BUSINESS
Defence Shipbuilders: Strong visibility, execution to support higher valuation
The orders in hand and improving execution should help these companies deliver superior growth in the coming years
BUSINESS
KEC International: Expect recovery in the second half of current fiscal
The management remains optimistic about the strong growth prospects in cables, railways, and civil engineering segments, supported by a positive demand outlook in the domestic and international markets
BUSINESS
Engineers India: Slow execution, high valuations big hurdles in the near term
New orders in the hydrocarbon space and expectations of larger PSU projects should augur well for the company
BUSINESS
Va Tech Wabag: Strong earnings visibility, order pipeline to support stock
Execution, strong orders, and the focus on industrial projects are likely growth drivers
BUSINESS
Cummins India: Domestic market to drive growth as exports continue to be challenging
With a higher budgetary allocation for the infrastructure sector and recovery in the domestic industrial sector, demand from user industries is expected to be strong
BUSINESS
Tata Power is entering a growth phase
The company’s strong project pipeline is likely to support growth
BUSINESS
Thermax: Stock running ahead of its earnings growth
The company will have to wait a little for its new initiatives to yield results
BUSINESS
Weekly Tactical Pick: Why this defence stock is still looking good
BEL is one of the few stocks that can provide stability and growth. It still offers a 1.5% dividend yield, compared to the private-sector peers in the defence space that are trading at much higher valuations.
BUSINESS
Ceigall India: Should you subscribe to this construction company IPO?
With specialisation in structure development, the company is qualified to bid for large-ticket projects. It would be a beneficiary of the government’s infrastructure push.
BUSINESS
ideaForge Technology: Stock re-rating hinges on sustainable and predictable earnings
A strong pipeline of orders and a big scope for exports make the management confident about the future though the first quarter saw a dip in performance
BUSINESS
NTPC: A dividend-yield stock now getting re-rated for growth
The company’s profitability is improving and it has a healthy project pipeline that can support increasing power demand
BUSINESS
JSW Energy: Valuation factors in the expected growth
The company is energised by operational efficiency, buoyancy in power demand and prices, and addition of new capacities.
BUSINESS
Larsen and Toubro: Expect better recovery, aided by higher execution, order inflows
Higher public capex allocation in the domestic market and a rebound in the international market are the expected growth levers
BUSINESS
Infrastructure to continue its growth momentum as Budget 2024 retains focus on capex
Strong capital outlay for the infrastructure sector should provide enough revenue visibility particularly in the light of slowdown in the first three months of the current fiscal
BUSINESS
Why this water treatment stock merits attention, post Budget
Strap: The Union Budget focuses on water treatment and management as part of better urban infrastructure
BUSINESS
What can Union Budget 2024 do to sustain the dream run in infrastructure sector?
Budget 2024-25: Railways, Defence and Highways are expected to remain the key focus areas of capital spending. These three sectors together are expected to contribute about 63 percent to the overall budgetary spend
BUSINESS
Hindustan Aeronautics: On a high-altitude orbit
Strong balance sheet, monopolistic business, and other factors augur well for the company
BUSINESS
Bharat Dynamics: Is the defence stock appealing enough after impressive rally?
With a strong focus on innovation and quality, BDL is a key player in India's defence capabilities
BUSINESS
Cochin Shipyard: Is it time to take profit off the table?
Valuations are on the higher side and the outlook for near-term stock returns is not very encouraging at the moment
BUSINESS
DEE Development Engineers: A niche leading player in process piping solutions
The company’s expansion plans are aligned with the expected growth in the process piping market
BUSINESS
KEC International: Too much optimism built into the price
Over the next two years, the company is eyeing an annual growth of almost 15 percent on the back of strong orders and improving execution.
BUSINESS
What construction players to pick as infrastructure projects revive in Andhra?
The revival of the Amaravati capital city development plan in Andhra Pradesh and the expected core push across the country should boost construction stocks
BUSINESS
Will the power sector continue to enjoy investors’ faith, post election?
It is important that reforms initiated in the past are continued under the coalition government
BUSINESS
Diamond in the Dust: Two state-owned power stocks offer value
Valuations attractive for both and there is greater earnings viability
