BUSINESS
Heidelberg Cement India: Yet another poor quarter
Growth has been disappointing for this cement company for the past couple of quarters. Since the setback is more or less priced in, long-term investors can bet on it at the current price
BUSINESS
ACC: Inflationary pressures take a toll on September quarter margins
Though a high-quality business and the long-term outlook is good post Adani acquisition, the current stock valuation and fuel-related risks make us cautious for now
BUSINESS
GM Breweries: Earnings outlook gets some fizz
With an improving earnings outlook on the back of correction in global commodities, along with the arrival of new sugarcane crop, margin recovery should gain momentum
BUSINESS
Delhivery: Moderating growth clouds near-term outlook
With continued operating losses and a high cash-burn rate, Delhivery is in a tight position
BUSINESS
Mahindra Logistics: Acquisition of Rivigo’s B2B express business a mixed bag for shareholders
While the acquisition will help MLL to diversify into newer areas and grow its business, negatives include margin dilution
BUSINESS
Cera Sanitaryware – Quality business at a high price
Cera’s long-term prospects look bright because of high brand salience, comprehensive product offerings, and established distribution network
BUSINESS
Discovery Series | Borosil Renewables: This industry leader has its sunny side up
The numbers for FY21 and FY22 are truly impressive on the back of a big spurt in volumes and favourable government policies
BUSINESS
Visaka Industries: Valuation a top draw with decent growth prospects
While the near-term demand environment remains ambiguous due to the ongoing macro challenges, margins are likely to recover in H2FY23 on the back of a decline in commodity prices
MONEYCONTROL-RESEARCH
Harsha Engineers International IPO: Is it a safe play?
Growth opportunities are bright and the operating performance is strong for this bearing cage manufacturer
BUSINESS
Concor-land policy revision — Wait for the finer details
From a fundamental standpoint, the long-term leasing policy of railway land appears neutral for Concor
BUSINESS
Bajaj Healthcare: Off-colour Q1 no spoilsport for the long run
Capacity ramp-up and new business opportunities should stand Bajaj Healthcare in good stead; any correction a scope to buy
BUSINESS
Concor – A robust play for the long term
Long-term prospects of Concor appear fairly bright with the impending privatisation of the business and the completion of dedicated freight corridors
BUSINESS
Radico Khaitan – Stable growth outlook
Radico Khaitan’s growth prospects are good, but margin headwind and rising debt level take the fizz out of the stock for now
BUSINESS
Pidilite Industries: Strong competitive moat with overly stretched valuation
Pidilite Industries, which owns the popular Fevicol brand, registered a strong revenue growth in Q1FY23. Operating margins continue to remain under pressure from rising input costs, which are likely to affect the upcoming quarters as well
BUSINESS
Margins or market? Voltas goes in for a tradeoff
AC manufacturer Voltas, after losing market share in Q4FY22, has recovered part of its lost market share in Q1FY23, despite tight market conditions
BUSINESS
Apex Frozen Foods Q1: Impressive quarter on all parameters
Business performing on expected lines and the demand outlook is stable
BUSINESS
Berger Paints: Q1 makes its mark, but don't run after the stock
Berger looks to keep its focus completely on paints, waterproofing and construction chemicals
BUSINESS
Dalmia Bharat: Volume growth a bright spot in an otherwise dull quarter
Realisations remain flat due to the muted pricing environment in key operating markets
BUSINESS
Transport Corporation of India: Best in class execution
The logistics company posts record-high revenues in Q1FY23 as all business verticals show healthy increases
BUSINESS
Hyderabad Industries – Operating in a tough spot
Despite growth initiatives, earnings outlook weak amid macro challenges
BUSINESS
Nazara Technologies: Rosy earnings outlook
The company in a vantage position to capitalise on gaming opportunities
BUSINESS
Dixon Technologies: Is the growth story faltering?
Contract manufacturer Dixon Technologies delivered healthy operating metrics for Q1 FY23. However, the business internals were mixed and the June-quarter sales and margins were a bit soft on a sequential basis due to demand slowdown and the challenging cost environment
BUSINESS
Asian Paints: Stock run-up unlikely amid the business sparkle
Since the start of 2022, paint stocks have been under pressure due to concerns about high commodity inflation, sluggish demand, and intensifying competition. Despite these headwinds, market leader Asian Paints has reported a surprisingly good Q1 FY23
BUSINESS
Crompton Greaves Consumer Electricals: Strong growth across segments in Q1
Consumer electrical maker Crompton Greaves Consumer Electricals continued its business momentum from the previous quarter and reported a healthy revenue growth in Q1
