BUSINESS
IGL: Does this stock have some upside?
The recent change in the government’s stance, under which domestic supply for the priority sector has been increasing, is beneficial for the priority sector volume-heavy players like IGL
BUSINESS
Saregama: No slowdown in growth, but valuation remains flat
Saregama began its event business with six shows of Diljit Dosanjh, spread over two Indian and four Canadian cities and has seen a good response
BUSINESS
What does the recent correction in commodities mean for central banks?
Near-term triggers are China’s macro data and Europe’s energy crisis
BUSINESS
Multiplex sector: Onward and upward
PVR's turnaround has been spectacular and recovery appears to be faster However, it is facing headwinds in Q2 as none of the big budget big star movies managed to do well at the box office
BUSINESS
Zee Entertainment: Multiple headwinds signal more challenges
Revenue outlook is soft and new investors should wait for a better entry point
BUSINESS
Syrma SGS Technology IPO: Attractive business at an undemanding valuation
Syrma is one of the leading players in the EMS space, with a good product mix, catering to high-growth, higher-margin industries, including automotive, industrial, consumer and IT segments
BUSINESS
MapmyIndia: With two records in Q1, the growth map enjoys a moat
Mapmyindia's revenue growth has been picking up with the expansion of the company's order book and new acquisitions
BUSINESS
Oil: Price fall in a tight market makes it a tricky affair
Though crude oil is now trading in the nervous nineties, a sudden flare-up cannot be ruled out
BUSINESS
GAIL: Macro headwinds shadow robust performance
GAIL has been the biggest beneficiary of the gas market turmoil since last year, seeing its gas marketing segment revenue and spread rising rapidly
BUSINESS
Zomato: Strong quarter with promise of profitability
Zomato's food-delivery business hitting adjusted EBITDA breakeven came as a surprise and was well received by the market
BUSINESS
KPIT: A compelling CASE for long-term investment
The KPIT management reiterated the revenue guidance of 18-21 percent in CC terms for FY23, with an 18-19 percent EBIT margin
BUSINESS
Mphasis: Good quarter but valuation tempers excitement
Mphasis's revenue has grown at a 5-year CAGR of 14.5 percent over 2017-22 on the back of direct deal wins, which have grown at a CAGR of 31 percent over the same period, the bulk of them in new-gen businesses
BUSINESS
RIL Q1: Strong showing across businesses
Traction in new age businesses such as retail, media, digital and renewables presents RIL significant scale and scope in times to come
BUSINESS
Cyient: Growth outlook intact despite wage bill headwinds
Cyient's deal win momentum continued unabated in Q1FY23 as well, and it won six large deals of a TCV (total contract value) worth $424 million
BUSINESS
Shemaroo: Weak result, multiple headwinds to continue
Shemaroo has three FTA channels, two of which are expected to break even this year. The third, Shemaroo Umang, has started monetising from July onwards
BUSINESS
LTTS: Strong quarter, but sector de-rating may drag it down further
For LTTS, the 12-month forward PE averaged around 21 times pre-pandemic while the current forward PE multiple is 27 times the consensus earnings, indicating a further potential downside
BUSINESS
ONDC: The crucial test lies ahead
ONDC is offering choices in terms of technology, payment and logistics that can easily help small businesses compete with larger players
BUSINESS
Oil: Can Saudi Arabia cure Biden's problems?
Record inflation and the upcoming mid-term elections in the US have forced US President Joe Biden to mend ties with Saudi Arabia. The US has tried many tricks to lower crude oil prices but has failed to pull a rabbit out of the hat.
BUSINESS
Zomato: Does Blinkit acquisition add value?
Post the Blinkit acquisition, Zomato's losses will increase, delaying the visibility of profits. Therefore, conservative investors should exercise caution.
BUSINESS
How is Castrol placed, post the de-rating of the sector?
Castrol enjoys a 20 percent market share and personal mobility accounts for around 45 percent of the total volume sold
BUSINESS
Gas: How CGD companies are navigating these challenging times
Fourth-quarter performance was better than September’s as international gas prices eased from $50/MMBtu to $20-25/MMBtu. However, the shortage of APM gas continued in the quarter
BUSINESS
Sun TV: Multiple headwinds make light of cheap valuation
Missing OTT strategy, absence of follow-up commentary on OTT investment promise, and a host of other issues make us cautious. We advise investors to wait before making a fresh entry
BUSINESS
Oil: OPEC production increase is too little, too late
With crude oil at $120, retail petrol and diesel prices have under-recoveries of Rs 14 & Rs 24 per litre, respectively
BUSINESS
Matrimony: Rising subscriptions drive growth for this tech platform
Matrimony's paid subscriptions have grown at 13 percent CAGR over FY20-22 to 8.94 lakh
