Page 12 - The Compass

Valuations may offset Q4 show, growth outlook for Divi's Laboratories

The company delivered a strong revenue and operating performance in the March quarter

Volume recovery crucial for Marico's growth in FY25, stock gains

The premium and urban segments continued to outperform rural and mass segments

REC: Powering ahead on strong results in Q4 and a healthy outlook

REC has also diversified its loan portfolio with a mandate of up to 33 per cent of loans in Infrastructure and Logistics

Strong execution key for Tech Mahindra to achieve three-year targets

The investments are likely to halve in FY26 and normalise by FY27

Good Q4, commentary perk up ICICI Lombard General Insurance stock

Investment yields could be around 8.1 per cent in FY25 rising to 8.5 per cent in FY26

AMCs likely to report strong gains in Q4FY24 on back of AUM growth

The share prices of listed asset management companies have outperformed the benchmark Sensex and analysts remain positive on the sector

Titan, Kalyan Jewellers' Q4 business updates point to bright prospects

Titan added 29 new stores (Tanishq 11 new stores and Mia 18) with 27 in India and one each in Dubai and Chicago, plus 44 new W&W stores

Higher cash flows and moderate valuations to support Coal India stock

In FY24, CIL dispatched 618.5 MT (up 5.4 per cent Y-o-Y) to the power sector (vs committed volume of 610 MT). The power sector thus accounted for 82 per cent of total dispatches

Large domestic order book, exports growth key drivers for defence stocks

India is world's second-largest importer of defence equipment with 9% of global arms imports

Recent strong rally leaves little room for IT firms to disappoint

The Nifty IT index has started to outperform the Nifty from around November 2023. It has delivered 26 per cent return in the last 12 months

Mass segment slowdown to keep Bata India's stock under pressure

The premiumisation efforts seem to be working with the share of the same in the overall portfolio improving to 34 per cent as compared to 30 per cent a couple of years earlier

Near-term upsides priced into stocks of oil marketing companies

Overall, IOCL and BPCL reported a net profit of Rs 8,063 crore and Rs 3,397 crore respectively, well ahead of Q3FY23 PAT of Rs 448 crore and Rs 1,960 crore

NMDC poised for gains from demand triggers and capacity expansion

The reported net profit was Rs 1,490 crore and adjusted for extraordinary items of Rs 252 crore, it was Rs 1,740 crore, higher by 96 per cent y-o-y and 69.8 per cent sequentially

Sona BLW shifts gear with order boost from electric vehicle space

Firm's efforts to broaden portfolio, scale-up, and diversify customer base will lead to strong earnings growth: Analysts

Strong prospects may drive growth rates for food delivery platform Zomato

In the quick commerce segment, Blinkit GOV was Rs 3,500 crore (up 28 per cent Q-o-Q and up 103 per cent Y-o-Y), led both by stronger MTU and better ordering frequency

Strong growth rates in Q3FY24 hold more target gains for ICICI Lombard

The growth may be driven by a pickup in the motor segment as competition eases and an increased focus on retail health. Merger synergies could result in higher yields

Tata Steel stock: Is it a buy, hold or a sell?

Near-term upside may be limited as the stock is trading above consensus target price of analysts

Concor: Competition from road sector, high valuations cap upside

Despite the promise of the dedicated freight corridor (DFC) helping it to stay ahead of competition, Container Corporation of India (Concor) could face a tough time if its recent performance and the market share gains for the road players is anything to go by. Earlier this month, the government had highlighted plans to set up an integrated transport and logistics framework helping create a hub-and-spoke model, lower logistics cost and setting up 35 multi-modal logistics parks (MMLP). Analysts at Antique Stock Broking believe that though the rollout of the infrastructure projects (including DFCs) and implementation of the goods and services tax or GST (with increased share of third party logistics) would help logistics companies, it could also potentially increase competitive intensity for industry leaders (like Concor), which arealso looking to aggressively expand presence through MMLPs.The bigger worry are doubts on the shifting of cargo from rail to road players once the DFC is ...

Rising industrial demand to drive volume recovery for Gujarat Gas

Rising demand for piped natural gas (PNG) from industrial users augurs well for Gujarat Gas. The company derives about 72 per cent of its sales volumes from the industrial segment as against 12 per cent for Indraprastha Gas (IGL) and 14 per cent for Mahanagar Gas (MGL) and hence is best placed to benefit from higher growth of industrial volumes. Falling liquefied natural gas (LNG) prices globally will expedite the shift towards LNG from other coal-based fuels, believe analysts. Analysts at Elara Capital expect industrial PNG volumes could double to about 10 million metric standard cubic metre per day (mmscmd) by FY22 from 4.5 mmscmd in FY16 and aid prospects of all the above three city gas distribution companies. Gujarat Gas has also witnessed rising volumes in Morbi - particularly from ceramic plants. In fact, the Morbi industrial segment has already added volumes of about 0.5 mmscmd to the 5.3 mmscmd volumes reported by Gujarat Gas in the latest December quarter. This has triggered .

Airline stocks heading for higher altitude

Aviation stocks shot up between 4.5 per cent and11 per cent on Thursday on tailwinds that include robust passenger growth traffic in February month, a weakening dollar and lower crude oil prices. Fuel, maintenance, lease costs are dollar denominated and any weakness in the greenback versus the rupee benefits airlines. The benign cost environment, according to ICICI Securities, has received fresh impetus with crude oil and dollar declining by 10 per cent and 4 per cent, respectively so far in 2017. Ansuman Deb of ICICI Securities believes that currency is the biggest variable in earnings sensitivity for airlines and sustained strengthening of the rupee will lead to earnings upgrades in this space. The favourable impact would be visible in the March quarter results which is expected to come in better than initial estimates. Mayur Milak of Anand Rathi Research believes that with yields (average fare paid per mile by passengers) improving and declining crude oil prices (on rupee ...