We recommend Rossari Biotech as the Company has strong demand from end customer segments, Fineotex Chemicals for its strong growth potential from capacity expansion and improved products mix towards finishing processes and Balaji Amines for the expansion plans and longterm growth prospects
Gopal Snacks Ltd is a fast-moving consumer goods company based in India, offering a wide range of delicious snacks under the brand name ‘Gopal’. Established as a partnership firm in 1999 and incorporated as a company in 2009, the company currently operates in 10 States and 2 Union Territories as of 1HFY24
We started this product on 16th June 2022 to offer our investors (A) An insight on the latest concluded quarterly result season, (B) Take basket approach towards best performing businesses and (C ) Ride on result driven capital appreciation story in equity market
Domestic formulations sector: secular growth stories The India Pharma Market (IPM) has maintained a steady ~10% CAGR from FY12 to FY23, despite various disruptions, driven mainly by volume expansion ranging between 5-10% during FY12-18, which subsequently tapered to 2-3% from FY19-23, primarily due to generic competition (FY22 growth was on a low base due to […]
At CMP, the stock is trading 0.9x FY26E ABV which seems reasonable with steady growth to drive valuation. Assigning a multiple of ~1.1x FY26E BV, we ascribe target of ₹ 180 per share and a BUY rating
Indian Banking Sector Bank loans to NBFCs moderate whilst unsecured retail credit still running strong Unsecured retail still strong whilst large corporate credit retains yoy trend: Bank credit growth momentum improved to 20.3% yoy (16.5% yoy ex-merger) with nonfood credit growth of 20.4% yoy (16.6% yoy ex-merger). Growth momentum remained strong across both services (20.7% […]
Axis Top Picks basket delivered impressive returns of 46% in the last one year, against the 27% return posted by the benchmark Nifty 50, implying a commendable outperformance of 19% over the benchmark. In Feb’24 (Since 2 nd Feb’24), the basket inched up further by 1.8%. We are extremely happy to share that our Top Picks Basket has delivered an astounding return of 264% since its inception (May’20), which stands well above the 137% return delivered by NIFTY 50 over the same period
Greenply Industries (GIL) is one the leading players in the plywood business in India with capacity of 48 mn sq. mt. per annum. It has a distribution network of 2,300+dealers/authorised stockists pan-India
Dividend Yield Monitor Report. The dividend yield is computed based on the closing price of 29th February 2024. We have considered companies that have consistently paid dividend in all the last 3 years – i.e FY23/CY22, FY22/CY21 and FY21/CY20. Note: • Any deterioration in the operating performance of the company may impact future dividend payments. […]
PSBs have made a sharp comeback in recent years, with the Nifty PSU Bank Index alone delivering 162% returns since Mar’22, overshadowing the 24% returns of the Nifty Private Bank index over the same period
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