BUSINESS
UltraTech – Bumpy road ahead
UltraTech is pinning its hopes on the demand scenario because of the government’s focus on infrastructure and housing, although the near-term outlook for the industry appears a bit subdued
BUSINESS
Ambuja Cements: Subdued quarter, but all eyes on Holcim’s stake sale
The stock of Ambuja has surged 20 percent in the last one month in anticipation of the stake sale
BUSINESS
The plunging Japanese Yen – precursor to a bigger economic crisis?
Investors should be prepared for extreme volatility, if the central banks are unable to engineer a so-called "soft landing" for the global economy
BUSINESS
ACC: Trouble spots pop up on earnings canvas
In the absence of any major cement price hikes, persistent raw material inflation and supply-chain constraints will drag the company's margins over the next 2-3 quarters
BUSINESS
GM Breweries: Rising costs overshadow Q4 results
The stock should be kept on the radar for accumulation on dips as profitability looks well poised to benefit from the cyclical improvement in margins
BUSINESS
Sterling Wilson Renewable Energy: Favourable long-term prospects beat short-term headwinds
Execution risks will remain, but we believe that further deterioration is unlikely for SWREL, given the industry tailwinds and the strength of the new promoter group
BUSINESS
Will the oil shock trigger a 2008-style global recession?
Rather than equities, investors should look to increase their allocations towards safe haven physical assets such as gold and silver, which have historically outperformed equities during periods of uncertainties as well as elevated inflation.
BUSINESS
Sterling & Wilson Renewable Energy: Is a case for solid growth building?
The stock has corrected more than 35 percent from its 52-week high in October 2021 and is trading at a deep discount to Reliance’s acquisition price of Rs 375 per share
BUSINESS
Associated Alcohols: Loaded with long-term potential
AABL’s margins in recent quarters have been eroded by the higher prices of raw materials
BUSINESS
Dixon Technologies: Growth holds up, margin feels the heat
The Dixon stock price still appears running ahead of fundamentals and investors should ideally wait for better price points
BUSINESS
Transport Corporation of India: Sailing with the wind
The Seaways vertical has delivered exceptional profits in Q2 and Q3 for TCI, led by additional cargo shipments to Myanmar
BUSINESS
Crompton Consumer spreads its wings, with buyout of Butterfly Gandhimathi
In FY21, Butterfly clocked a revenue growth of 27 percent despite the pandemic disruptions
BUSINESS
Blue Star, Voltas or Amber Enterprises: Which is the best buy?
Voltas and Bluestar continue to trade at elevated valuations, which seem to price in the positives. Investors can look to accumulate Amber on correction
BUSINESS
Is Ambuja Cements a buy or sell after recent earnings?
Elevated energy costs continue to pose a threat to Ambuja’s near-term margin profile
BUSINESS
Berger Paints: With recovery gaining ground, should you buy it?
Investors should wait for further correction in Berger Paints as this will provide a better risk/reward profile
BUSINESS
Nazara Technologies: Correction offers an opportunity to add up
Nazara’s business is set to gain from the rising penetration of smartphones, availability of high speed data internet and the evolution of the digital payment ecosystem
BUSINESS
Concor – Stable growth outlook
The EXIM volumes rose 3 percent YoY as the operations got impacted by container shortages and COVID third wave
BUSINESS
Radico Khaitan – Time to take a swig?
Radico Khaitan has announced a Rs 740-crore investment plan to set up a new greenfield distillery at Sitapur and upgrade the existing plant at Rampur
BUSINESS
ACC Q4 CY21: Steady quarter in a tough environment
The 35 percent jump in budgetary capex allocation is expected to have a spillover effect on demand across core sectors such as cement and steel
MONEYCONTROL-RESEARCH
Dalmia Bharat Q3: Mounting inflationary pressure remains a concern
While Q3 FY22 of Dalmia Bharat was impacted by weather-related events, they should be transitory in nature and the long-term story remains intact
BUSINESS
Budget 2022 — Green energy economy gets a big push from solar PLI
The upward revision in PLI will pave the way for private capital and open up employment opportunities
BUSINESS
Pidilite Industries Q3: Margin woes continue
The Pidilite management expects the supplies to normalise in the next 3-4 months, and has indicated that the Q4 margins will also be impacted by elevated key input prices
BUSINESS
Polycab India: The future looks great
Upswing in real estate, infrastructure and manufacturing have been aiding Polycab’s growth in the institutional pockets
BUSINESS
Inflation – a death knell for the bull market?
We advise investors to take the money out of risky asset classes and take a defensive stance over the next few weeks. The bear market in small-caps and mid-caps is just getting started, and the stocks falling under these categories will see major sell-offs until inflation fears subside
