BUSINESS
Associated Alcohols – Should you say cheers now?
AABL’s volumes are expected to improve further following its recent foray into Uttar Pradesh — one of the largest liquor markets in the country
BUSINESS
Crompton Consumer: Improving sales trend, capital structure reset to drive profitability
Crompton Greaves Consumer Electricals has benefited from the pandemic-triggered demand shift towards e-commerce channels and modern retail stores
BUSINESS
GM Breweries Q2 FY21: On the path of recovery
GM Breweries has exhibited volume growth of 5-7 percent on a historic basis with a potential to grow at similar rates once the overall macro environment improves
BUSINESS
Finolex Industries: Growth lags, but balance sheet provides stability
Challenges are expected to persist in the near term, but weak competition and government reforms should pave the way for secular growth for Finolex beyond FY21
BUSINESS
Transport Corporation of India: Outlook improving, but wait for the right level
The positive momentum for TCI is set to continue in the second and the third quarter though volumes are likely to be lower than last year's as the outlook for fiscal FY21 remains a worry
BUSINESS
Investment Strategy: Is a NIFTY ‘melt-up’ on the cards?
The fundamentals as well as stock valuations assume little importance at this point of time, but will ultimately come into play once the euphoria blows off to the top with NIFTY surpassing lifetime highs of 12,300
BUSINESS
Emmbi Industries: The rural market should save the day
The conservative style of Emmbi Industries in terms of cash flows and investments provides additional comfort in these challenging times
BUSINESS
Allcargo Logistics: De-listing provides downside protection, business shows long-term opportunity
Positive developments such as the commencement of warehouses and restructuring of Gati will help improve earnings over next 12-18 months
BUSINESS
Associated Alcohols - Is it time to say cheers?
Liquor consumption presents an attractive opportunity in India for Associated Alcohols & Breweries (AABL) as the country has a large young population and remains an underpenetrated market in the alcoholic beverage segment
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
