Cochin Shipyard (CSL), incorporated in 1972 as a Government of India company, is one of the leading ship-building & ship-repair yards in India
Posts in category investments
Goodluck India’s foray into High Margin Value Added Products to drive growth. Buy for target price of ₹947 (43.4%): SBI Securities
Goodluck India Ltd. is among the leading manufacturer of wide range of Engineering structures, Precision/Auto Tubes, Forging for Defence & Aerospace, CR products and GI pipes. Established in 1986, the company has transformed itself from manufacturing regular steel products to a premier engineering solutions provider
Signature Global is an emerging heavyweight. Buy for target price of ₹1436 (34% upside): Nuvama
Signature Global (SGIL) has built up a robust pre-sales momentum (TTM bookings up ~7.6x over FY21–9mFY25), notable presence in the supply-constrained Gurugram market (unsold inventory only about ten months) and a capital-efficient business model (among lowest capital employed/unit of pre-sales).
Varun Beverages’ price correction is overdone and the prevailing market pessimism should be used as an opportunity to Add. Target price ₹675 (38.3%): JMFICS
Varun Beverages has corrected c.30% from its peak – a function of weak demand and rise in competitive intensity with aggression from Campa on pricing, channel margins, media visibility and distribution expansion
PVR INOX is quoting at reasonable valuations & has limited downside. Buy for target price of ₹1610 (71.3% upside); JMFICS
Karnataka state government has proposed an INR 200 price-cap for movie tickets. This is not the first time. Previous attempt (2017) offers two precedents. One, special format screens – where PVR-Inox’s tickets are dearer – were exempt. Two, it could face legal hurdles. Prior court rulings – High Courts as well as Supreme Court – have struck down price regulation orders
Hindalco is the preferred play in the aluminium space with good earnings visibility for the next six months. Buy for target price of ₹800 (15.7% upside): JMFICS
With Aluminium prices remaining strong above ~USD2.6k/tn levels and the company guiding for Novelis’ 4QFY25 performance to be in line with that of 2QFY25 (implied EBITDA/tn: ~USD490/t), makes Hindalco our preferred play in the aluminium space with good earnings visibility for the next six months
Veteran F&O trader & author Linda Raschke says she is ‘shocked’ by the complacency of experts who are advising ‘buy on dips’
Linda Raschke, the noted Veteran F&O trader & author, has advised that the market is likely to go down further and it is not yet time to buy the dip
Coal India is the top pick in the sector, valuation attractive. Buy for target price of ₹480 (26% upside): Motilal Oswal
The prospects for COAL remain strong. We estimate COAL’s production to clock a 6% CAGR over FY24-27, with 15% dispatches via e-auction to result in higher NSR and better margins
Sun Pharmaceuticals is strengthening Onco Derma portfolio. Buy for target price of ₹2206 (36% upside): Systematix
Sun Pharmaceuticals Industries’ (SUNP IN) acquisition of Checkpoint Therapeutics (CKPT) would give SUNP access to a USFDA-approved novel drug asset, Cosibelimab (approved in December 2024), meant to treat locally advanced or metastatic cutaneous squamous cell carcinoma (laCSCC and mCSCC). Through this acquisition, SUNP intends to deepen its presence in the skin cancer segment; SUNP’s existing portfolio in this space includes Levulan and Odomzo, having filed Nidlegy for melanoma
Bharti Hexacom is a preferred play on India’s wireless growth story. Buy for target price of ₹1625 (22% upside): Motilal Oswal
Bharti Hexacom (Hexacom), the licensed operator of wireless and fixed-line services under the Airtel brand in Rajasthan and North East circles, provides pure-play exposure to the two high-growth businesses of Airtel – India wireless and Home broadband. Moreover, given lower teledensity and lower internet penetration in Hexacom circles (vs. pan-India), we believe Hexacom can potentially grow a few percentage points faster than Airtel on both subscribers and ARPU
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