds to continue
Management’s FY25 guidance of 40-45% revenue growth and 7% EBITDA margin are achievable, but not sufficient to turn OCF/FCF positive in FY25
BUSINESS
MapmyIndia: Should you ignore the rich valuation?
The MapmyIndia management has an ambitious revenue milestone of Rs 1,000 crore by FY27/FY28, requiring a 38 percent/27 percent CAGR
BUSINESS
Blinkit adds spice to Zomato's next growth phase
Recent operational and stock market performance gives the management sufficient room to execute aggressive strategy while maintaining low-profit margins in the near to mid term
BUSINESS
Mahanagar Gas: Why recent correction is not a buying opportunity
Higher input gas costs and a one-time marketing expense led to a sharp fall in the unit EBITDA
BUSINESS
Intellect Design Arena: Soft quarterly numbers, but outlook is bright
Three new platforms launched to cover procurement and accounts payable solutions for large corporations and governments
BUSINESS
Gujarat Gas: Good performance; should you buy it now?
The management projects an 8-10 percent annual volume growth rate, along with a Rs 4.5-5.5/scm EBITDA over the medium term
BUSINESS
TBO TEK IPO: Should you go with this proxy for travel and hospitality?
Riding the wave of a booming travel industry and having a unique business model, this IPO stands out as a compelling choice for subscription
