Polycab is well positioned to gain from premiumisation and economies of scale that will lead to significant margin expansion and improved profitability
Ambuja Cements' cost structure is expected to improve while strength in the commercial construction market as well as government-backed infrastructure spending will aid the overall growth in the next 3-6 months
The gross margin of Asian Paints stands to benefit from structurally lower oil prices while the company’s pricing power offers downside protection should oil prices move higher
With economic activities gathering pace, the cyclical recovery in the cement sector seems under way. The stock of UltraTech trades at its highest levels since January 2020
CSB Bank is well on track to transform into a new-age private sector bank
With revenues returning to pre-COVID levels, ACC has structurally improved its underlying profitability, and therefore, could surprise on the upside
The change in consumer preference provides the company an opportunity to augment its portfolio and enhance its presence in the ready-to-eat and ready-to-cook non-veg food market.
GM Breweries has exhibited volume growth of 5-7 percent on a historic basis with a potential to grow at similar rates once the overall macro environment improves
Challenges are expected to persist in the near term, but weak competition and government reforms should pave the way for secular growth for Finolex beyond FY21
The positive momentum for TCI is set to continue in the second and the third quarter though volumes are likely to be lower than last year's as the outlook for fiscal FY21 remains a worry
The fundamentals as well as stock valuations assume little importance at this point of time, but will ultimately come into play once the euphoria blows off to the top with NIFTY surpassing lifetime highs of 12,300
The conservative style of Emmbi Industries in terms of cash flows and investments provides additional comfort in these challenging times
This recall of Albuterol product by Perrigo has an immediate positive impact on the sales of similar respiratory products by competitors such as Cipla and Lupin
Liquor consumption presents an attractive opportunity in India for Associated Alcohols & Breweries (AABL) as the country has a large young population and remains an underpenetrated market in the alcoholic beverage segment
The demand recovery for Heidelberg has been swift on account of the normalisation of supply chain and healthy cash flows in rural markets, but its sustenance will be challenged by sporadic lockdowns and rising Covid cases
Hawkins Cookers is banking on defensive qualities of consumer-staples, which are generally considered safe havens in stressful times
While we expect a sequential improvement for TCI Express in the coming quarters, the path to recovery could be painful due to external factors
From an operational standpoint, Kajaria has the best in class operating metrics in the industry
A double whammy of declining sales and higher expenses will weigh on margins and profitability over the next 2-3 quarters
While there are pockets of the markets that stand to gain in the post pandemic world, many of these stocks will have factored in earnings of many years to justify their current valuation
While we recognize Amber’s strong execution and management capabilities, the company finds itself operating in an environment influenced by plethora of macro-linked external factors.
The stock of Berger Paints has managed to recoup much of the losses even as worries about the profitability and recovery stick on
For Shree Cement, past growth will be difficult to replicate owing to its scale and high competitive intensity
Dalmia Bharat has historically displayed the traits of a strong business. The June quarter was again quite impressive amidst a weak industrial backdrop.
Investors should approach Pidilite with utmost caution as we believe the headwinds are not fully priced into the current rich valuations.