Blogs

May 3, 2021

Shriram Transports is recovering well with lower credit costs; however tepid credit growth is a concern area

Shriram Transport is India’s leading vehicle finance company with focus only on second hand commercial vehicle financing. It has a pan India presence but is strong […]
May 3, 2021

Britannia is on a strong footing with its plans for becoming a total foods company gradually playing out, market and product expansions are key to growth

Britannia is India’s largest biscuit company with aspirations to be a complete food company. With that goal, Britannia has been exploring several categories in the processed […]
May 3, 2021

Soft growth in data business a concern area, but funnel of new business is promising for Tata Communications

Tata Communications is a global leader in providing data and voice services to enterprises and telecom companies. Its undersea cable for carrying data and related infrastructure […]
May 3, 2021

Ambuja Cements to do well due to better industry trends, cost efficiencies and commissioning of new projects

Ambuja Cements Ltd, part of the global conglomerate LafargeHolcim, is among the leading cement companies in India with a capacity of 29.65 million tones. Its subsidiary […]
May 3, 2021

Atul’s diversified business model, export opportunities well timed with commissioning of new capacities to drive revenues and profitability, but valuations are fair

Atul is a leading chemical company based in Gujarat. Its products find application in varied industries such as textiles, pharmaceuticals, agrochemicals, adhesives, flavors and fragrances. The […]
April 28, 2021

Waiting for 5G opportunity to fructify at Tech Mahindra as near term performance remains soft

Tech Mahindra is one of India’s leading software company with a large exposure (40% +) to the telecom vertical. The gradual implementation of 5G globally and […]
April 28, 2021

India’s demographics and low penetration and use of credit cards are long term positive for SBI Cards, but pandemic has impacted near term performance

SBI Cards is India’s only standalone listed credit card company. There are two revenue streams – interest on credit card outstandings and fees and commission on […]
April 28, 2021

Good Monsoons may boost credit demand but second Covid wave may neutralize this positive development

M&M Finance is a leading rural focused NBFC financing all types of 4 wheelers. Its subsidiary is engaged in rural housing finance. Presence in rural areas […]
April 28, 2021

New growth phase resumes at ICICI Bank with strong credit growth and lower credit cost

ICICI Bank is India’s second largest bank in terms of assets and market capitalization. The bank currently has a large network of branches and ATMs across […]
April 28, 2021

Strong performance from HDFC Life but stock trades at premium valuations

HDFC Standard Life is India’s leading life insurance company promoted by HDFC. The company has been steadily increasing market share from PSU and other private insurance […]