BUSINESS
Ideas for Profit: Venky's a long term play in the consumption space
Backed by favourable socio-economic factors, the domestic poultry industry is expected to grow at a steady pace over the medium to long term
BUSINESS
Tile manufacturers Q2 review – Margin recovery underway; like Asian Granito with long-term view
During Q1 and Q2, Kajaria has displayed resilient operational performance which indicates the superior execution capabilities in a tough market environment
BUSINESS
Ideas for Profit: Top picks from alcohol beverage space after Q2 results
Radico Khaitan commands 6 percent volume share in the IMFL segment. Its Magic Moments vodka brand is highly popular in the mid-market segment and commands a market share of more than 50 percent
BUSINESS
Plastic pipe makers Q2 FY19 review | Strong quarterly show; prefer Finolex Industries
We see Finolex continuing to grow at a steady pace for the next couple of years as it is witnessing good traction in the high-margin CPVC business
BUSINESS
Cement Sector Q2 review: Price outlook weak; focus on cost efficiencies; Prefer Ramco and Star Cements
The industry is traversing through a challenging landscape and the anticipated upcycle in the sector does not seem likely in the near term. In the current environment, we prefer companies with strong market positioning and strict cost focus
BUSINESS
Everest Industries vs Visaka Industries – which stock should investors buy?
The performance of business has benefitted from the stabilisation in industrial demand post the introduction of Goods and Services Tax last year.
BUSINESS
Do you own these 2 attractive picks from the logistics space?
Recent government initiatives (Dedicated Freight Corridors, Sagarmala and BharatMala) along with GST, e-way bill and change in axle load norms is aiding growth as well as formalisation in the sector.
BUSINESS
Heidelberg: Best bet in the midcap cement pack
Heidelberg reported its highest ever EBITDA per tonne of Rs 1,041 in Q2 despite rising cost pressures.
BUSINESS
Ideas for Profit | Mahindra Logistics vs Future Supply Chain Solutions: Which stock should investors buy?
In the first half of this fiscal year, FSCS has added Haldirams, Crompton Greaves and Voltbek Home Appliances (JV between Voltas and Turkey-based Arçelik) and JK Helene Curtis (Raymond Group Company) to its list of clientele.
BUSINESS
Cera Sanitaryware: Decent Q2 in a subdued market; accumulate
The company has superior operational execution among its peers, which gets reflected through its margin, high return ratios and strong balance sheet
BUSINESS
Container Corp Q2 Review: Strong volumes, realisations drive profitability
The jump in realisations during the quarter was mainly on account of a freight rate hike and an upward revision in service charges
BUSINESS
Dalmia Bharat focuses on operating efficiencies to counter Q2 margin pressures
Demand for cement has been fairly strong in H1 FY19. However, pricing power remains elusive as industry leaders prefer to chase volumes
BUSINESS
Kajaria Ceramics: Robust Q2 performance in a tough market
Increase in crude oil and a weaker rupee will continue to have a bearing on natural gas prices and keep a check on margin over the next few quarters
BUSINESS
Hyderabad Industries: Strong Q2 show makes it an attractive long-term buy
Hyderabad Industries is a market leader in the building materials industry and the current stock valuations appear fairly reasonable for accumulation
BUSINESS
Consumer durables Q2 – which stock should you bet on?
From a business perspective, both Crompton and V-Guard have a strong product portfolio as well as execution capabilities and remain well positioned to capture the demand in the market.
BUSINESS
Ambuja Cements Q3 review: Subdued performance amid rising cost pressures
Ambuja Cements currently trades at a trailing EV/EBITDA multiple of 8.3x, which is at a significant discount to similar-sized peers as well as its 5 year average historic multiple.
BUSINESS
Higher oil prices smudge Asian Paints earnings palette
Although the company has reported a pick-up in volume growth in the past three quarters, the management remains cautious as demand is yet to witness a broad-based recovery and competitive intensity continues to remain elevated
BUSINESS
UltraTech Q2 review: Demand remains strong, but pricing power elusive
Outlook for the industry is positive as capacity utilisation continues to move up. The demand-supply dynamics is expected to move in favour of cement manufacturers in the medium term
BUSINESS
Havells Q2 review: Lloyd biz hit by unfavourable business climate; buy on dips
Given its strong positioning, we recommend accumulating the stock during corrections
BUSINESS
ACC Q1 review: Operational performance hit by cost pressures
From a valuation standpoint, the stock now trades at around 11 times FY19 EV/EBITDA and appears little stretched from a near term perspective
BUSINESS
Recovery not yet in sight for Avanti Feeds, Apex Frozen Foods & Waterbase
We continue to prefer Apex Frozen Foods from a business perspective, but volume growth is likely to see some stagnation this fiscal on account of lower domestic production and shrimp disease
BUSINESS
GM Breweries Q1 Review: Margin expansion stalled by increasing cost pressures
Given its strong business fundamentals, the stock seems an interesting bet at current levels
BUSINESS
Concor: Change in strategy a positive for business; accumulate
The company is expected to be a steady compounder over the next couple of years
BUSINESS
Ideas for Profit: Accumulate Heidelberg Cement India on every dip
We continue to prefer Heidelberg Cement from the midcap cement pack as the company has strong positioning in the central market and a superior margin profile compared to peers
