Research

Federal Bank – Too many misses, but right long-term intent

We do not expect a quick recovery in the stock. Investors should gradually build up position in this weak phase Highlights – Tax benefit supports bottom line– NIM contracts due to interest reversal, excess liquidity and fall in external benchmark– Cost-to-income ratio rises due to ad-hoc provision– Advances growth falls, retail still going strong– Slippage …

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Brokerages raise target price in these 3 stocks post Q2 results

Brokerages have raised target price on HUL, Infosys and Avenue Supermarts,while maintained their rating post their Q2 numbers. The Indian market has been witnessing volatility in the last few session as the earnings season kicked off for the Indian Inc. Concerns over US-China trade deal, stressed financial sector and expectation of a further stimulus by the government …

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HUL reports strong Q2 numbers, poised for market share gains

Highlights:– Volume growth moderated amid tough macro conditions and high base– Rural demand falters to 0.5 times urban demand–  Operating margin expands aided by moderate increase in raw material cost and better efficiencies– HUL poised for market share consolidation– Premium valuation to sustain; stock could be accumulated on declines Hindustan Unilever Ltd (HUL) [market cap: Rs …

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September quarter earnings: 10 stocks likely to more than double PAT on YoY basis

Auto, corporate banks, telecom, and metals are likely to post profit contraction or losses. There is likely to be a sharp slowdown in IT, say experts. September earnings are likely to be a replay of the June quarter–tepid and uneventful, as some analysts put it. A demand slowdown in the domestic economy and weak global …

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Hikal’s exposure to promising markets makes it an attractive stock

Highlights:– Strong topline growth in Q1, aided by crop protection business– Net profit increased in spite of weaker margins due to lower interest expense– Focused on therapeutic areas of CNS and diabetes– New API products to contribute one-third of revenue in pharma segment in next three years– In crop protection chemicals, company should benefit from industry consolidation Hikal Ltd (Market …

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Why is Future Lifestyle Fashions worth considering?

Highlights: – Stores are being added under Central and Brand Factory– Efficiencies and benefits of scale should aid margins– Growing competition a big risk Future Lifestyle Fashions (FLF) is among India’s biggest retailers. It operates stores under two formats – Central and Brand Factory. In the case of some of its brands under both segments, it …

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This midcap’s strong financial position has attracted investor attention

Highlights:– A company with a good reputation in the plastic pipes industry with a strong balance sheet– Focusing on value-added products and increasing market reach– Strong growth pipeline led by organic and inorganic expansion– Prudently managing growth capital– Attractively priced at 12 times FY21 estimated earnings In a falling market, intelligent investors are picking stocks …

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This fallen auto ancillary can make a cool addition to your portfolio

Highlights: – Auto component industry is passing through a rough patch– Subros has a leadership position in automotive air conditioners in India– Strong client base and order pipeline give earnings visibility– Mandatory fitting of ACs or air blowers in trucks cabin in N2 (3.5-12 tonne) and N3 (12-tonne above) categories is a key growth driver– …

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IRCTC IPO: Company profile, financials, strengths, strategies, risks and more

The offer is a part of government’s divestment programme for current financial year 2019-20 and shares will be offered to employees and retail investors at a discount to final price. The initial public offer (IPO) of state-owned Indian Railway Catering and Tourism Corporation (IRCTC) will open for subscription on Monday, September 30. The offer is a part of …

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These 25 F&O stocks rally 15-36%, outperform all indices in Sept series

The Nifty Midcap and Smallcap indices gained more than 6%, Nifty Bank and Auto indices rose 10%, followed by Metal (up 12%) ), but IT and Pharma closed in the red The September series will definitely be remembered in the future as several fiscal measures taken by the government to revive the economy and earnings …

These 25 F&O stocks rally 15-36%, outperform all indices in Sept series Read More »