Page 7 - Devangshu Datta

Titan stock may lose some sheen as Q1 update shows growth slowdown

Titan's Q1 FY26 business update shows slower growth in the jewellery division, a flat YoY buyer growth, and increased competition

Marico delivers a strong Q1 FY26 on volume growth and price hikes

Q1FY26 revenue to rise in low 20s YoY; volume up despite price hikes; copra inflation pressures margins, but recovery expected in H2; strong performance across segments

Competitive and margin pressures likely to cap upsides for DMart

DMart's Q1FY26 pre-quarter update reveals slower-than-expected revenue growth and margin compression. Competitive pressures, particularly from quick commerce players, could weigh on future growth.

New launches, electric vehicles thrust positive triggers for Hero MotoCorp

Hero MotoCorp's (HMCL) June '25 sales grew 10 per cent Y-o-Y to 556,000 units in a positive surprise but Q1FY26 volumes were down 11 per cent Y-o-Y

Strong growth to keep valuations of EMS majors at elevated levels

EMS sector expected to grow 25% annually till FY28 as order books expand and capex ramps up; high-margin orders and policy support sustain premium valuations

Capacity expansion likely trigger for Hindalco Industries' stock

The scenario for Hindalco and its US subsidiary Novelis is promising although Novelis has been impacted by tariffs

Zohran Mamdani's socialist agenda could actually spur faster growth in NYC

Mr Mamdani's campaign focussed on making NYC an affordable place to live

Better policy mix drives the growth for the private life insurers

However, private insurers reported premium growth, indicating a mix of higher-value policies

Strong mkt leadership, robust demand should help IndiGo stock gain altitude

India is expected to see close to 10 per cent CAGR in passenger volumes over next two-three years and it is among the lowest penetrated markets per capita despite being the third-largest

Dixon Technologies stock weighed down by the competition concerns

Dixon's revenue growth was led by mobiles & EMS (194 per cent), offset by 23 per cent fall in consumer electronics. Home appliances and lighting were flat

Amazon's entry into healthcare a headwind but diagnostic stocks attractive

The differential between the common tests offered by incumbents and new entrants is just about 5-10 per cent which isn't going to move the needle much in this business

Sustained high crude oil prices to hurt downstream players

The fears centre around the possibility of supply routes being interdicted and hence, supply being disrupted, rather than Iranian oil being taken off the market

Final RBI norms on project financing positive trigger for the PFC

Additional provisions forDate of Commencement of Commercial Operations deferred standard assets are reduced to 0.375 per cent-0.5625 per cent per quarter vs. 2.5 per cent for cumulative deferments

Siemens Energy: The power play that doesn't overload on valuations

Siemens Energy India offers a wide range of services and solutions to power generation utilities and IPPs

Expansion positives factored into the valuations of Hindustan Zinc

The company expects revenues to rise from Rs 34,100 crore in FY25 to Rs 40,000-42,000 crore with phase-I expansion, and further rise to Rs 62,000 to Rs 65,000 crore upon completion of plan

Zee Entertainment gains depend on advertising revenue recovery, fund usage

While 25 per cent of the warrant price is to be paid upfront, the balance 75 per cent is to be paid on conversion

Higher crude oil prices, production gains positive for upstream players

Even if Iranian production is curtailed, the OPEC+ decision to ramp up production implies other supply would compensate

CIL earnings may stay under pressure amid weak volumes, market share loss

CIL earnings may stay under pressure in FY26 due to weak volumes, lower e-auction prices, rising costs, and growing market share of captive and commercial miners

Needed: A war on accidents after crash, stampedes, and derailments

Running more trains during peak hours on a system already running at over-capacity is difficult

Increased fresh order inflows key to the growth of construction companies

Some of the key award recipients in May included DR Agrawal Infracon (₹4,100 crore), Larsen&Toubro (₹ 3,800 crore), NCC (₹2,500 crore) among others