BUSINESS
Havells India: Sparkling results, but is it a safe stock to add?
Trading at a FY23 P/E ratio of about 50 times, the valuations of Havells appear to be pricing in meaningful growth beyond the pandemic
BUSINESS
Airtel: Riding the pandemic tailwinds
Long-term trends, such as increasing data consumption, as well as price increases, in line with inflation, will continue to aid top line.
BUSINESS
Does the rally in Hyderabad Industries have more legs?
The gains in Hyderabad Industries' stock price have been largely aided by valuation re-rating as market is catching up to the future business potential driven by changes in revenue mix.
BUSINESS
Pidilite Industries: Market share gains propel Q4 earnings
Over the past 12 months, Pidilite has seen notable improvements in market share as competitors are finding it extremely difficult to operate in an unprecedented business environment
BUSINESS
Asian Paints: It's important to book profits when the going is good
The revenue mix improved considerably in Q4 owing to a higher contribution from the premium and the luxury segments, primarily aided by an upswing in demand from metros, Tier 1 and Tier 2 cities.
BUSINESS
UltraTech – Power-packed numbers in Q4, wait for correction
Earnings over the next couple of quarters could be bumpy owing to the continued headwinds from COVID-19 and accelerating cost inflation
BUSINESS
Strengthening balance sheet makes Dalmia Bharat more appealing
The balance sheet of Dalmia Bharat has strengthened considerably and the net debt/EBITDA ratio reduced to 0.04x at the end of the March quarter
BUSINESS
Ambuja Cements: High conviction long-term buy
Ambuja’s solid balance sheet and improving cost structure offer sufficient margin of safety amid an uncertain demand environment
BUSINESS
Visaka Industries – Interesting value proposition
Visaka’s recent results indicate that the company has made solid progress on market positioning and cost-control initiatives
BUSINESS
ACC: Why we repose faith in the long-term thesis
Its market leadership position, operating efficiencies and a robust balance sheet should help ACC withstand demand fluctuations until market conditions stabilise
BUSINESS
Discovery Series: Deccan Cements merits a deeper look
On an absolute basis, the Deccan Cements stock is valued at an EV per ton of $40 only, which appears a deep discount to the usual-replacement cost of $100
BUSINESS
SastaSundar Ventures -- Turnaround in the making
On a relative basis, SastaSundar trades at a deep discount to competitors even with much better operating metrics
BUSINESS
Market outlook: Expect 20,000 on Nifty by September 2021
Given that the reviving global demand, supply-chain disruptions and hardening of bond yields augur well for commodities, we expect that metal stocks will continue to outperform the broader markets by a significant margin.
BUSINESS
Hawkins Cookers: Secular growth prospects remain strong
Being part of the consumer staples basket, Hawkins is a rather defensive stock that generally exhibits lower volatility than the overall market
BUSINESS
What should investors do, post Nazara Technologies' sizzling debut?
The scarcity of listed tech companies, strong growth outlook, and affiliation with Krafton mean that Nazara is likely to benefit from the buoyed investor sentiment
BUSINESS
Bajaj Healthcare: Multiple growth catalysts in place
The growth on the topline front is likely to moderate as the onset of the pandemic resulted in an unprecedented spike in demand for certain products.
BUSINESS
Emmbi Industries: A compelling value buy
Emmbi stands to benefit from the reopening of the economy and the management is fairly optimistic on the growth outlook for the next 4-5 quarters
BUSINESS
Nazara Technologies IPO: The game is just starting
Nazara’s story is just getting started with a majority of its business lines poised to benefit from structural uptrends in Asia and Africa
BUSINESS
Associated Alcohols – Worth taking a sip
Despite a clean balance sheet and an exciting growth potential, Associated Alcohols is trading at relatively inexpensive valuations of 11 times FY22 earnings
BUSINESS
Hyderabad Industries – The re-rating has to go further
HIL went from deceleration to acceleration in the midst of the pandemic, sending shares up more than 5 times since the lows in March 2020
BUSINESS
Is there any steam left in speeding tyre stocks?
Tyre manufacturers are seeing a stellar ride on the back of a sharp pick-up in demand from OEMs and the replacement segment. The Q3 FY21 numbers corroborate the strong pick-up in the demand post unlocking
BUSINESS
Transport Corporation of India: Back on the highway
While the manufacturing sector has bounced back, the revival in construction activities and higher government spending augur well for the logistics player like TCI
BUSINESS
Cera Sanitaryware – Riding the housing market boom
While rural markets are stable, the resurgence in industrial activity and pent-up demand from tier 1 markets are driving the uptick in business volumes for Cera
BUSINESS
HeidelbergCement India: Mixed Q3, but long-term growth prospects remain solid
Going by the management commentary and the allocations in the Union Budget for infrastructure and housing, FY22 could be a year of strong volume recovery for HeidelbergCement
