This auto ancillary stock is trading at attractive valuations; buy for long term| Ideas For Profit
Bosch which has its fortunes linked to the CV segment is down around 20 percent from its 52-week high, giving investors an attractive entry point. It has a strong product portfolio and has a 75 percent market share in diesel injection systems. The company is aggressively focusing on developing technology-driven EV solutions for multiple OEMs with commodity prices cooling off, the company may see significant expansion in operating margin. Watch the video to know why you should accumulate the stock.
Grauer & Weil Valuations Turns Attractive: Should You Buy Post Recent Correction? Ideas For Profit
The recent correction in stock markets provides a good opportunity to look at companies such as Grauer & Weil - a high-quality business with reasonable growth prospects and trading at good valuations. The stock has corrected from the level of around Rs 75 last month to Rs 67 a share now. Watch the video to know more
Recovery Ban, NPA Circular: Should you buy Mahindra Finance stock amid ongoing RBI issue? | Ideas For Profit
With recovery on a firm footing, we see reasonably strong earnings from Mahindra Finance, and the stock performance also mimic the same. In a nutshell, Mahindra Finance is a long-term growth story, however, investors should watch out for any knee-jerk reaction from the ongoing issue (RBI ban), and how it could add to the pressure as the company gears up to implement the RBI NPA circular with effect from 1 October, 2022. Should you invest? Watch the vi
High valuations but strong business fundamentals: Should you buy this logistics stock? Ideas For Profit
This logistics player delivered a robust performance in Q1FY23 owing to a pick-up in auto volumes. And the management expects demand momentum to continue till the festive season. Although the stock valuations appear a bit stretched, it merits investors’ attention as the business fundamentals are solid and the market capitalisation offers ample scope for capital appreciation over the long run. Watch the video to know if you should buy it.
This retail stock rallied 30% since mid-June vs Nifty’s 8% gain: Should you buy now? | Ideas For Profit
At current market price, this retail sector stock is trading at P/E of 56 times its FY24 projected earnings, which is reasonable, and MC Pro recommends investors to add the stock to their portfolio. Watch the video for details on the company and its fundamentals
CMS Info Systems outperforms Nifty50: Should you buy at current price? | Ideas For Profit
During economic uncertainty, low beta stocks offer stability and relative protection. CMS fits very well in that ambit and, therefore, makes for an attractive buy for a medium-to-long-term investment horizon. Here’s why
Despite high valuations, buy this stock for long-term gains | Ideas For Profit
This home improvement company continues to demonstrate consistent profits and cash flows quarter after quarter despite the evolving business landscape. While the current trading valuation multiples of the stock appear elevated, the value created from its consistent revenue growth along with an expansion of operating margins will continue in coming years. Watch the video to find out more about the stock that MC Pro recommends long-term investors must buy.
Buy this metal stock to play on rising indigenisation of defence manufacturing | Ideas for Profit
The stock price of this company had consolidated in the range of Rs160-Rs200 for the past three months, and recently saw a 52-week high of Rs233. MC Pro expects around 17 percent and 18 percent growth in FY23 and FY24 on the back of stable margins, and recommends investors with a long-term horizon to add the stock at current levels.
Ideas For Profit |Borosil Renewables: Why the stock is set to gain from solar energy push
Borosil Renewables is the only solar glass manufacturer in the country with an installed capacity of 450 metric tons per day. Nearly 65% of India’s solar glass demand is satisfied by imports from China and other countries. Given trend in RM prices & removal of ADD, see domestic margins stabilize around 20%-25% over FY23-24 which is worth knowing. Here’s why
Ideas for profit | KEC International: Why you should buy the stock despite recent gains
Shares of KEC International made a bottom at around Rs 390 and then moved up to the current level of around Rs 450. Despite the recovery, the stock still offers great value. It is quoting 14 times its FY24 estimated earnings, around its long-term average, which is quite attractive. Here’s why
Ideas for profit | Visaka Industries: Why current stock valuation can expand over medium term
Visaka Industries posted a jump of 37% in revenue for Q1FY23 on a year-on-year basis as positive market momentum in the rural economy translated into healthy volume growth in the core business. MC Pro suggests long-term investors to keep the stock on the radar as the current valuations offer significant scope for further multiple expansion in the medium term. Here’s why
Ideas for profit | Jyothy Labs: Will the stock rebound on rural recovery & improved market position?
Jyothy Labs, having a diversified product portfolio, strengthened its core business with focus on distribution and brand investment despite witnessing high inflationary pressure. The company’s revenue grew 22% in the June quarter (excluding HI business) and the raw material basket increased by 14%. MC Pro suggests investors expecting moderate returns and with a longer term view to buy the stock at current levels and add on declines.
Ideas for profit | This stock outperformed Nifty in last 3 months; Looks set for another 25% gain
This retail stock gained 29%, outpacing Nifty’s 14% upmove since MC Pro’s recommendation three months ago. We remain positive and advise investors to add the stock in the portfolio. While EBIDTA margins improved strongly to 18.4% in Q1FY23, operating leverage, owing to strong topline growth, led to margin improvement. Watch the video to find out the stock.
Ideas for profit | Why LG Balakrishnan looks attractive despite rising input costs?
LG Balakrishnan, operating in a niche segment of auto ancillary industry, has a strong brand, long-term relationship with clients, and strong financials. With leadership position in domestic market coupled with positive industry outlook and reasonable valuations, MC Pro suggests investors to buy the stock. Watch the video for more.
Ideas for profit | AU Small Finance: Strong growth with a new product line, time to buy the stock?
AU Small Finance Bank posted strong numbers despite the stock underperforming both the Nifty and the Bank Nifty in the last four months. MC Pro expects AU SFB to continue on the high-growth path, as it has adequate capital, the right products, cross-sell opportunities and technology backbone to stay ahead of competition. Watch the video for more
Ideas for profit | Speciality Restaurants: QSR & hospitality sectors revive; time to buy the stock?
In Moneycontrol Pro's Discovery Series, we look at companies that are promising but were not under our active coverage so far. And Speciality Restaurants is one such name. With cost control measures, it turned profitable last fiscal (after a gap of six years). We expect profitability improvement to sustain going forward as well. Here’s why
Ideas for profit | SIS: Why investors with longer term view should buy the stock
SIS is a market leader in all the three segments it operates in - security, facility management, and cash logistics services. MC Pro recommends investors with a longer term view to accumulate the stock, and add on declines. Here's why
Ideas for profit | Subros: Can this auto ancillary stock gain from recovery in demand?
Despite headwinds related to raw material costs, Subros continued to maintain its operating margin as is evident from Q1FY23 numbers. With the waning impact of semiconductor shortage and increase in production by auto OEMs, MC Pro believes, the company is well placed to make the most of demand revival in the auto sector. Here's why
Ideas for profit | This PSU stock can gain from outset of freight corridor & pending privatisation
This PSU posted quarterly revenue growth of 10% year-on-year (YoY) and an operating profit of 9% YoY. MC Pro suggests investors accumulate the stock on every correction as the long-term prospects appear upbeat due to the commencement of the dedicated freight corridor and the pending privatisation of the business. Watch the video for more
Ideas For Profit | Should you buy IGL stock despite high import price and domestic gas shortfall?
At the current market price, shares of Indraprastha Gas Limited (IGL) seem to have potential for an upside. Further, changes to the domestic gas price formula may provide long-awaited relief, and is a major trigger for the stock in the near term. What are the other headwinds and triggers for the stock - watch the video to find out
Ideas For Profit | Use market volatility to buy this banking stock on declines
This stock has rallied 56 percent since our recommendation as a ‘tactical pick’, against a 3 percent rise in the Nifty. Despite the run-up, we still see immense re-rating potential. The current volatility in the markets presents a great opportunity to add the stock on every decline. Find out which stock it is, and why MC Pro thinks you should invest
Ideas for profit | RITES: Strong valuations despite recent run-up; Should you buy?
Despite being impacted by Covid-led stress, RITES has reported strong execution along with growth in new orders. While the stock has seen a sharp run-up in the recent months, which could pose some near-term price risk, MC Pro believes the stock still offers good value and should be accumulated on attractive valuations, quality of business and growth opportunity.
Ideas for profit | Buy this steel stock on declines for high dividend returns
This steel stock is a proxy play for increasing steel production. As India is likely to witness incremental production of nearly 15-20 million tonnes of steel in the next 3 years, MC Pro expects this company’s revenue to grow at 20% and 12%, respectively for 2022 and 2023 and also expects higher dividend payout which will improve return ratios. Investors with a long-term view and expecting moderate return can accumulate at current levels and add on declines.
Ideas for profit | Why you should buy DCB Bank despite lacklustre performance in recent years
Despite not-so-impressive performance, MC Pro has a positive outlook on DCB Bank and sees a reasonable upside to the stock price supported by business growth and earnings in FY23. The bank has multiple levers to improve return ratios over the medium-long term and the management also intends to double the balance sheet in the next 3-4 years. Watch the video to know more.
