Blogs

August 2, 2021

Tata Elxsi’s focus on niche high growth verticals paying rich dividends but stock is fairly valued

Tata Elxsi is an embedded software company with focus on design and technology solution. The company’s strength is its niche offering for the auto, media and […]
August 2, 2021

Wipro’s superior growth rate under new CEO leads to stock outperformance

Wipro is one of India’s leading software company, however it has been a laggard as compared to its peer group for the past several years. Overall […]
August 2, 2021

Agri pipes sales hit at Supreme due to second wave; long term prospects excellent due to rural demand and pick up in construction; share of value added products moving up

Supreme Industries is India’s leading plastic processor and a consistent performer with very high return ratios. It is present in several categories with plastic piping products […]
August 2, 2021

Despite second wave Jubilant Food’s performance was encouraging; management inclination to add new brands and expand network should sustain growth

Jubilant Foodworks, the India franchisee for Dominos Pizza, is a perfect play on changing consumption pattern and rising spends by millennials on restaurants, order in and […]
August 2, 2021

Deal wins to ensure double digit growth; soft near term performance at HCL Tech a dampener but long term prospects remain good

HCL Tech is one of India’s leading software company with excellent track record of financial performance and managing trends in technology spending. Digital projects, the new […]
August 2, 2021

Havells a strong play on rising spends on durables and home / office improvement; Second Covid wave to have transient effect

Havell’s, a leading player in Cables, lighting, switches / switchgear and household appliances, is a secular growth story. All its divisions benefits from rising domestic consumption […]
August 2, 2021

Asian Paints: Stellar performance despite difficult conditions shows secular demand for paints; an under penetrated category

Asian Paints is India’s largest paint company and a direct play on rising consumer spending due to its focus on decorative paints. Its track record has […]
August 2, 2021

Higher infra spends and revival of real estate sector very beneficial for cement industry and for UltraTech, India’s largest player

Ultratech Cemco is India’s largest cement company with an aggressive organic and inorganic strategy. All recent acquisitions have been integrated and are earnings accretive. Post lifting […]
August 2, 2021

Syngene is a company to watch as expansion projects get commissioned and encouraging environment for drug discovery services in a post Covid world

Syngene is India’s leading contract research company, with presence across the entire chain of research and development services for the pharma industry. Recent commisssioning of a […]
August 2, 2021

ndia’s demographics and low penetration and use of credit cards are long term positive for SBI Cards, but pandemic has resulted in higher NPAs, which are transient

SBI Cards, subsidiary of SBI is India’s only standalone listed credit card company. There are two revenue streams – interest on credit card outstandings and fees […]