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
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
