Page 5 - Devangshu Datta

Trent's weak Q1 update may keep growth expectations under pressure

Trent's Q1FY27 business update fell short of Street expectations on revenue growth and store additions, raising concerns over valuations despite continued expansion

Easing norms for Chinese companies may impact transmission sector margins

Even after matching CEA targets with current capacity and factoring in demand from data centres, automobiles and railways, demand will still far exceed supply

DMart lags expectations as Q1 growth hurdle raises concerns on outlook

Avenue Supermarts' Q1FY27 update fell short of expectations as revenue growth slowed and store additions weakened, highlighting rising competition and execution challenges

Cement makers' gains hinge on higher volumes, lower fuel costs in H2FY27

Cement makers face surplus capacity and elevated costs, with stronger demand and lower fuel prices expected to drive earnings and valuations in the second half of FY27

ER&D companies may face further pressure after KPIT Tech's share rout

KPIT Technologies' weak outlook reflects slowing demand from European automakers, raising concerns over earnings and growth prospects for the broader engineering R&D sector

Bajaj Auto, TVS Motor better placed among 2Ws in Delhi EV policy

Tata Motors and M&M could gain among passenger vehicle makers

Persistent faces growth, execution worries with Nagarro acquisition

The Nagarro acquisition expands Persistent's global footprint but raises concerns over slower growth, integration challenges and execution risks amid a steep acquisition premium

Strong Q4 boosts NBFCs, but near-term risks temper optimism for FY27 growth

Asset quality improved and earnings strengthened in Q4FY26, but rural stress, microfinance exposure, West Asia tensions and monsoon risks could weigh on NBFCs in FY27

Pseudoscience more dangerous than bad science, it can cripple societies

From Lysenkoism to the Cultural Revolution, history shows how ideology-driven pseudoscience can cripple research, suppress truth and inflict devastating human costs

Lower crude prices, strong demand to support IndiGo earnings upgrades

Easing crude oil prices, strong demand and IndiGo's expansion plans are expected to boost earnings, while lower fuel costs could improve margins across the aviation sector

Steady project execution could lead to further upgrades for JSW Infra

Analysts see scope for further valuation gains as JSW Infrastructure executes a large expansion pipeline and targets strong revenue and EBITDA growth through FY28

Margin expansion, capex completion may drive more gains for CG Power

CG Power hits record highs on strong order inflows and capacity expansion, but rich valuations leave little room for execution misses

New products may bridge Kirloskar Oil's valuation gap with Cummins India

KOEL's push into high-horsepower engines, data centres and exports could support growth and help narrow its valuation discount to market leader Cummins India

Valuation upgrades for Nykaa hinge on sustained margin expansion

Analysts remain positive on Nykaa's growth plans in beauty and fashion, but believe sustained margin expansion will be critical for further valuation rerating

Weak FY27 JLR outlook to weigh on Tata Motors passenger business

JLR's weaker-than-expected FY27 guidance on revenue, margins and free cash flow is likely to weigh on Tata Motors Passenger Vehicles despite a strong domestic outlook

Indian steelmakers face near-term pressure from weak prices, rising costs

Domestic steel prices remain under pressure amid seasonal demand weakness, high inventory and rising iron ore and coking coal costs, weighing on near-term margins

Downstream energy players to gain most from West Asia peace prospects

A reopening of the Strait of Hormuz and recovery in West Asian energy supplies could improve margins for oil marketers, gas distributors and LNG importers

Vedanta Aluminium Metal may emerge as strongest performer after demerger

Analysts see the aluminium business as the most attractive near-term play among the newly listed Vedanta entities, aided by scale, low costs and favourable commodity trends

India's data centre boom will succeed only if it stays sustainably green

Policy aspirations to becoming a big player in AI cannot be fulfilled without the necessary DC capacity

Royalty rate reversal, cooling crude oil prices negative for ONGC, OIL

The partial reversal of royalty benefits and uncertainty over crude oil prices could weigh on earnings, though higher production and gas output remain supportive factors