Blogs

August 16, 2021

Increased focus on renewable power projects and resultant demand for transmission capacity is very positive for Apar; valuations are cheap

Apar is one among the top 3 global leaders in conductors, the 4th largest global transformer oil manufacturer, the largest domestic cable manufacturer in the renewables […]
August 16, 2021

SIS is a good long term secular growth story as industrialization and urbanization picks up post lock downs, formalization of labor markets is also positive

SIS is India’s largest Security Service provider. Its subsidiary is the largest security provider in Australia. The Indian business also has a facility management vertical where […]
August 16, 2021

Despite restrictions on gatherings and restaurants and bars, volumes are decent; post lockdown performance poised to improve significantly at Radico Khaitan

Radico Khaitan is among the oldest and one of the largest manufacturers of Indian Made Foreign Liquor (IMFL) in India with impressive mid market brands which […]
August 16, 2021

Spike in key raw materials squeezing margins at Granules; long term good due to new product launches

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 […]
August 16, 2021

Dalmia Bharat, an efficient cement producer in the key growth markets and near term sizable capacity commissioning augurs well but valuations are high

Dalmia Bharat is a mid sized cement company with a strong presence in East India, N. East & T.N. Its key highlight is near term commissioning […]
August 16, 2021

Large capex already commissioned, market share gains in domestic market and new product launches in US to drive growth at Ajanta Pharma

Ajanta Pharma is a mid cap pharma company with a strong domestic business and export presence in US and emerging markets of Africa and Asia . […]
August 16, 2021

V-Mart to regain its rhythm post lockdowns, competitive position has improved and acquisition of “Unlimited” is a very good strategic fit

V-Mart is a very successful retail company focused on apparels and accessories. In recent times growth has come from geographical expansion into Tier II and Tier […]
August 16, 2021

TTK Prestige is a secular growth story given India’s demographics and changing cooking and cleaning habits; recovery from Covid-19 Pandemic will be swift

TTK Prestige is India’s leading cookware and appliances company. Rising domestic consumption, particularly in the rural and non South areas is a growth driver. Government schemes […]
August 16, 2021

TCI Express is back on its growth path with aggressive scale up plans; Post pandemic demand to be good

TCI Express is an express cargo company of one of India largest transportation group Transport Corporation of India. This division offers domestic courier and international courier services through road, rail and air […]
August 16, 2021

Symphony’s performance impacted by second wave, but long term prospects are good

Symphony, India’s largest air-cooler company, and a household name, thrives on innovation which has led to market leadership. Return ratios are high as the company follows […]