Sharp fall in crude oil prices, however, is a positive
Hotel stocks are under pressure because the coronavirus outbreak could impact occupancies and, thus, drive down room tariffs
The development comes as passenger growth - which has been slowing down on account of the economic slowdown - has taken further hit due to the outbreak of coronavirus
Trading at 30x its FY21 earnings, there is limited upside
Completion of capex, improving prospects among positives
Valuation of over 13 times its FY21 estimated earnings reasonable
Exports - accounting for 43% of volumes - rose 7%, which helped offset the slowdown in the domestic segment. Domestic sales fell 13%, largely on account of the sharp 16%
Despite a high base of last year, the company was able to post a same-store sales growth of 9.2%. The metric a year ago was 14.7%
Prestige, Sobha top picks given their exposure to Bengaluru, other southern markets
Expansion, raising share of B2C network to help improve margins
Slow pace of new contracts remains a concern despite revenue growth
Investors should await signs of margin improvement and volume uptick, especially in the Prestige-and-above segment before considering investment in USL
Diversified products, buys should perk up its performance from CY21
Future Retail has entered into a long-term agreement with Amazon India, which will help expand the reach of the former's retail outlets
Adjusting for a large institutional order in the year-ago quarter, retail growth has been much higher than expectations at 15%
Another trigger for the rally is the expectation of an improvement in the European auto market
Investors should await ad revenue growth revival before tuning in
The company is confident of achieving its revenue growth guidance of 8-10 per cent and operating profit growth guidance of 16-20 per cent for FY20
SpiceJet reported 93 per cent load factor for November, led by a 45 per cent jump in passenger traffic
The valuations of Reliance Retail have been arrived at using both discounted cash flow method as well as market capitalisation of comparable companies in the listed space