BUSINESS
Concor – Solid Q4, but macro concerns linger
Concor’s business has a high correlation with the global economy and the decline in Q4 EXIM volumes is a clear reflection of weakening trade links globally
BUSINESS
Pidilite: Margin pressure to continue
Pidilite is a fantastic business with a proven track record and a promising growth outlook
BUSINESS
Nazara Technologies: Results cheer, solid growth potential
Sportskeeda has emerged as a leading eSports news and content destination in India and is now ranked among the Top 10 portals in the US
BUSINESS
Déjà vu: A repeat of 2008 in 2022 for markets?
In our view, both the Fed and the RBI are making a policy error as tightening is only going to make things worse as the effect of the ongoing liquidity squeeze will only be felt with a lag of 6-9 months
BUSINESS
AC companies: Resurgence in demand boosts Q4 earnings
Voltas and Blue Star continue to trade at elevated valuations, which seem to factor in a majority of the positives
BUSINESS
ACC-Ambuja deal: Adani buy keeps growth levers well oiled
There exists a significant scope of improvement for the combined entity and the realisation of cost synergies is likely to push margins and return ratios higher in the coming years
BUSINESS
Asian Paints: Sustained volume growth, better margins drive Q4
While the paint business is on a strong footing, the management is looking to accelerate its journey into the home improvement space by leveraging the existing distribution network
BUSINESS
Delhivery IPO: Valuation tempers excitement
Dehlivery has a solid market position in the parcel delivery market and a strong record in identifying and solving the operating problems in a highly fragmented and unorganised market
BUSINESS
Havells India Q4: Lloyd shines, but cost increases rein in profits
Backed by a positive revival in demand across product segments, the revenues for Q4 FY22 jumped more than 30 percent year on year (YoY). The top line got a boost from the Lloyd business, which grew the fastest among all segments.
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
