Blogs

August 16, 2021

Gujarat Gas is the best play on rising gas usage for energy in industry and transportation based on the geographies it services

Gujarat Gas Limited (GGL), is India’s largest City Gas Distribution player with its presence spread across 23 Districts in the State of Gujarat, Union Territory of […]
August 16, 2021

GAIL poised for better performance due to cyclical upswing, better utilization of pipelines and commissioning of expansion plans

GAIL is India’s leading gas pipeline company with presence in petrochemicals, gas trading and LPG. The gas trading has a volatile earnings profile and that tend […]
August 16, 2021

Cipla’s strength is in differentiated products for developed market and strong brands in the domestic formulations industry; revival of sales from South Africa, a large market for the company could be value accretive

Cipla is one of India’s leading pharma company with exposure to the US generics market and South Africa, where it is the third largest player. Over […]
August 16, 2021

Steady volume growth through expansion and cheap valuations of Birla Corp to deliver decent returns; cement industry in the midst of an cyclical upswing

Birla Corporation Limited (BCL), the flagship company of the M.P. Birla Group, is primarily engaged in the manufacturing of cement as its core business activity. It […]
August 16, 2021

Team Lease poised to do better post Covid; formalization of labour markets a long term positive trend; good demand emanating from tech companies

Teamlease Ltd is one of the leading providers of human resource services in the organised segment with ~6% share in flexi staffing. Increased outsourcing of staffing […]
August 16, 2021

Sharp rise in tea prices, impacted Tata Consumer performance in the near term, but long term trajectory is attractive with presence in growth segments of the FMCG industry and steady value being created in JV with Starbucks

Tata Consumer Products, the food and beverage company of the Tata Group, is home to key brands such as Tata Tea, Tetley, Tata Salt and Tata […]
August 16, 2021

SBI on a very solid wicket with most legacy NPAs behind it and credit growth to improve once lockdowns are relaxed; lower credit costs should improve return ratios

The State Bank of India (SBI) is India’s largest bank with a ~ 23% market share in assets and one-fourth of deposits market. The Bank has […]
August 16, 2021

United Breweries is a good play on return to normalcy; volumes have held up well despite lockdown and resultant decline on out of home consumption. Expect good times post lockdown relaxation

United Breweries in India’s largest beer company with market share in excess of 50 %. The parent company, Heineken is a global leader in beer and […]
August 16, 2021

Godrej Properties new booking remain strong post lifting of lockdowns; revenues and profits will grow as projects near completion; company sitting on good land bank

Godrej Properties is a leading realtor from the Godrej group. The activities of the company are geographically dispersed and therefore revenues are more de-risked than other […]
August 16, 2021

Zydus Wellness well poised to flourish with assimilation of acquired products nearly completed and management focusing on distribution and brand promotion

Zydus Wellness is the FMCG subsidiary of the pharma giant Cadilla Healthcare. It is renowned for its brand “Sugarfree” which was the first sugar substitute brand […]