BUSINESS
Adani Ports & SEZ trades at low valuations despite strong earnings visibility
Valuations too remain supportive, based on the FY19 estimates earnings of Rs 20 a share
MONEYCONTROL-RESEARCH
SAIL – improved outlook and a reasonable valuation
As against a loss of Rs 685 crore in June quarter last year the company posted a profit of Rs 540 crore in Q1FY19.
EARNINGS
Q1 review: Above-average growth helps L&T post strong quarter
The government’s focus on speeding up the awarding of key projects before the election is leading to strong growth.
BUSINESS
Mining stocks attractively priced
At 6 times FY19 estimated earnings, GMDC remains one of our attractive picks in the mining space
BUSINESS
RITES IPO: Low capital needs, robust cash flows make it a good train to board
The company requires a bare minimum amount of capital to operate because its business generates free cash flow consistently, which is distributed in the form of divided
MONEYCONTROL-RESEARCH
T&D stocks riding on strong government-led capex; positive on Voltamp Transformers
Most T&D stocks are reasonably valued given the growth in earnings
BUSINESS
Construction sector: Strong order book, lower lending cost to ensure strong footing
In Q4FY18 itself, these companies have delivered strong 31 percent growth in earnings on a sales growth of close to 17 percent
MONEYCONTROL-RESEARCH
Ideas for Profit: Coal India's Q4 show ignites new hope
The company is expected to report an earnings per share (EPS) of about Rs 27 a share in FY19.
BUSINESS
L&T: Continues to deliver in challenging industry environment
At the current market price of Rs 1376, price to earnings ratio works out to about 23 times, which is reasonable.
COMPANIES
Godawari Power & Ispat — Walking a tight rope
What investors are buying today is a lot of future expectations. If any of these expectations do not materialise, investors will be left with a highly leveraged commodity company having poor return ratios and volatile earnings history.
BUSINESS
How should investors make a play for the NCLT distressed companies?
While an immediate resolution of these assets and acquisition by a serious player could definitely help revive these companies, will investors make money? The question needs to be seen in the light of the prospective acquisition of the deal.
STOCKS
Gravita India is churning waste into treasure and how
The company will be compounding its equity at a very high rate of return rather than distributing the cash back to its shareholders in the form of dividend.
BUSINESS
Future Supply Chain IPO: Growth at a reasonable price
In terms of growth the recently expanded capacity will add to both sales and net profit apart from its efforts to grow non group clients.
BUSINESS
Maithan Alloys: Upcycle in steel to drive earnings of this low-cost producer
Despite the business being working-capital intensive, its debt-to-equity has remained at an average of 0.7 times and interest coverage at 7 times over the last 15 years.
