Blogs

August 28, 2021

Voltas’ underlying long term fundamentals are good and should be able to ride through present challenges

Voltas is India’s largest air-conditioning company with a sizable projects and engineering products and services business. The long term growth potential of all air-conditioning division is […]
August 28, 2021

BEL provides a safe investment proposition given its earnings visibility due to strong and gradually increasing order book

BEL is India’s leading defence electronics manufacturing company with strong technology backbone. Its PSU status enables it to obtain large defence orders and places it at […]
August 28, 2021

Balkrishna is on a very strong wicket with global demand for OTR tyres picking up and backward integration to carbon black paying rich dividends

Balkrishna Tyres is India’s largest Off-the-Road / Highway tyre company with a Global market share of ~ 5.5 %. Revenues are largely from exports (EU + […]
August 28, 2021

Amber Industries’ long term prospects are excellent given industry fundamentals and increased focus of the government on self sufficiency through PLI scheme

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 28, 2021

Aggressive expansion plans at Aarti Industries to drive growth as normalcy returns post Covid and exports pick up

Aarti Industries is a predominantly benzene based chemical producer with a diversified product range for consuming industries viz. agrochemicals, pharma, paints and pigments. The company’s strength […]
August 28, 2021

Best in class performance at Whirlpool inspires confidence despite fair valuations

Whirlpool India, a subsidiary of US Whirlpool is a leading consumer appliance company with dominant position in refrigerators and growing market share in washing machines, ACs, […]
August 28, 2021

Good earnings visibility and opportunities in disruption under way in the auto industry place Motherson Sumi in an interesting place

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 […]
August 28, 2021

Manappuram Finance impacted by Covid related disruptions more than expected but underlying fundamentals remain sound

Manappuram Finance is India’s leading gold finance company which has diversified into micro finance, home loans and vehicle loans which account for ~ 1/3 of the […]
August 28, 2021

Growth sustains at Affle India which is key beneficiary of rising digital advertising spends, but concerns on privacy regulations remain

Affle India is a unique and prescient media / technology company. It operates a proprietary consumer data platform which mobile advertisers can access to target potential […]
August 28, 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 […]