Business performing on expected lines and the demand outlook is stable
The logistics company posts record-high revenues in Q1FY23 as all business verticals show healthy increases
Despite growth initiatives, earnings outlook weak amid macro challenges
The company in a vantage position to capitalise on gaming opportunities
Robust growth in the individual segment and lower credit costs bolster performance
Market factored in concerns: stock presents a decent risk-to-reward ratio
The management is optimistic on the demand scenario because of the government’s focus on infrastructure and housing
Cement volumes are likely to get support from the government’s capex push and normal monsoon
One-month rolling return on the Dollar index is more than two standard deviation level higher from the average value of returns for last 20 years– the level at which it generally doesn’t stay long.
SWREL is targeting ~ $1 billion (Rs 7,000-8,000 crore) of new EPC orders from its current bid pipeline
Newcastle coal futures are trading near $430 per tonne, just shy of a record peak touched in early March, amid robust demand, falling Russian deliveries and supply-chain disruptions, among others
GM Breweries' entry into the ethanol market could turn out to be a big growth engine for the overall business in the coming years
In FY23, the management is planning to introduce 3-4 new products, through reverse engineering in APIs
Growth moderation and rise in interest rates are headwinds for life insurance companies
Home First stands out in the crowded affordable home financing space
The probability of disruptors getting disrupted have increased as fintechs stare at big regulatory risks
The company has all the necessary ingredients (cash, people, capability, technology, experience etc.) to scale its business and there could be major margin unlocks that might play out over the next 3-5 years
The stock has corrected more than 50 percent from its 52-week high price seen in mid-March’22
Asset quality issues are behind. The bank has put in substantial efforts in diversifying and de-risking its asset book away from unsecured micro-finance
We advise strong caution on UltraTech and Shree Cement as the entry of Adani poses the biggest risk to their market share as well as super-rich valuation
In an inflationary environment with a looming threat of an economic slowdown, the decline in valuation usually precedes the downward earnings revisions
Short term hiccups abound but structural growth story intact
A lot of action is happening in the paint industry. Asian Paints and Berger Paints, the long undisputed leaders, are now facing the heat of competition. With so many players, many of them biggies in allied sectors, entering the fray, the sector is just starting a valuation de-rating cycle. This is not the time to hold paint company stocks
Business fundamentals of Amber Enterprises solid; growth prospects promising
The logistics player needs to keep on churning strong growth metrics as the current valuation is expensive, both on relative and absolute basis, and leaves no scope for error, in case growth starts to falter or even taper