JK Paper: Market leader in copier with unmatched brand value | Stock Of the Day
JK Paper is one of the largest players in the domestic pulp and paper market, with rising market share across copier paper and the packaging board segments. Stellar performances in FY23 was on account of multifold growth in volume and sales realisations, and the company saw exponential margin expansions. JK Paper is well positioned to benefit from the long-term sector tailwinds on account of its large-scale operations, backward integration and the improved financial risk profile.
Why this mid sized cement manufacturer merits investors attention? | Stock of the day
Sagar Cement is one of the fastest growing mid sized cement manufacturers in India. The company has diversified its presence from the Southern region, through inorganic and organic means, and has already reached its targeted 10 million tonnes (MT) capacity, much ahead of the management guided timeline.
IGL’s Margin Recovery Is Set To Move The Stock Up | Indraprastha Gas | Stock of The Day
IGL’s margin and volume trajectory signal brisk recovery. Reduction in the gas costs and the policy support should help strengthen its position. IGL enjoys pricing power and previously did not pass on the entire gas cost to consumer and can now retain some of the savings that adds to the margin. Aggressive expansion to New Geographic areas would raise volume and reduce the concentration in Delhi & Surrounding areas therefore offsetting some impact of ongoing EV transition.
Stock Of The Day: Star Health & Allied Insurance | Star Performer In Health Category?
With the healthcare business on an upswing, Star Health, being a pure-play health insurer, is in a sweet spot.
The tussle between MNC parent and minority shareholders is not new
While the parent company may choose to consolidate a future-fit business in a 100% subsidiary for ease of technology transfer and operations, the sudden slump sale when a business is just getting into its stride peeves minority shareholders who look for returns when the cycle turns.
Aditya Birla Capital - Well-Diversified Financial Services Player | Stock of the Day
Aditya Birla Capital is the holding company for the financial services business of Aditya Birla Group and holds a majority stake in various subsidiaries, which operate mainly in the commercial and retail finance, housing finance, asset management, and life and health insurance segments. The company posted an impressive performance in FY23 across lending segments, coupled with improving insurance business. Thrust on cross-selling, investments in digital, and leveraging ‘One ABC’ to support future growth momentum.
Amber Enterprises Is A Key Beneficiary Of The Make in India Initiatives | Stock Of The Day
Despite its slow start to FY23, Amber Enterprises ended the year with a stellar performance. Amber’s Q4 revenue growth of over 50 percent year-on-year (YoY) was fuelled by strong demand across divisions. With strong execution and operational capabilities, RAC and Components division is expected to grow much faster than the industry. The company is gradually diversifying its product offering across business lines, which shall help the company offset the seasonality associated with the RAC segment.
Stock Of The Day: Apcotex Industries | Volume-led growth opportunity awaits
Apcotex Industries, the leading manufacturer of synthetic rubber and synthetic latex in India, is a key beneficiary of import substitution theme. While in last fiscal, it has been impacted by high-cost inventory, we believe this headwind is quickly waning. Further, company appears well positioned to capitalized on medium term demand in key discretionary sectors on the back of new capacities.
Stock Of The Day: Coromandel International | A stock with multiple growth opportunities
Coromandel’s Crop protection chemicals business, was until now, a prime catalyst for the stock - as it has better pricing prospects and is less regulated than the fertilizers segment. With its recently announced move into the CDMO and specialty chemicals business, there are now multiple growth catalysts for Coromandel, that would turn value accretive for the stock.
Stock Of The Day: CEAT | CEAT Tyres Is Poised To Grow With Significant Demand
CEAT is one of the leading tyre manufacturers in India and has partnered with who’s who of the industry. Strong demand in CV, PV and 2W segments coupled with correction in raw material prices make it a strong investment candidate. Diversification and inclusion of high-margin products is expected to improve its profitability over the next few years.
Stock Of The Day: Karur Vysya Bank | Expansion in RoA riding on growth, healthy margin & credit cost
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Stock Of The Day: Godrej Consumer Products | Set For Higher Volume Growth Across Categories
Godrej Consumer Products is part of the 125-year-old Godrej group, having presence across different business verticals. Godrej Consumer Products ranks among the largest household insecticides, air-care and hair-care players in India, Indonesia and Africa. The company ranks number two in soaps in India and number one in air fresheners and wet tissues in Indonesia. With higher volume growth in India and investment behind brand building, falling inventories and introduction of innovative products, Godrej Consumer Products is set for higher earnings growth
Stock Of The Day: Devyani International | What Makes This A Great Bet in QSR Space
Devyani International is the largest franchisee of Yum Brands (KFC and Pizza Hut) in India. With the relative under-penetration of both KFC and Pizza Hut in India, Devyani is aggressively expanding its store reach. Menu innovations based on Indian tastes and preferences would also be a key growth lever. With a reputed promoter, adequate cash generation, and healthy return ratios, Devyani International is on track to deliver industry-leading earnings growth over the next few years.
Stock Of The Day: Sona BLW | Best proxy play to ride megatrend in electric vehicle segment
Sona BLW ‘s stock has been in the limelight as the shares have fallen 35 percent from its all-time high over concerns with regard to demand, especially, in Europe, chip shortage, and commodity-linked cost pressure. However, Sona BLW continues to get new orders and has an order book that is 8x its FY23 revenue, this gives earnings visibility. Also, concerns with regard to chip shortage are easing and commodity prices are also cooling off. This is expected to improve revenue growth and margin expansion, going forward.
Why profit margins of tyre companies might have peaked
Along with moderation in demand for tyres expected in the near to medium term, rising rubber prices may puncture profitability of tyre firms
Stock of The Day: Home First Finance | What makes it a preferred bet in housing finance space?
Incorporated in 2010, Home First Finance is a technology driven affordable housing finance company that targets first time home buyers in low and middle-income groups. Strong investor base has supported it with timely capital infusions, resulting in strong capitalisation and low leverage. It has scaled up the loan book along while delivering strong profitability. With professional management along with a well-capitalised balance sheet, Home First Finance is well poised for the growth in affordable housing finance space.
Stock of The Day: KEC International | Will it benefit from strong growth in public and private capex?
KEC International has accumulated huge orders and now with the stars aligning; that is, improvement in margins and execution, the company is entering a new earnings cycle, which supported by the government and private capex could drive profit growth for the next 2-3 years. Looking ahead, KEC International is optimistic about the demand for its services, driven by global infrastructure development and has strong earnings visibility for the next two years.
Stock Of The Day: Crompton Greaves Consumer Electricals | Should you buy after the sharp selloff?
Crompton has been in limelight as it has tanked around 12 percent in the last month following the announcement of realignment at the top. However, the company has exhibited steady growth over the years and is a well-run professionally managed firm with solid business fundamentals, strong market position and high standards of corporate governance. Changes in business strategy and new growth initiatives, including recent acquisition of Butterfly, are likely to drive profitability over medium to long term. Following the recent correction, Crompton is trading at a lower valuation than majority of its peers, despite the fact that its revenue growth outlook is more or less in line with the industry standards
Stock of the day: PI Industries | Why this richly valued stock is worth the bet
Most agrochemical stocks have showcased weak performance in the past few months, partly due to concerns around channel inventory and the likelihood of sub-par monsoon. PI Industries was also impacted and lost ~20% of its gains, after peaking in Nov’22. For quite some time, PI had been working on inorganic opportunities to enter pharma intermediates, which was a prime catalyst for the stock. Now, with a key step forward in that direction, can the stock pivot with this acquisition?
Can IndusInd Bank narrow the valuation gap with private peers? Stock Of The Day
IndusInd Bank had a tough going in the past, impacted by corporate stress, then trouble with deposits in the wake of another private bank’s near collapse and the issues with its micro finance book. As it embarks on a new planning cycle after putting most of the issues behind, can the stock rerate?
Stock Of The Day I Vijaya Diagnostic I Rising Revenue, Reasonable Valuation, Expansion Mode
The diagnostic sector has undergone significant correction post-pandemic peak. But the most impact was due to the entry of new players either from pharma industry, large industry houses or startups, creating pricing pressure for the incumbents. However, businesses with differentiated business models have been able to tackle the challenge. Further, volume growth opportunity remains strong due to the large untapped unorganised market. It is in this context we look at the leading diagnostic chain from South India - Vijaya Diagnostic centre
Stocks slip, dollar firms as earnings litmus test plays out
Last week’s U.S. bank earnings came in stronger than expected, and this week brings results for Big Tech and a number of big consumer brands in the United States.
Sebi plans to allow mutual funds with performance-based fees
As part of the proposal, the SEBI wants to allow additional charges if a fund consistently outperforms a relevant benchmark index and gives higher annualised returns, according to an internal SEBI document.
LIVE: Sensex, Nifty ends flat amid volatility; Power stocks gain | Bajar Gupshup
Benchmark indices ended marginally higher in a volatile session, with NTPC, Adani Ports, Tata Motors, Bajaj Auto and Asian Paints among the top gainers. Losers included Divis Labs, Eicher Motors, HUL, Dr Reddy’s Laboratories and Hindalco Industries. Catch all the market highs and lows with Yatin Mota on Moneycontrol.
