Blogs

November 18, 2021

Gland Pharma’s focus on high value injectables, backward linkages and good regulatory track record are key strengths; pursuit of Covid related opportunities also a key positive

Gland Pharma is a leading generic pharma company and subsidiary of Fosun, a giant Chinese pharma company. The track record of the company is very impressive […]
November 18, 2021

Eicher Motors can reignite growth post lockdowns due to sound product and distribution strategy; shortage of chips to ease in 1-2 quarters and higher realisations will support margins

Eicher Motors, which manufacturer popular motorbikes viz. Bullet and Classic has reported phenomenal growth over the past decade. The desire to own and ride premium bikes […]
November 18, 2021

Secular demographic trends favour Crompton Greaves Consumer; Performance going forward will be strong with revival of home buying

Crompton Greaves Consumer Electricals manufactures and markets a wide spectrum of consumer products ranging from fans, lamps and luminaries to pumps and household appliances such as […]
November 18, 2021

Strong position in Latin America with end to end distribution and scope to grow revenues from US generics market make Caplin Point and attractive pharma play

Caplin Point is niche pharma company focused on Africa and Latin American market (87% of sales). It also has a few molecules (injectables) for the US […]
September 7, 2021

Impressive performance at TVS Motor due to higher exports and good margin management and product premiumization, but e-Scooters are a big threat

TVS Motors, India’s leading two-wheeler company has an excellent track record in new models and presence in all segments – motorcycles, scooters and mopeds. Management ability […]
September 7, 2021

Strides Pharma working on may initiatives to scale up operations and build value; but short term performance is disappointing

Strides Pharma has undergone many changes in its business model and geographical focus. The management has an excellent track record for building businesses and encashing through […]
September 7, 2021

Quess Corp may be entering a new growth phase with improving demand from key sectors such as software, one time costs have muted near term performance

Quess Corp is India’s largest staffing company with presence a few international locations as well. Post its listing in 2016 the company has been pursuing inorganic […]
September 7, 2021

New Licensing wins at Oracle provide good earnings visibility; valuations are attractive

Oracle Financial Services Software is the Indian subsidiary of the US giant Oracle Corpn. It is a leader in financial products and derives revenues from sale […]
September 7, 2021

Bulging order book, advantageous position for new project wins from government departments and enterprises provide very good earnings visibility; execution is main challenge

NBCC is a PSU engaged in project management consultancy for the government and PSUs. The company is also into redevelopment of government colonies. In recent times […]
September 7, 2021

L&T Finance limping back to normalcy in operations but weak business model as revealed during the NBFC crisis is a concern area

L&T Finance, the NBFC subsidiary of engineering giant L&T lends to infra, housing and rural sector. Within these, the largest lending book is for infra projects […]