Blogs

June 8, 2021

Gujarat Gas is the best play on rising gas usage for energy in industry and transportation based on the geographies it services

Gujarat Gas Limited (GGL), is India’s largest City Gas Distribution player with its presence spread across 23 Districts in the State of Gujarat, Union Territory of […]
June 8, 2021

Action Construction is in a sweet spot with decent pick up in construction activity post Covid pandemic

Action Construction is a leading material handling and construction equipment manufacturer with a 65 % market share in the cranes segment. Increased infra spend determines demand […]
June 8, 2021

Strong performance at Motherson Sumi improves sentiment; good earnings visibility but predominant revenues from mature markets may slow revenues once pent up demand dissipates

Motherson Sumi’s global manufacturing strategy coupled with quick turnaround of ailing companies acquired has created significant value and scale. Post pandemic need for personal transportation has […]
June 8, 2021

Solid performance at Muthoot Finance during very challenging times gives confidence about the long term sustainability and potential of the business model

Muthoot Finance in India’s largest gold loan company. Low tenure, small ticket size and adequate collateral makes gold loans a relatively safe product. Distribution network, quick […]
June 8, 2021

Despite restrictions on gatherings and restaurants and bars, volumes are decent; post lockdown performance poised to improve significantly at Radico Khaitan

Radico Khaitan is among the oldest and one of the largest manufacturers of Indian Made Foreign Liquor (IMFL) in India with impressive mid market brands which […]
June 8, 2021

Dominant position in the steel pipes segment at a time when economic cycle is set to improve post Covid, puts APL Apollo in a very sweet spot

APL Apollo is India’s largest producer of electric resistance welded (ERW) steel pipes with 50% market share. Over the years, through organic and inorganic initiatives, the […]
June 8, 2021

GSFC firing on all cylinders due to rising end product prices and favorable government policies

Gujarat State Fertilizers & Chemicals (GSFC) Ltd is engaged in the manufacturing of fertilizers and industrial products, the important one being caprolactam, melamine & nylon6. Its […]
May 31, 2021

Commissioning of dedicated rail corridors, finality of land license fees with Railways Ministry augurs well for Container Corporation; privatization in true earnest can rerate the stock

Container Corpn. is India’s largest rail logistics company. Its PSU status ensures lion’s share of the rail infrastructure. Recent performance for the company has been soft […]
May 31, 2021

Aggressive provisioning by Spandana’s management sets up the company for strong growth post Covid

Spandana Sphoorthy is India’s 3rd Largest NBFC-MFI with ~ 77,000 crores of AUM, 25+ lakh members and 1,013 branches. The company has a good geographical spread […]
May 31, 2021

Secular demographic trends favor Crompton Greaves Consumer; but for second Covid wave, performance going forward will be strong

Crompton Greaves Consumer Electricals Ltd. (CGCEL) manufactures and markets a wide spectrum of consumer products ranging from fans lamps and luminaries to pumps and household appliances […]