Page 12 - Devangshu Datta

Strong outlook, robust domestic demand to support Cummins India stock

Riding on a 36 per cent growth y-o-y in the domestic market, the company posted an overall revenue growth of 16 per cent

Slowdown in growth trends, valuations near term hurdles for Dmart

Globally it is among the lowest cost retailers. DMart deliberately went slow on private-labels in order to avoid being seen to compete with suppliers and key brands

Ghosts who act: Rise of creepy, but lucrative digital afterlife industry

It may soon be possible to have digital replicas of Madhubala and Dilip Kumar star in a 2025 movie. This may be creepy, but also lucrative

Political funding's troubling sinkhole

Electoral bonds echo an old colonial playbook, and unless those issues are addressed, they will remain a gateway to corruption

Improving metrics keep Street positive on stocks of public-sector banks

In FY23 and FY24 (7 quarters of two fiscals) they reported higher earnings than in the past decade ending FY22

Cintra deal, expanding order book triggers for IRB Infrastructure

IRB Infrastructure Developers (IRB) owns 51 per cent of the units, with the remaining 49 per cent held by various GIC Affiliates

Rubber price rise, demand woes could lead to derating of tyre companies

Demand trends could remain muted in the near term, given weak passenger vehicle replacement demand

The 'inner life' of a rational scientist

Beyond the realm of science, Jagadish Chandra Bose's legacy holds a spiritual dimension. Sudipto Das's book delves into unveiling this facet and how nationalistic impulses inspired much of his work

Further correction could make the FMCG sector valuations attractive

FMCG growth is tied to semi-urban and rural demand. Metro and large city demand is almost saturated. Growth comes from smaller places

Auto component makers to gain from new 4-wheeler electric vehicle policy

Currently Indian ancillary makers are not all capable of supplying EV-specific components but some component makers are suppliers to global EV OEMs

Margin concerns largely priced in for Muthoot, Manappuram Finance

Three NBFCs in gold financing have seen AUM growth on a quarter-on-quarter (Q-o-Q) basis for the gold segments over the last three quarters

Global supply, margin pressures overhang for Indian steelmakers' stocks

Exports are high due to weak Chinese domestic steel demand which contracted 2 per cent YoY in CY23

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

Improving margins likely to help Ambuja Cements emerge as an outlier

Ambuja Cement could increase its EBITDA margin from 13.2% in FY23 to around 19.5% in FY24, with continued gains likely in FY25 and FY26 due to effective cost control and increased scale

Attractive valuations of city gas distributors after recent price fall

Domestic gas consumption in CGD declined to 26.5 mmscmd in January

An upward trajectory: In absence of black swans, markets may rise further

The long-term trend may suggest a reversal if Nifty50 falls below 20,000

A wiser world after Covid

Another pandemic or global scale disaster is inevitable but the Covid experience will help us deal with it better

After muted Q3 results, HDFC Bank stock may have bottomed out

However, HDFC Bank seems to have bottomed out in mid-February when it hit a 52-week low of Rs 1,363

Tata Motors demerger a positive move, but no immediate gains seen

The company will be transformed into two listed firms with the commercial vehicles (CVs) business in one and passenger vehicles (PVs), including Jaguar Land Rover (JLR), in the other

Prospects of Havells India seen improving; but positives priced in

Havells has established two US subsidiaries in order to develop exports. The company is also eyeing the Middle East