Business Finance News

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 | 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 | 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 | 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.

Stock Market Live: Own an FMCG stock? You should be worried | Markets with Santo & CJ

RIL has announced its entry into the highly competitive FMCG sector via Reliance Retail. CJ believes new competition could hurt valuations of FMCG stocks but Santo sees limited risks. Watch the duo clash heads over what RIL's entry means for FMCG stocks plus their thoughts on Escorts and BLS International

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.

Ideas for profit | This auto stock outperformed 2W industry despite market correction

Despite the steep market correction, demand concerns related to electric vehicles across Europe, and the shortage of semiconductors, MC Pro recommends investors accumulate this stock in a staggered manner given its significant presence in the two-wheeler segment. Watch the video to find about the best proxy for two-wheeler segment growth

Ideas for profit | GRSE: Should you buy the stock post 18% correction from recent high?

The share price of Garden Reach Shipbuilders and Engineers' (GRSE) has corrected recently led by overall weakness in the stock market. The stock has fallen from the high of Rs 324 per share in May 2022, to the current price of around Rs 260 apiece. Interestingly, with close to a 3 percent dividend yield, valuations are quite attractive at 9 times its FY24 estimated earnings. Should you invest for the long haul? Watch the video to find out

Ideas for profit | Strong earnings, EV focus & robust portfolio makes this auto stock a worthy bet

Despite raw material challenges, this auto ancillary company sustained healthy performance in Q1FY23m reporting sequential growth in net revenue, driven by higher share of the commercial vehicles segment. Given a strong order book and robust product portfolio, MC Pro believes this stock is worth buying. Watch the video to know more

Ideas for Profit | Is this chemical stock worth a buy despite management lapses, muted valuations?

MC Pro recommends this chemical stock to high-risk investors as legal disputes and weak performance have led to muted valuations. We believe the company’s growth trajectory may move up from here compared to 9% CAGR in EBITDA over FY18-22. Watch the video to find out more about the stock

Ideas for profit | Has PVR become attractive since stock price correction ahead of Inox merger?

MC Pro continues to be bullish on the movie exhibition sector and raised its FY24 revenue & EPS estimates for PVR by 5.8 percent and 9 percent, respectively. PVR's share price has corrected 13 percent from the 52-week high this month. Is this the right time to buy? Watch the know to find out

Ideas for profit | Apex Frozen Foods: Stock rallies as supply chain bottlenecks ease; Time to buy?

Apex Frozen Foods reported a promising set of numbers in Q1FY23. The business is making good progress as supply chain bottlenecks seem to be easing and volumes are also improving. The stock has seen a sharp upmove of around 30 percent in recent weeks. Are the current valuations reasonable from a long-term perspective, or should you wait for some correction before buying the stock? Watch the video to find out

Ideas for profit | ABB India: Can the stock generate higher returns?

Capital goods and engineering companies are looking up after a long time. Despite higher commodity prices and interest rates, most of these companies have reported strong order inflows, and a very healthy pipeline. Reflecting this trend, ABB India has reported its highest quarterly revenue for the first time after COVID-19. While further re-rating is ruled out, stock returns would eventually track the earnings growth. Watch the video to know if you should invest.

Ideas for profit | Divi’s Labs: Should you buy the stock despite weak margins & rising costs?

Divi’s Labs reported a weak performance on the margins front in its latest quarterly result with EBITDA margins contracting by 630 bps QoQ. However, MC Pro expects part mean reversion in the coming months as prices of solvents and basic chemicals have moderated. Here’s why we think you should buy the stock during weak phases of market

Ideas for profit | Page Industries: Strong earnings and expansion plans to drive the stock higher?

Page Industries reported record sales and net profit in the last quarter despite a steep increase in cotton as well as fuel prices. As the management aims to gain market share by aggressively enhancing the distribution presence and filling product gaps, MC Pro recommends buying the stock.

Ideas for profit | Strong growth despite commodity cost inflation; Should you buy this auto stock?

The shares of this automotive giant are trading at a 20 percent discount to fair value, and MC Pro recommends investors accumulate the stock for the long term. The outlook is positive, driven by a pent-up demand preference for premiumisation, sharp momentum in exports, significant growth in the CV segment, and an improvement in fleet utilisation. Watch the video to know which stock this is and if you should invest.

Ideas for profit | IHCL: Can earnings & valuation re-rate on back of hotel sector upcycle post COVID?

IHCL looks poised to deliver 33 percent EBIDTA margins by 2025. At CMP, the stock is trading at EV/EBIDTA of about 20 times its FY24 estimates. Given the hotel sector upcycle, earnings estimate as well as the valuation multiples can re-rate. Here's why

Ideas for profit | This auto stock offers strong gains from current levels; Buy on dips for long term

This automotive giant’s Q1FY23 performance was in-line, driven by auto segment that arrested the weakness in tractor business. Its order bookings and demand continue to be buoyant from the medium-long term perspective. This, coupled with the company’s strong leadership in farm equipment makes it a candidate for the long-term. Watch the video to know which stock this is and if you should invest for the long haul

Ideas for profit | MAS Financial: Trading at steep discount to its IPO valuation; Should you buy?

MAS Financial has maintained high quality of earnings backed by decent growth in Q1FY23. With economic activity picking up and a stable funding scenario, we expect strong earnings growth in the next two years as well. Given the consistency and quality, MC Pro suggests the stock should find a place in your long-term portfolio. Watch the video to know if you should invest

Ideas for profit | This SaaS co may gain from travel demand; Buy the stock amid market volatility

The largest software as a service (SaaS) company in the travel and hospitality industry in India is helping travel brands maintain rate integrity across multiple points of sale online, forecast demand and manage their online reputation. MC Pro advises investors to add this company’s stock gradually on decline for the long haul. Here’s why

Ideas for profit | Metro Brands: One of the best performing retail stocks; Should you buy?

Metro Brands posted its best-ever quarterly results in Q1FY23. With aggressive store expansion and a strong growth outlook, it has efficiently managed the inflationary cost pressures, reporting margin improvement in June’22 quarter. The stock has hugely outperformed the market and MC Pro retains a positive view on MBL, and advises investors to add the stock to their portfolio. Here’s why

Ideas for Profit | JK Paper: Stock offers reasonable upside on earnings visibility

Post the pandemic, JK Paper has emerged stronger, displaying resilience during downtrends and bounce-back during recovery. Despite the recent spike in major input costs, the company delivered an all-around performance in Q1FY23. Can JK Paper sustain the strong earnings trajectory from hereon? Watch the video to find out.

Ideas For Profit | VIP Industries: Why current market volatility is the right time to buy this stock

VIP Industries has a strong balance sheet, and MC Pro expects a healthy earnings CAGR for the next few years. The valuation still seems to be at a discount to most other consumption categories. Does the stock offer good potential and is VIP a strong play to ride the sector tailwinds? Watch the video to find out