Moneycontrol PRO

Ruchi Agrawal

Senior Research Analyst

Moneycontrol

Indian Hotels Q2FY19 – encouraging growth in seasonally weak quarter

EARNINGS

Indian Hotels Q2FY19 – encouraging growth in seasonally weak quarter

Going forward, the company aims to improve margins by hiking rates wherever possible, increase in management fee income, higher income from new inventory and cost optimisation in payrolls and corporate overheads.

Decoding the causes and impact of plunging oil prices

BUSINESS

Decoding the causes and impact of plunging oil prices

We believe that very high or very low crude prices are not sustainable in the long run as they impact the number of producers on board the supply ship

Godrej Agrovet: Q2 margin remain compressed; buy for the long term

BUSINESS

Godrej Agrovet: Q2 margin remain compressed; buy for the long term

Although some hurdles in the operating environment have curbed growth at present, we expect these to stabilise and overall earnings to improve in FY19

Tata Chemicals: Weak Q2; capital infusion in high margin business could trigger a re-rating

EARNINGS

Tata Chemicals: Weak Q2; capital infusion in high margin business could trigger a re-rating

A successful deployment of capital in high margin businesses can improve earnings and trigger a re-rating for the stock

Sharda Cropchem Q2: Pressure on margins continues amid China's raw material supply challenge

BUSINESS

Sharda Cropchem Q2: Pressure on margins continues amid China's raw material supply challenge

With closing down of factories in China, the supply has been impacted and this has led to a surge in raw material costs.

Coromandel International Q2 – margin pressure continues

BUSINESS

Coromandel International Q2 – margin pressure continues

Healthy reservoir levels coupled with the forecast of a normal north-east monsoon bodes well for the upcoming Rabi season. With major exposure in the southern states, we believe this would work in favour of a healthy second half for the company.

PI Industries Q2 review – healthy traction from exports

EARNINGS

PI Industries Q2 review – healthy traction from exports

A spurt in raw material costs due to strained supply from China continued to impact the margins.

UPL Q2 review – mixed quarter; worthy of keeping on radar

EARNINGS

UPL Q2 review – mixed quarter; worthy of keeping on radar

In the long run, the Arysta deal could bring in significant synergies, improve margins and push up UPL in the global big league.

Rallis India Q2FY19 review: Marginal improvement in performance but pressure on margins to continue

BUSINESS

Rallis India Q2FY19 review: Marginal improvement in performance but pressure on margins to continue

The company is currently impacted by external operating environment, and the overhang is likely to continue in the near term.

HOEC Q2 show strong, a growth stock to bet on in volatile market

EARNINGS

HOEC Q2 show strong, a growth stock to bet on in volatile market

With production ramping, the company is now focusing on steady and sustainable off take of the produce.

The cure for high prices is high prices, but why it’s not working for oil this time

BUSINESS

The cure for high prices is high prices, but why it’s not working for oil this time

While various nations have indicated their intention to increase production, how much of it would flow back and what would be the timeline is something to watch out for. This would define the contours of crude oil prices in coming months

Reliance Industries Q2: Telecom, retail drive healthy results

EARNINGS

Reliance Industries Q2: Telecom, retail drive healthy results

Jio continued to impress with quarterly performance and despite strong competition, operating revenue increased and the company sustained operating margins as well.

ONGC, Oil India, IOC's forced buyback a near-term positive for the stocks

BUSINESS

ONGC, Oil India, IOC's forced buyback a near-term positive for the stocks

The buyback route is being seen as a tool to meet the year’s divestment target by the government.

Gas distribution companies: Fundamentals strong; stocks attractive after steep recent falls

BUSINESS

Gas distribution companies: Fundamentals strong; stocks attractive after steep recent falls

IGL and MGL are strategically venturing into newer geographies. This would ensure a rapid growth in volumes in the future

What is driving the volatility in oil markets?

BUSINESS

What is driving the volatility in oil markets?

We believe the approaching November deadline for Iranian sanctions could provide some clarity over the global geopolitical moves and would be one point in the timeline to watch out for. Till then prices are expected to remain volatile and news flows could have significant impact on the prices in both directions

Ideas for Profit: Godrej Agrovet & Indian Hotels attractive post-correction; accumulate

BUSINESS

Ideas for Profit: Godrej Agrovet & Indian Hotels attractive post-correction; accumulate

With the growth story for both GAVL and IHCL intact, we find the current price level attractive and would recommend progressive accumulation.

Erratic monsoon may impact kharif output in certain pockets

BUSINESS

Erratic monsoon may impact kharif output in certain pockets

We expect erratic monsoon to have an impact on the Kharif output in Western and Southern states. However, with good reservoir levels we expect a healthy Rabi sowing in months to come.

Gas price revision – Decoding the likely impact

BUSINESS

Gas price revision – Decoding the likely impact

Any increase in the prices of natural gas could have a visible impact on associated sector companies.

Ideas for Profit: Correction provides attractive entry in Insecticides India

BUSINESS

Ideas for Profit: Correction provides attractive entry in Insecticides India

We expect margin to see a slight improvement due to product launches in coming quarters

Inventory gains sugar coat a weak Q1 performance in downstream oil companies

BUSINESS

Inventory gains sugar coat a weak Q1 performance in downstream oil companies

Although there has been a substantial correction in stock prices, we approach the current year with caution given the increasing global uncertainty, rising crude oil prices, growing agitation against higher petrol and diesel prices in domestic markets and government’s unwillingness to reduce taxes on fuel

What’s brewing in the oil world?

BUSINESS

What’s brewing in the oil world?

A plethora of factors like trade wars, weather anomalies in the US, inability of nations to boost production have inundated a negative sentiment, leading to the firing up of oil prices

Hotels Sector Q1 review: Growth momentum to continue on improving dynamics

BUSINESS

Hotels Sector Q1 review: Growth momentum to continue on improving dynamics

Hotel companies reported an encouraging performance amid rising room rates and occupancies. With a favorable supply demand situation we stay positive on the growth story for the sector

Boiling crude: Subsidy sharing could spoil the party for ONGC, Oil India

BUSINESS

Boiling crude: Subsidy sharing could spoil the party for ONGC, Oil India

Given the overall momentum in crude oil prices, we expect both companies to be comfortable as far as revenue is concerned

Tata Chemicals: Capital allocation in high margin businesses key to stock re-rating

BUSINESS

Tata Chemicals: Capital allocation in high margin businesses key to stock re-rating

The stock has surged around 9 percent in the last one month and is 8 percent below its 52-week high

Sections
ISO 27001 - BSI Assurance Mark