The market regulator has notified social media platforms like Facebook, Instagram, Telegram, and YouTube, urging legal action against those spreading false stock market claims.
Shares of KEC International made a bottom at around Rs 390 and then moved up to the current level of around Rs 450. Despite the recovery, the stock still offers great value. It is quoting 14 times its FY24 estimated earnings, around its long-term average, which is quite attractive. Here’s why
Jyothy Labs, having a diversified product portfolio, strengthened its core business with focus on distribution and brand investment despite witnessing high inflationary pressure. The company’s revenue grew 22% in the June quarter (excluding HI business) and the raw material basket increased by 14%. MC Pro suggests investors expecting moderate returns and with a longer term view to buy the stock at current levels and add on declines.
AU Small Finance Bank posted strong numbers despite the stock underperforming both the Nifty and the Bank Nifty in the last four months. MC Pro expects AU SFB to continue on the high-growth path, as it has adequate capital, the right products, cross-sell opportunities and technology backbone to stay ahead of competition. Watch the video for more
This steel stock is a proxy play for increasing steel production. As India is likely to witness incremental production of nearly 15-20 million tonnes of steel in the next 3 years, MC Pro expects this company’s revenue to grow at 20% and 12%, respectively for 2022 and 2023 and also expects higher dividend payout which will improve return ratios. Investors with a long-term view and expecting moderate return can accumulate at current levels and add on declines.
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
2021 saw an IPO rush as companies across industries went public. Here are some of them with their experience of life after listing.
More than 1.6 lakh Indians in 2021 and over 3.9 lakh since 2019 have given up Indian citizenship. Is this phenomenon new? What's driving Indians out? Which countries are they going to? We tell you in this video
Thangamayil Jewellery mentions in its annual report that June’22 quarter was its best ever quarter in history. While the stock has corrected by about 25 percent in the past six months, market share gains from unorganised players provides a huge growth opportunity. MC Pro recommends long-term investors to add the stock to their portfolio. Here's why!
Detailed guide to all the latest OTT releases, book recommendations, podcasts, and exciting activities to indulge in over the weekend! This weekend, you can pick from a host of Netflix & Amazon prime releases, a book on making better decisions, listening to podcasts, attending fun events & much more!
When Indigo Paints was listed in February 2021, it had a blockbuster opening. In this episode of Life After Listing, Chairman & MD, Hemant Jalan takes us through the colorful journey of the company, before and after listing.
Uflex is well-positioned to catapult into the next growth phase given resilient end-markets and sustainable manufacturing initiatives. MC Pro suggests investors to consider it as a long-term buying opportunity. Should you buy? Watch the video to find out.
Bajaj Healthcare is trading at eye-catching valuations post the recent correction. While the stock has corrected meaningfully, the company's business's positives and negatives are well-balanced at current market valuations which are 11.6 times FY23 earnings. The company continues to show progress across multiple dimensions even though it ended FY22 on a mixed note. Moreover, with the company nearing the completion of its capex phase, it could see a gradual reduction in debt over FY23/24.
The long-term structural growth story of the life insurance sector remains intact. Life insurers have increased their focus on the protection segment, which is a key theme for the life insurance sector. And as the share of protection products continues to increase, there exists scope for further margin expansion. So given the promising sector outlook, which life insurance company’s stock is a worthy investment consideration at this juncture? Watch the video to find out.
Experts talk about personalization of advertising and how effective it is in today's day and time.
Ever wondered what lies beneath the headlines on growth or inflation numbers, and the jargon associated with the two most important macroeconomic indicators? Want to understand how can an economic recovery be described by letters of the alphabet? If such questions leave you scratching your head, then this ready-reckoner is all you need! Watch the video to learn about the terms key to understanding the economic turmoil prevailing in India and the world.
Relaxo Footwears’ volumes dropped last fiscal owing to a steep increase in raw material prices, GST rate increase as well as channel destocking. However, MC Pro expects Relaxo’s margins to improve in FY23. Watch the video to find out why investors should utilise market weakness to add the stock in the portfolio.
Zomato’s share price came under pressure after the announcement of the Blinkit acquisition. While the deal awaits shareholders’ approvals, MC Pro believes intense competition in the food-delivery ecosystem may increase cash burn and losses. Watch the video to know more.
Sastasundar Ventures' stock has plunged over 50 percent from its all-time high in November’21, even though the business remains largely unaffected by ongoing market condition. MC Pro suggests growth outlook appears very promising from a long-term standpoint. Watch the video to find out why.
With the rising prevalence of chronic diseases and growth of biologics, MC Pro recommends holding Gland Pharma. Post the recent correction and downward adjustments in estimates, Gland Pharma is trading at 17x EV/EBITDA for FY24e. Here’s why it makes for a good investment bet.
With demand for security services and facility management set to rise as the economy reopens, should one buy SIS shares? Watch the video to know more.
After Mumbai and Hyderabad, IKEA launches its third and biggest flagship store in India in Nagasandra, Bengaluru. Spread across 4,60,000 square feet, the store showcases thousands of home furnishing products and even houses a 1000-seater restaurant which serves Indian and Swedish cuisine! For details of all you need to know about IKEA’s latest India venture, watch this video.
Construction companies (excluding Dilip Buildcon) maintained double-digit growth momentum in Q4FY22. However, growth momentum moderated owing to government ban on construction activities in the NCR, slower execution by construction companies due to steep increase in raw material prices, and relatively higher base in the corresponding quarter last year. But MC Pro conviction stocks posted better execution with revenues growing 17% YoY. Watch the video to know which are these stocks.
They had a phenomenal rise in 2021-22, but Bitcoin, Ethereum and other cryptocurrency prices have since crashed. Savvy investors can adjust to this volatility, but new ones, who took a fancy to cryptocurrencies because of their past returns, have their work cut out. Here’s what you should do.
Semiconductor shortage coupled with rising raw material prices continues to impact Sona BLW’s performance. However, it is one of the rare gems in the listed space to play on the megatrends of electrification of vehicles. Watch the video to know more.