With a strong order book and expanding capacities, the company is well-positioned to outperform peers with superior returns
Stocks to Watch, 18 August: Stocks like Glenmark Pharma, Inox Wind, Zaggle Prepaid Ocean Services, Easy Trip Planners, KEC International, EMS, Torrent Power, JK Cement, Globe Civil Projects, Indian Bank, ICICI Bank, ONGC, and Tata Power will be in focus on August 18.
The company is also open to acquisitions for new verticals, Jasbir Singh has said. Amber is eyeing a 9% share in the PCB market with the help of the new Electronics Component Manufacturing Scheme (ECMS) and plans to set up India's largest plant in Jewar
Backward integration, improving wallet share, and new product development will be key growth drivers
Experts suggested that Indian electronics manufacturing services (EMS) players may benefit relatively, as India’s tariff rate is lower than those on Vietnam and China.
The Union Cabinet approved a PLI scheme for passive or non-semiconductor electronics components with an outlay of Rs 22,919 crore, Union Electronics and IT Minister Ashwini Vaishnaw said.
Stocks To Watch, Jan 27: Stocks like Balkrishna Industries, JK Cement, IDFC First Bank, Macrotech Developers, Trident, NTPC Green Energy, CreditAccess Grameen, DCB Bank, Bank of India, Torrent Pharmaceuticals, Godrej Consumer Products, RPP Infra Projects, Refex Industries, and Unichem Laboratories will be in focus on January 27.
The market may remain rangebound over the next few sessions, but the overall trend remains bullish. Below are some trading ideas for the near term.
The market is expected to maintain an upward bias amid likely consolidation, with a focus on the outcome of the RBI monetary policy meeting. Below are some trading ideas for the near term.
Stocks like Bosch, MedPlus Health Services, PNC Infratech, Sula Vineyards, Gujarat State Fertilizers & Chemicals, DCX Systems, PTC India, Repco Home Finance, and Varun Beverages will also be in focus on November 13.
This Diwali, here's a look at some of the key sectors to look at in the upcoming Samvat!
The company has a long growth runway owing to massive opportunities in the industry
A leader in the EMS market, the company plans to grow its other businesses significantly, going forward
The domestic EMS market is competitive now and the US operation is currently loss-making and may remain so this year. The US accounts for 54% of the company’s revenues
Poor order book growth and its current composition are two concerns. The share of exports in revenue has also come down.
The company continues to deliver on the execution front, and has been upping the outlook in the past few quarters, beating industry trends
The management commentary includes a very strong Q2 performance, and retains revenue growth and margin guidance