Thangamayil Jewellery is a high-conviction BUY. It is the D-Mart of Tamil Nadu's jewellery retail sector. Significant rerating is expected as the...
Stylam is top pick in building materials. It has industry-leading growth (~2x vs industry), EBITDA margin (~20%), healthy balance sheet (net cash)...
GAIL is trading at 11.6x Mar-26E EPS, only 1% premium to five-year average despite stronger volume growth outlook in core business of gas...
Federal Bank has broken through midsized banks league. It has a shock-proof balance sheet. Key challenge lies in leveraging its formidable balance...
Thangamayil Jewellery is entering a golden era & is a high-conviction buy. It is the D-Mart of the jewellery retail sector. ROE will improve to...
MCX commodity F&O options volumes are witnessing strong growth but is still in its infancy when compared to equity derivative markets. MCX will...
Sobha has operational excellence & market leadership with a vision of market expansion. Demand is robust. Top-notch execution to drive pricing...
Investment implications: We reiterate our conviction on banks with a strong balance sheet and formidable retail deposit franchise, which are...
A sharp surge in ROIC: Jyothy Labs’ ROIC has sharply surged, moving up from c17% in FY23 to c28% FY24, owing to a sharp spike in EBIT margin (up...
5 Top Pharma picks. Pharma sector is now on a recovery path due to moderating price erosion & USFDA regulatory issues. Costs are stabilizing....
MCX is making a new beginning. It has successfully executed a complex transition. Options volume has increased by 4x YoY & is currently >INR...
Top picks of Bank and NBFC/HFC stocks. The froth is in unsecured “small-ticket personal loans” category. Given the RBI’s hawk-eye focus on this...
Nifty & Bank Nifty analysis: Downside is limited. Nifty Futures’ open Interest is higher. FII's long to short ratio in Index Futures is 2.28. FIIs...
Stylam Industries has industry-leading growth (~2x vs industry), EBITDA margin (~20%), healthy balance sheet (net cash) & impressive return ratio...
Can Fin Homes is a durable franchise with healthy growth & steady earnings. CANF is attractively valued for the potent combination of medium-term...
Happiest Minds is a high-growth, high-quality, high-valuation IT services co. It has high potential to scale. Growth aspirations are within...
Kaynes is a prominent player in ESDM services. It is a key beneficiary of the ‘Aatmanirbhar Bharat’ initiative & ‘China+1’. ESDM industry is...
HDFC Securities' stock recos of last year delivered peak return of 75.5% vs Nifty's peak return of 16.8%. One stock gave peak gain of 442%....
SBI: New moats emerge as game changers. Apart from the natural advantage of brand recognition & scale, bank has added other competitive moats. On...
Stylam is the fastest-growing laminate co in India. It is India’s largest laminate exporter to Europe (a quality-conscious market) & is gaining...
Separate names with a comma.
