BUSINESS
Oswal Pumps taps solar opportunity with IPO-backed expansion
Through its Rs 890 crore issue, OPL will deploy Rs 360 crore to scale up its solar pump production from 2 lakh to 5 lakh units annually
BUSINESS
PowerGrid: Moderate quarter, but project pipeline strong
Outlook looks good on the back of capex plans and diversification drive
BUSINESS
Engineers India: Consistent execution and expanding opportunities
Is the stock ripe for a rerating as the company sets the stage for sustained growth and visibility?
BUSINESS
Ion Exchange: Why you should look at this company despite disappointments in FY25
A strong order book, global chemical opportunities, and prudent cost management offer earnings visibility
BUSINESS
Cummins rides on global tailwinds despite Q4 blip
The company has enough headroom to scale up operations without additional capex
BUSINESS
NTPC: Execution lags, but strong pipeline, subsidiaries support growth
The power utility is in a crucial transition phase and the stock looks undervalued
BUSINESS
India Inc to benefit from Aatmanirbharta goal in stealth aircraft procurement
The AMCA is designed to fill a gap in India's air force, which currently lacks a fifth-generation stealth fighter. The opening up of the field for private companies should lend impetus to the programme and to indigenous capabilities
BUSINESS
Hindalco: Should one look at this stock, post a strong Q4?
Downstream aluminium demand continues to be strong and the company is focusing on capacity expansion
BUSINESS
Va Tech WABAG: Strong execution, financial turnaround power growth
With a net cash position, improved profitability, and a strong order book, WABAG is now well-positioned to deliver healthy growth
BUSINESS
Aegis Vopak banks on LPG boom, capex push for growth, should you subscribe to its IPO?
Based on fiscal 2024 numbers, the issue at the upper end of the price band is valued at 65 times its EV/EBITDA and 41 times EV/sales
BUSINESS
ABB India navigates uncertainty with strong order inflows
The expected easing of global and domestic uncertainties should help the company perform better
BUSINESS
Why the changes in Tata Steel are worth a look
Tata Steel is now focusing on capital allocation. It is undertaking capex, based on the merits of the business and the regions concerned
BUSINESS
Tata Steel’s Q4 earnings take a hit from pricing erosion
Higher volume sales partly offset headwinds
BUSINESS
Coal India: A sequential rise in volume off-take in Q4 in an overall challenging year
Recent price increases, expected production growth, and other factors augur well for the current fiscal
BUSINESS
L&T: Navigating external risks with strong order book, robust balance sheet
The company enjoys a robust order book, and diversified business portfolio. The company’s consolidated order book reached Rs 5.8 lakh crore, reflecting a 22 percent YoY increase.
BUSINESS
Jindal Steel and Power: Worth a look amid the volatile global backdrop?
There is a supply glut in China, and this has led to a surge in cheap Chinese steel entering India. While India’s 12 percent safeguard duty on imports may curb low-cost imports, it falls short of the stronger tariffs in other countries
BUSINESS
Why this renewable energy stock deserves a serious look
Project pipeline, access to capital, and other factors should help in long-term value creation
BUSINESS
JSW Energy plugs into strategic renewable power acquisitions
The company is emerging as a dominant play in the power sector, with a strong balance sheet and the most efficient operational assets in the renewable and thermal power space
BUSINESS
Weekly Tactical Pick: KEC International is plugging into the opportunities in power T&D
Earnings visibility is improving, so is execution
BUSINESS
ION Exchange: Will the two-pronged strategy work?
The company has a multi-faced revenue stream and it is focused on international markets
BUSINESS
Will Germany’s fiscal boost fire up Indian defence stocks?
Germany’s upper house late last week voted in favour of reforming the German “debt brake”, paving the way for a €1-trillion defence and infrastructure investment package
BUSINESS
KEC International: A spike in order book improves medium-term earnings outlook
The company’s order book is healthy and with better execution, particularly in the T&D segment, the management is optimistic about achieving double-digit margins from Q4FY25
BUSINESS
EMS: Strong execution, order book to drive growth
The company follows an asset-light model, maintaining relatively low fixed assets and minimal reliance on debt for working capital. This disciplined approach has allowed it to sustain healthy margins and a strong balance sheet
BUSINESS
IEX: Good bet with earnings visibility; industry environment positive
A favourable industry environment and new ventures like coal exchange position IEX well, making it one of the safe bets in the current environment
