Blogs

July 28, 2020

Marico poised to improve performance as growth returns to FMCG sector. Excellent track record and margin expansion through lower input costs

Marico is a leading FMCG company with popular brands such as Parachute and Saffola. It has a fabulous track record with a conservative growth approach. Profit […]
July 28, 2020

High slippages and exposure to select stressed accounts has marred sentiment in Indusind Bank. Uncertain credit costs post Covid pandemic a concern area

Indusind is a leading private sector bank with strong presence in vehicle finance and micro- finance post merger with Bharat Financial. Exposure to IL&FS, Dewan Housing, […]
July 28, 2020

RBL Bank credit costs go up even after providing for large corporate account turning bad due to Covid related defaults

RBL Bank is India’s leading private sector bank which has been recently impacted by spike in bad loans to 3 – 4 stressed accounts. Higher provisions […]
July 27, 2020

Zee: Promoter pledge risk factor dissipates, but related party dues and transactions are fresh concerns as also negative cashflows. Long term fundamentals good

Zee is India’s largest listed media company. The covid-19 pandemic has impacted advertising revenues, but subscription income has shot up particularly from its OTT offering – […]
July 27, 2020

Coromandel International, a good long term play on India’s agriculture sector. Good monsoons to drive better performance

Coromandel is India’s largest phosphatic fertilizer company with presence in crop protection and rural retail stores as well. Government regulation, monsoon vagaries and mispricing of fertilizers […]
July 24, 2020

ICICI Lombard may be a secular growth story in the making. Long term trajectory for general insurers is bright

ICICI Lombard is a India’s largest private sector general insurance company. We have a positive view on the insurance industry due to its low penetration and […]
July 24, 2020

IndiaMart InterMesh is an emerging B2B marketplace with sizeable listing as its key competitive strength, expect the company to report steady compounding growth

IndiaMART InterMESH Ltd is India’s largest online B2B marketplace for business products and services. Increased penetration of computers and mobile phones has led to increased search […]
July 22, 2020

Polycab a market leader player in the cables industry severely impacted by Covid-19 pandemic but long term prospects are decent

Polycab is India’s largest cable company with presence in fans, lighting and pumps. Brand, distribution and wide range of products are key strengths. Softness in key […]
July 22, 2020

Industry leading growth rates and traction from products and platforms key positives of HCL Technologies

HCL Tech is one of India’s leading software company. The industry in facing major challenges caused by intense competition in traditional IT services. Digital projects, the […]
July 22, 2020

Federal Bank near term performance may be impacted by covid related credit costs; but long term prospects are positive

Federal Bank is an old private sector bank with a history that dates back to the pre-independence era. The bank has a dominant presence in Southern […]