Blogs

August 19, 2020

Narayana Hrudayala is a secular growth story as healthcare spends will continue to rise. Pent up demad to drive growth once normalcy returns

Narayana Hrudayalaya is a leading hospital operator. The company has been following an asset light model whereby it acquires operating rights for hospital while the ownership […]
August 18, 2020

Suven pharma management very positive due to product pipeline. Entry into US generics market with niche molecules a long term positive

Suven Pharma is the demerged entity from Suven Life Sciences, engaged into contract manufacturing. Post demerger, the company proposes to expand its US generics business partially […]
August 18, 2020

APL Apollo a dominant ERW steel pipe player with good long term growth prospects but faces near term headwinds due Covid-19 pandemic

APL Apollo is India’s largest producer of electric resistance welded (ERW) steel pipes. Over the years, through organic and inorganic initiatives, the company enhanced its ERW […]
August 14, 2020

Strong order book position of Garden Reach Shipbuilders provides good earnings visibility

Garden Reach is India’s leading shipyard engaged in constructing warships and patrol vessels for coast guard. Strong order book Rs. 27,955 crores (20+ years FY20 revenue) […]
August 14, 2020

Better overseas demand, backward integration and lower raw material costs to drive profitability at Balkrishna Industries

Balkrishna Tyres is India’s largest Off-the-Road / Highway tyre company. Revenues are largely from exports (EU + US) where it has a price advantage. The company […]
August 14, 2020

Post pandemic – steady performance from Aster DM with new hospitals ramping up well and old ones yielding positive operating leverage

Aster DM operates a chain of hospitals, clinics and pharmacies. Nearly 80 % of its revenues are from Gulf countries (largely UAE) where it has a […]
August 13, 2020

Steady performance at Trent due to favorable demographics and JV with Zara are key highlights; Effects of Covid-19 pandemic visible in financials

Trent, a Tata group company, is a leading retailer with Westside being its flagship chain of stores. The company also has 49% JVs with Zara which […]
August 11, 2020

Sobha, south based realtor well placed to benefit from consolidation in the reals estate industry. Volumes getting back to normal post lockdown

Sobha is a leading South based realtor also engaged in construction contracts for third parties. The company’s focus is on affordable housing with high sales velocity. […]
August 10, 2020

Amber Enterprises on a sound footing as Make in India gathers momentum and Airconditioners become a neccessity rather than luxury

Amber is a leading contract manufacturer for Air conditioners (AC) and AC Components. Most of the leading AC and Refrigerator companies are its clients. Performance in […]
August 7, 2020

Domestic sales driving profitability at Alkem Laboratories. US business shaping up well

Alkem is a leading pharma company with a strong domestic business with 14 of the company’s brands in the top 300 brands in India. The company […]