The stock has corrected 37 percent from its 52-week high and is now trading at a 17.6x 2019e (estimated) earnings.
Stylam operates in the building material space and is engaged in the manufacture of high pressure laminates for exterior cladding of furniture, cubicles and interior furnishing.
We analyse 4 NBFC stocks to back in a volatile market
Current valuation prices in most concerns making it a worthy long term bet
Backed by favourable socio-economic factors, the domestic poultry industry is expected to grow at a steady pace over the medium to long term
Weakening macroeconomic condition marked by rise in crude oil prices, rupee depreciation, rising interest rate regime coupled with regulatory challenge coming from mandatory long-term insurance as well as natural calamity like floods in Kerala had dampened the demand for most of the auto majors in India in September 2018. However, festive season brought cheers to selected pockets in the month of October 2018.
Market leadership, marquee clients, focus on developing technologically advanced products and adoption of LED-based products provide an improved earnings visibility for these companies and therefore merits investors’ attention.
Radico Khaitan commands 6 percent volume share in the IMFL segment. Its Magic Moments vodka brand is highly popular in the mid-market segment and commands a market share of more than 50 percent
While Vidhi Specialty had undergone debottlenecking of existing plant capacity in 2018, Dynemic Products received environmental clearance for new capacity in the quarter gone by
Postponement of festive season sales to Q3 this fiscal (versus late Q2 in FY18) impacted the performance of all companies.
On an aggregate basis, 10 companies that we have covered in this study have delivered 20 percent revenue growth as they benefitted from improved execution.
The company has marquee clients, strong focus on R&D and a robust order book. The recent correction in the stock price has made valuations extremely attractive
Going forward, the company aims to improve margins by hiking rates wherever possible, increase in management fee income, higher income from new inventory and cost optimisation in payrolls and corporate overheads.
The company's management has maintained its 35 percent revenue growth guidance for the current financial year, largely because of its strong order book of close to Rs 80,000 crore
The stock is worth accumulating for the long term given its strong leadership in farm equipment segment (FES), revival in rural growth, a slew of new launches and reasonable valuations
We continue to maintain our positive outlook on the company. However, investors need to watch out for its succession plan
We continue to exude confidence in the company on the back of its dominant position in bikes with engine displacement above 250cc and a shift in customer preference towards premium products. The recent correction have made valuations attractive
Strong jewellery offtake in H2 FY19, consequent normalisation of promotional expenses and operational efficiencies in the watches segment are expected to be the major re-rating triggers.
In the first half of this fiscal year, FSCS has added Haldirams, Crompton Greaves and Voltbek Home Appliances (JV between Voltas and Turkey-based Arçelik) and JK Helene Curtis (Raymond Group Company) to its list of clientele.
With a turnaround in sight, investors looking to play the asset recovery and resolution cycle should buy into the stock for the long term
We see a profitable journey for this bank and hence recommend buying into the stock as it has potential to rerate from the current valuation.