BUSINESS
Dixon Technologies Q2: Superb growth perfectly priced in
The company has multiple catalysts to drive earnings higher, but the stock valuation is stretched at the moment
BUSINESS
Havells India: Are margins going to shape up?
The company is focusing on market share gain but stock appears to be overvalued
BUSINESS
RIL Q2: Retail, telecom shine, offset weakness in legacy business
With focus on financial services which can be offered in combination with digital services and retail, RIL is set to become a powerhouse in consumer businesses
BUSINESS
Asian Paints | Capex plan in the spotlight amid impressive Q2 earnings
Though the company’s volume and earnings trajectory are on track, increased competition can be a risk to profitability
BUSINESS
Polycab India: A worthy buy for the long haul
A market leader in the wires and cables segment, the company is well positioned to emerge as an industry leader in the consumer durables market
BUSINESS
UltraTech – Limited margin of safety at current levels
The increasing competitive intensity in the cement sector is likely to pose a big threat to UltraTech’s premium valuation
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
