MONEYCONTROL-RESEARCH
Why increasing business complications are eroding Tata Steel's predictability
On its part, the company has also been making efforts to simplify and explain the earnings nuances to analysts through multiple presentations.
BUSINESS
Is NTPC hiding its core issues behind dividends and bonus shares?
The company is facing delay in payments from several state utilities and the DISCOMs as state governments spend merrily on social schemes ahead of the elections.
BUSINESS
Adani Ports and Logistics Q3 review: Growth in cargo volume boosts profitability
While the revenue grew by mere 5 percent to Rs 2824 crore, it was largely on account of lower income from the SEZ port-led development income.
MONEYCONTROL-RESEARCH
First cut | Moody’s downgrades Vedanta; better to stay cautious
The cash on books at nearly 50 percent of FY18 net worth has been one of the prime reasons for investors’ apprehensions.
BUSINESS
IRB Infrastructure Developers: Faster execution to drive higher earnings growth
The result was ahead of expectation largely on account of 51% YoY growth in construction segment revenue at Rs 1,253 crore
BUSINESS
Road sector: Time for bargain hunting
Barring a prolonged correction led by extreme uncertainty, some of the construction stocks offer good opportunity.
BUSINESS
Union Budget FY19-20: Infrastructure ignored or overlooked?
BUSINESS
Vedanta: Corporate governance concerns overshadows Q3 earnings
Vedanta's near term outlook may be clouded due to questionable use of cash and subdued global macro outlook
BUSINESS
JSW Energy: Back in power
The stock is currently trading at 14 times its FY19 estimated earnings, which is quite reasonable in the light of cash on its books, moderate financial leverage and strong expected earnings growth.
BUSINESS
KEC International Q3 review: Time to tone down growth expectations
The next two quarters will be crucial as execution may remain muted with private clients facing issues pertaining to credit flow leading to slower execution.
BUSINESS
Here's why Mohnish Pabrai is betting on Rain Industries stock for next 5-10 years
Rain is a global player in its segment, supplying to some of the world's biggest aluminium producers like Rio Tinto and the US-based Alcoa.
BUSINESS
Quick Take | L&T Q3FY19: Strong show eases Street concerns on growth, margin
Net profit for Q3 grew 37 percent YoY to Rs 2,042 crore, much higher than the Street estimates of 18-20 percent growth.
BUSINESS
Quick Take | With buyback no longer an option, how will L&T rectify capital allocation?
L&T had 81 subsidiaries in 2008 that swelled up to 123 by the end of FY17. This has been a major investor apprehension particularly in the light of a majority of them making losses
BUSINESS
Ahluwalia Contracts: Building a multi-year story
MONEYCONTROL-RESEARCH
Why PSU stocks fail to deliver despite all apparent pluses
Total returns from 44 listed non-bank PSU stocks were a mere 3 percent annual growth over the last five years. While the metrics may seem attractive, the returns call for caution.
BUSINESS
Tata Sponge Q3 Review: Cost pressures hurt earning; Usha Martin integration key factor to watch
The company faces twin pressures of falling steel prices and higher raw material costs on its profitability.
BUSINESS
Hindustan Aeronautics: Why returning cash to shareholders could be a better strategy
BUSINESS
Quick Take | Exit from South East Asia could prove value accretive for Tata Steel
The funds and assets deployed in the South East Asia operation can also be used for more productive assets.
BUSINESS
Margin of safety works, IPOs (often) don’t: Key investing lessons from 2018
The concept of margin of safety, articulated by the father of value investing Benjamin Graham, has not lost its relevance even after 90 years of being first proposed.
BUSINESS
Shanthi Gears: Buyback to drive earnings and improve capital efficiency
Shanthi Gears, a leading supplier of industrial gears, is going through a difficult period as a result of low demand.
BUSINESS
Apollo Pipes: A favoured small cap of Dalal Street’s smart investors
The company is doubling its capacity from 53,000 tonnes to 100,000 by the end of FY20.
BUSINESS
Quick take|Indian steel — on shaky ground
Steel companies face the heat as buoyant Chinese production puts pressure on steel prices
BUSINESS
Here’s how ABB’s global exit from power grid business will benefit Indian investors
BUSINESS
Datamatics Global Services: Will investors make money out of this demerger story?
Separate listing of Lumina Datamatics could still offer about 18% gain for shareholders
