Blogs

May 18, 2021

Monopoly position in power exchange with steady volume increases are key attractions at Indian Energy Exchange; main risk factor is regulatory changes

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 […]
May 18, 2021

Soft near term performance from Cipla a dampener, but there is strength in products for developed market and revival of sales from South Africa, a large market for the company

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 […]
May 18, 2021

Balkrishna is on a very strong wicket with global demand for OTR tyres picking up and backward integration to carbon black paying rich dividends

Balkrishna Tyres is India’s largest Off-the-Road / Highway tyre company. Revenues are largely from exports (EU + US) where it has a price advantage. The company […]
May 18, 2021

Decent performance from UPL as most markets do well as normalcy returns across the globe

UPL, is the 5th largest agrochemicals company in the world post acquisition of Arysta which has strengthened its position, particularly in Europe and Africa and provided […]
May 18, 2021

Thyrocare to benefit immensely from increased healthcare spending due to the pandemic; cost leadership is a key strength

Thyrocare is a leading diagnostics company with focus on providing low cost services. It is a secular growth story due to increased healthcare spending and awareness […]
May 18, 2021

Price Pipes well poised to benefit from increased use of PVC and CPVC pipes in water management and plumbing; stock is reasonably prices compared to peer group

Prince Pipes is a leading PVC and CPVC pipe company of India. For CPVC, it has a tie-up for supply with Lubrizol, which pioneered use of […]
May 18, 2021

Steady performance from Pidilite despite pandemic related challenges; spike in key input a cause for concern

Pidilite, the manufacturer of the popular ‘Fevicol’ brand of adhesives has a stellar track record for wealth creation. Strong brand recall and pricing power are key […]
May 18, 2021

Exceptional performance from Intellect Design has lead to premium valuations; non linear growth trajectory is key attraction

Intellect Design, is a BFSI focused software product company with technology edge in providing digital solutions. In the recent past it has invested heavily into improving […]
May 18, 2021

Clouds gathering on Granules due to shortage and spike in key raw materials

Granules is a bulk drug and formulation company with strength in economically sized bulk drug manufacturing units which provide a cost advantage to its finished dosage […]
May 18, 2021

Steady volume growth 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 […]