BUSINESS
Weekly tactical pick — Bombay Burmah: An interesting short-term play
Stable valuation of subsidiary company Britannia holds out hope
BUSINESS
Hyderabad Industries – On solid ground
The Net Debt-Equity ratio for Hyderabad Industries is expected to come down further as the proceeds from the sale of HYSIL will mainly be used for debt repayment
BUSINESS
HeidelbergCement: Merits a review for inclusion in shopping list
The demand recovery for Heidelberg has been swift on account of the normalisation of supply chain and healthy cash flows in rural markets, but its sustenance will be challenged by sporadic lockdowns and rising Covid cases
BUSINESS
Hawkins Cooker -- Differentiated rural consumer play
Hawkins Cookers is banking on defensive qualities of consumer-staples, which are generally considered safe havens in stressful times
BUSINESS
TVS Motors hit hard by operating losses
With a sustained rise in volumes, TVS Motors expects to return to operating profit in the July-September quarter
BUSINESS
UltraTech – Solid execution, but frothy valuation
Despite lower capacity utilisation, fixed costs declined 21 per cent YoY as UltraTech took stringent cost-saving steps to preserve capital
BUSINESS
Havells India: Running ahead of fundamentals?
Havells India's stretched working capital is an area of concern, but the management expects working capital levels to normalise once the market stabilises and production gets ramped up
BUSINESS
Asian Paints: Valuation caps upside
Execution and margin challenges will continue to persist for Asian Paints throughout the current fiscal year.
BUSINESS
Ambuja Cements Q2: Resilience to the fore
While FY21 will remain challenging in terms of both execution and margins, Ambuja’s solid balance sheet offers comfort in a constrained liquidity environment.
BUSINESS
Polycab India: Tough times ahead
Polycab’s revenue will continue to show weakness in the near term. However, its cost-saving measures will mitigate pressure on the operating margin
BUSINESS
The worst may be over for ACC
While ACC’s revenues are bound to be impacted by external factors, its cost efficiency and healthy cash position can help weather demand fluctuations till market conditions stabilise
BUSINESS
Heidelberg Cement India: Why this high quality name should be on your investment radar
Heidelberg has the best-in-class margins among national and regional peers because of its low cost advantage
BUSINESS
How to position your portfolio for the coming US elections
A potential change of US regime in favour of the Democrats can have a salubrious impact on the “equity risk premium” - as a more collaborative world would reduce risk.
BUSINESS
Concor: Buy only for the long haul
From an investment standpoint, Concor appears a safe bet considering its cash-rich balance sheet and monopolistic position in the domestic container transportation market.
BUSINESS
Why Dalmia Bharat merits attention
Dalmia Bharat has historically displayed the traits of a strong business as the company has consistently increased market share in the cement industry
BUSINESS
Polycab India: Wait for a correction
Polycab India is well placed to navigate the challenges on the back of its market leadership position and healthy balance sheet
BUSINESS
Berger and Asian Paints: Resilience to the fore, but valuations richly coated
Both companies enjoy strong fundamentals, but we maintain caution on the sector due to elevated valuations and lingering uncertainty over changes in consumer behaviour.
BUSINESS
Investment strategy: A playbook for a bubbly stock market
From a market standpoint, loose fiscal and monetary conditions are the perfect ingredients of a raging bull market in equities
BUSINESS
Pidilite Industries: Book profits as rich valuation caps upside
BUSINESS
This company is our preferred play to ride the ‘Make in India’ theme
BUSINESS
Transport Corporation of India: Bumpy road ahead
BUSINESS
Hyderabad Industries: Rebuilding its business gradually, but valuations have run ahead
BUSINESS
Radico Khaitan: Long-term cheer stays intact
Investors should gradually build positions in the scrip as its valuation multiples appear reasonable
BUSINESS
Crompton Consumer – Cost savings take centre stage
