Blogs

August 5, 2020

Dixon Technologies is an interesting play on rising consumer spends on appliances and lighting and increased outsourcing by global brands

Dixon Technologies is a diversified contract manufacturer for TVs, lighting products, washing machines and mobile phones. The client list of the company is impressive with sizable […]
August 5, 2020

Mahindra Holiday a unique play on rising domestic spends on leisure and travel. Strong balance sheet and value in land bank / international subsidiary are additional plus points

Mahindra Holiday is India’s largest vacation ownership company. The business is a direct play on rising consumer aspirations leading to higher spending on vacations and holidays. […]
August 4, 2020

Godrej Properties, India’s leading realtor with dispersed geographical presence, could benefit from shake out in the real estate industry

Godrej Properties is a leading realtor from the Godrej group. The activities of the company are geographically dispersed and therefore revenues are more derisked than other […]
August 4, 2020

Steady performance from Cholamandalam Finance despite challenges in NBFC fund raising and auto industry slow down

Cholamandalam Invt. & Finance is a leading vehicle finance company with a significant home finance exposure. Within the vehicle finance space, its focus is on small […]
August 3, 2020

Higher healthcare spending in a post Covid world to benefit Sun Pharma. Domestic sales and speciality products to drive sales as regulatory concerns recede

Sun Pharma is India’s largest pharma company with strong presence in India and US generics market. Performance for the past 2-3 years has been disappointing due […]
July 31, 2020

Telecom industry ripe for tariff improvement post consolidation. Bharti Airtel well placed to take advantage as profits may increase due to positive operating leverage

Bharti Airtel is India’s leading mobile telecom company. Intense competition in the industry has led to complete destruction of profits, but with consolidation in the industry […]
July 31, 2020

New products and increased use of exchange by players due to better price discovery to drive long term growth for Indian Energy Exchange

Indian Energy Exchange is India’s largest electricity exchange accounting for 90%+ of the traded volumes. Presence of most distribution companies on the company’s platform is a […]
July 31, 2020

Rising Gold loan portfolio on the back of rising prices driving performance at Manappuram Finance

Manappuram Finance is India’s leading gold finance company. It has diversified into micro finance, home loans and vehicle loans and currently non-Gold loans contributed 33% of […]
July 31, 2020

HDFC remains a secular growth story despite industry wide challenges

HDFC is India’s largest housing finance company with exemplary track record for growth and quality of balance sheet. Despite its size, it has been able to […]
July 30, 2020

Nestle a steady performer but very high valuations do not justify fresh investment

Nestle Is amongst India’s largest FMCG company with focus on categories which are best performing in the FMCG basket viz. foods and beverages. It is s […]