Page 28 - Ram Prasad Sahu

Competitive overhang clouds Cummins India's medium-growth outlook

At the current price, the stock is trading at 30x its FY23 earnings estimates

Headwinds on demand, cost fronts to keep Bajaj Auto under pressure

Higher exports may offset some of the volume, cost pressure

Strong growth outlook, valuations point to further upside for UPL

Buyback could support the price in the near term

Valuations turning attractive for Dr Reddy's as company outperforms sector

US price erosion, India growth trends would be keenly tracked

Stake-sale overhang likely to keep Indus Towers stock under pressure

Rental renegotiations another dampener for the stock

Commodity surge to hit two-wheeler pack the hardest among autos

Price hikes to pass on the costs will be difficult amid falling volumes

Weak Q3 may keep Marico's stock under pressure, muted consumption weighs

Brokerages are however positive on medium term growth outlook for core and new areas

Broad-based mkt rally unlikely in 2022 amid multiple headwinds: Brokerages

They advise investors to focus on quality companies as they list their favourite picks

New products, exports to drive growth for Dixon Technologies

Focus on backward integration and value addition to help on the margin front

Pfizer's oral Covid-19 drug may hit revenues of Divi's Laboratories

Supply of Molnupiravir to Merck was a key near-term trigger for the stock

Sales recovery, margin gains help Trent outperform peers in Sept quarter

Aggressive expansion and good execution are expected to could keep growth rates elevated going ahead

Infosys, L&T are top picks of most brokerages for Samvat 2078

Public sector banks, information technology companies, cement makers, and consumption plays are among other picks

Q2 bookings, launches to maintain sales momentum for Oberoi Realty

Sharp run in stock prices over the past three months, however, caps near term upside

Healthy global demand to keep UPL's sales growth trajectory strong

Despite rising debt, margin pressures, the company has maintained its FY22 guidance

Margin pressures may ease in Q3 as Marico puts up steady show in Sept qtr

Valuations, however, cap upsides in the near term

Weak cigarette volumes, margins in Q2 weigh on ITC, stock sheds 5.5%

Decision by the panel on tobacco tax remains the key trigger

Higher marketing and promo costs dent Tata Consumer's Q2 numbers

Cost pressures to sustain as company is committed to increasing advertising spends

Avenue Supermarts hits valuation hurdle, stock at 124 times FY23 earnings

Margin disappointment weighs on stock, which has gained 47% in 3 months

HCL Technologies: Slow product sales may be near-term overhang

Overall growth is likely to remain strong

Q2 show, outlook extend rally in Mindtree, stock up 200% over past year

The disappointment was the flattish performance in business from its top client whose share of revenues now stands at 24 per cent