BUSINESS
Havells India Q3: Core growth continues, but margin concerns remain
As the effect of COVID wanes, the spending metrics for consumer durables indicate that the industry-wide growth is gradually returning to pre-COVID levels
BUSINESS
Asian Paints Q3: Margin recovery on track
Asian Paints is looking to leverage the existing distribution network and brand to drive growth in new business verticals
BUSINESS
UltraTech holds out even as demand loses sheen in Q3
The outlook for the UltraTech business appears fairly promising, owing to a combination of robust infrastructure spending and positive consumer sentiments
BUSINESS
GM Breweries: Growth rebounds, but margins under pressure in Q3
The overall market environment benefited from positive consumer sentiment, resulting in higher sales across bars and restaurants
BUSINESS
Venky's – Accumulate For The Long Haul
Going forward, the margins are likely to normalise as the prices of soybean have started coming down due to recent government interventions.
BUSINESS
SastaSundar Ventures: Flipkart deal to push growth into higher orbit
Post the capital infusion and strategic partnership with Flipkart, SastaSundar is planning to penetrate deeper and wider into the Indian market by adding new service locations
BUSINESS
Hyderabad Industries: Stock hits a soft patch, time to add?
The stock of HIL turned out to be one of the strongest performers in 2020/21, with its market cap surging 10-fold from the lows of March 2020
BUSINESS
For Deccan Cements, capacity scale-up a good omen for earnings
The management has maintained a strong financial discipline throughout its history and has been utilising internal accruals to strengthen the balance sheet
BUSINESS
Is an upcycle building for Apex Frozen Foods?
The issues surrounding the industry have been adequately priced in as the Apex Frozen Foods stock is down 65 percent from its 2017 peak
BUSINESS
Market outlook: The rough patch should end soon
Given that a high inflation scenario limits the central banks’ ability to control financial markets, the recent correction in commodities provide a much-needed relief.
BUSINESS
Reliance Industries: Corporate restructuring signals transformational shift towards clean energy
As part of its growth strategy, RIL now plans to transform its traditional energy business and aims to offer decarbonisation solutions
BUSINESS
Discovery Series: Why Palred Technologies demands investor attention
The investment thesis of Palred hinges on rapid growth and the potential to create a consumer lifestyle brand
BUSINESS
Bajaj Healthcare: Correction presents buying opportunity
Over the next 2-3 years, the management is targeting a top line of over Rs 1,000 crore, which equates to a CAGR revenue growth of around 18-20 percent
BUSINESS
Transport Corporation of India: Upbeat growth outlook
TCI is strongly positioned to capitalise on the recovery in domestic and global economies despite near term headwinds
BUSINESS
Berger Paints -- Inflation continues to weigh on margins
The demand momentum is very strong across rural as well as urban markets and Berger’s plants are running at close to 90 percent utilisation rate
BUSINESS
Nuvoco Vistas: Muted Q2 not a dampener for the long run
Nuvoco Vistas enjoys decent fundamentals and long-term investors should keep the stock on the radar for gradual accumulation on any correction
BUSINESS
Kajaria Ceramics leaves its mark on Q2
The bathware segment of Kajaria Ceramics continues to gain market share on the back of a strong brand recall and the expansion of the distribution footprint
BUSINESS
Radico Khaitan – Solid Q2 overshadowed by inflationary pressures
The Radico Khaitan business possesses great premiumisation potential due to its ongoing product portfolio upgrades and market share gains via its comprehensive brand mix and strong sales network
BUSINESS
Amber Enterprises: Confluence of tailwinds underpins the long-term bull case
Amber’s growth prospects are supported by structural growth drivers such as changing consumer lifestyles and the low penetration of ACs.
BUSINESS
Nazara Technologies: Making the right moves
The global gaming ecosystem is set to benefit from the rising penetration of smartphones, availability of high speed data internet and the evolution of digital payment
BUSINESS
Dixon Technologies: Going from strength to strength
The management of Dixon Tech has retained its FY22 revenue guidance of Rs 11,000-12,000 crore with operating margins around 4-4.5 percent
BUSINESS
SJS Enterprises IPO: Will it add aesthetics to your portfolio?
Though the IPO has been priced at a fair value, we advise investors to subscribe for the long term, given SJS Enterprises' dominant position, promising outlook and strong operating performance
BUSINESS
Dalmia Bharat: Q2 resilient, but risks remain
Dalmia’s recent results demonstrate that the company is building on the momentum of prior quarters and cementing the progress of its multi-year journey
BUSINESS
Ambuja Cements Q3 CY21: Rock solid performance
While the demand is on the mend for Ambuja Cements, the scarcity of imported coal/pet coke and surging costs could lead to industry-wide production cuts and margin compression
