Page 23 - Devangshu Datta

Investors should focus on larger cement players as outlook improves

Cement demand should improve with the focus on affordable housing, and strong demand from commercial real estate, and possible pick-up in industrial capex

Price hike, capex moderation key for further gains in Bharti Airtel stock

Valuation is where analysts remain divided, given different assumptions on tariff hike quantum and on capex moderation

Stable policy, revenue visibility, regulated margins triggers for NTPC

The receivables situation may become significant, given the prior history of the power sector

New government to boost infrastructure sector, but expect some hurdles

Core sector growth rose to 6.1 per cent YoY in Apr'24 over Apr'23, as every sector except fertilisers and cement saw strong growth

Policy, valuations could keep rural stocks in play post-2024 polls result

A refocus on defensive stocks with relatively lower valuations and a rural exposure is likely to be where the smart money will go

Lok Sabha poll results: Portfolio shuffle may see capex-to-defensive switch

The 200 Day Moving Average -- a benchmark for a healthy bull market is also close enough to that level. A drop below 21,000 could have long-term bearish consequences.

Power Grid Corp stock in expensive zone despite its market dominance

The nature of core business guarantees stable returns and the company pays regular dividends but valuations are high for a business with regulated tariffs and relatively low growth visibility

After market rally, iron-ore miner NMDC stock to price in positives

While prospects look good, the share price has run up considerably and many analysts feel the stock is fully priced or expensive at current levels

A bold initiative or madcap idea?

As studies in Finland, Ireland and Kenya have shown, Congress' promise of Rs 1 lakh to below poverty line women may not just be an experiment in populism

Demand uncertainty likely to keep Tata Steel stock under pressure

Tata Steel India (TSI) sales volume grew 11 per cent QoQ at 5.42 million tonnes (up 5 per cent YoY) but average realisation declined 5 per cent QoQ at Rs 67,592/tonne

After encouraging Q4, outlook positive for public sector insurer LIC

LIC has an industry leading position despite the aggressive catch up from private competitors

Q4 showing, valuations to keep auto component major Bosch under stress

A weak tractor demand dented growth, even as revenue, operating profit, and adjusted net profit rose 4 per cent, 7 per cent and 42 per cent year-on-year (Y-o-Y)

Strong performance in Q4 leads to upgrades for Hindalco Industries

The strong show across metals and value-added products, plus higher margins in Novelis indicates good trends

InterGlobe Aviation stock hits an air-pocket in Jan-Mar quarter of FY24

The airline has added more domestic routes, totalling 400 across 88 destinations and added more international routes, totalling 100 across 33 international destinations

Weak Q4 due to lower growth may be rare bitter pill for Sun Pharma

Sun Pharma is in the process of acquiring US-based Taro Pharmaceuticals and taking it private

Higher output, reasonable valuations positive for upstream major ONGC

The upside in production volumes coupled to reasonable valuations are two reasons why most analysts are bullish on the stock

Bharat Electronics' growth story is intact after excellent Q4 performance

BEL has a market share of 12 per cent in the overall defence market and a market share of almost 60 per cent in the highly specialised defence electronics segment

Dixon Technologies: Q4FY24 performance disappoints, valuation rich

The 5G rollout is opening demand for new devices. Scaling up in home appliances and laptops should also drive revenues

Why simple election narratives fail

Given India's complex electoral dynamics and geographical diversity, policy initiatives crafted to suit a simple national narrative are not very useful

M&M's stock races ahead on strong Q4 performance, outlook healthy

M&M is looking at expanding monthly UV capacity to 64,000 units by FY25-end and 72,000 units by FY26-end, from the present level of 49,000 units