The improvement in outlook for Maruti Suzuki, which sells one in two cars in India, is expected to augur well for the fortunes of some of its suppliers.
Though ROEs will be predominantly influenced by growth in consumer-oriented sectors, some capex green shoots are visible in the power utilities, cement, metals, and infrastructure space too.
Overall, we expect Q4 FY18 to be a directionally positive quarter, although the commentary on FY19 would be critical.
As per the financial eligibility criteria set in preliminary information memorandum, IndiGo is the only carrier among domestic carriers which can bid for Air India
Investors should disassociate from these large flow data (read FII and DII) and focus on the merit of individual stocks and invest gradually as high quality stocks give up their bull market gains.
Given the present bearish environment and high market sensitivity, companies across sectors such as FMCG, consumer discretionary, infrastructure, private sector banking, and non-banking financial services may be considered for investments.
Although stocks that belong to the crème de la crème may come across as costly investment options, market corrections certainly provide opportunities to buy them at some point.
Elevated volatility scenario (CBOE VIX: 25 and above) may not necessarily be unsuitable for investment. Historically, they have been amongst the best time to invest, particularly when the global growth indicators are robust.
The general consensus among industry bodies is that RBI could have tightened the existing regulations on LoUs rather than imposing a blanket ban on them.
Maharashtra has a lopsided allocation of resources that favors certain crops and orphans others, which further aggravates the issue of farmers' incomes.
The government has already received interest from IndiGo, a low-cost leading domestic airline, and an unidentified foreign airline.
The government is proposing to cut the price of the BT cotton seeds (Bollgard II) from Rs 800 to Rs 740 per packet (450gm packets). While the move would provide some respite to cotton farmers, it stands to eat away margins of seed companies.
We expect Thirumalai Chemicals' near term volume growth to come from increased capacity for food acids, fine chemicals, the improved operations from Malaysian subsidiary, followed by increased capacity for Phthalic Anhydride (+60,000 MT in 2019).
The annual output from most major crops is expected to jump up with a substantial increase in sugarcane production, followed by cotton, pulses, course cereals, and rice and food grains.
Today, there is an increasing realisation that most state-run banks do not have the requisite skills for complex credit underwriting.
The verbal political battle is likely to impact banking sector reform, but does the sector really needs structural changes
Investors may consider Beekay Steel, Grauer & Weil (India), Kesar Petroproducts, Shivalik Rasayan, Soril Infra, and Ucal Fuel for accumulation in the corrective phase of the market.
The real interest rate differential is shifting in favour of the US market, making the latter a relatively-attractive destination for the portfolio flows.
Government’s impetus on developing food processing infrastructure can benefit firms in the long run.
IndiGo performed well on monthly operating parameters and registered 19.6 percent growth in passenger traffic.
A detailed analysis of the third quarter numbers of over 7600 companies showed all-around improvement in financial parameters. Aggregate sales growth of 8% was better than the 6.7% in the previous quarter. EBIDTA (earnings before interest depreciation & tax) margins improved a tad as well.
The issue stands fully priced in which leaves little on the table for the investors, limiting any near term upside.
Market crashes offer good opportunities for stock picking. But it is important to know which stocks to pick. Ready made queries are now available to help investors identify stocks
Will the RBI be circumspect and await definite signs of growth, or will it prefer to be ahead of the curve by signalling something sooner?
Not reducing corporate tax rate has been termed as a big miss by the finance minister. But data shows not many companies would have benefited from the cut