Page 3 - Compass

Demand uncertainty likely to keep Tata Steel stock under pressure

Tata Steel India (TSI) sales volume grew 11 per cent QoQ at 5.42 million tonnes (up 5 per cent YoY) but average realisation declined 5 per cent QoQ at Rs 67,592/tonne

Weak Q4 due to lower growth may be rare bitter pill for Sun Pharma

Sun Pharma is in the process of acquiring US-based Taro Pharmaceuticals and taking it private

Higher output, reasonable valuations positive for upstream major ONGC

The upside in production volumes coupled to reasonable valuations are two reasons why most analysts are bullish on the stock

Bharat Electronics' growth story is intact after excellent Q4 performance

BEL has a market share of 12 per cent in the overall defence market and a market share of almost 60 per cent in the highly specialised defence electronics segment

M&M's stock races ahead on strong Q4 performance, outlook healthy

M&M is looking at expanding monthly UV capacity to 64,000 units by FY25-end and 72,000 units by FY26-end, from the present level of 49,000 units

Strong prospects fully priced in for real estate firm Oberoi Realty stock

The revenue increased 37 per cent Y-o-Y to Rs 1,310 crore in Q4FY24 and Ebitda was at Rs 790 crore, up 114 per cent Y-o-Y with the margin increasing sharply to 60 per cent

Gains in tech firm ABB India may sustain on strong margin outlook

ABB is well positioned to benefit from private capex growth, industrial automation, PLI-led capex, global offshoring, improved energy demand, and technological advancements across user industries

New product launches, margins to drive gains for Godrej Consumer Products

GCPL is targeting high single-digit volume growth in FY25 and is looking to gain rural market share under 'Project Vistaara 2.0'

After lacklustre Q4 results, headwinds persist for Indian Oil stock

The core GRM per barrel in Q4FY24 was actually around $10.6 and the core GRM for FY25-26 could bottom out at $9

FMEG major Havells India's positive outlook may be priced in valuations

Management sounded optimistic about growth in FY25

High growth and margin expectations likely to drive Trent's stock

Sharp decline in interest costs (lease-related) and higher income from associates (including Zara) helped growth in net profit, which was ahead of estimates

Street disappointed with SBI Cards & Payment Services' Q4 performance

Spending growth decelerated by 18 per cent Q-o-Q, as corporate spending declined 35 per cent Y-o-Y due to the impact of the recent RBI guidelines

Tata Consumer Products: Focusing on performance of growth businesses key

After the acquisition of Capital Foods and Organic India, Tata Consumer needs to derive synergies, expand distribution, and increase throughput per store

Strong demand, demerger hopes positive for Hindustan Zinc's stock

For FY25, the management expects mined metal production of 1,100-1,125 kt and refined metal production of 1,075-1,100 kt

Oil & gas stocks: Investors must brace for negative impact in Q1 FY25

Higher crude and gas prices would be negative for the margins of oil marketing companies such as HPCL, BPCL and IOC

Hopes of the commodity upcycle seem priced in for Vedanta stock

The group derives 38 per cent of its EBITDA from aluminium, 41 per cent of EBITDA from zinc and 14 per cent from oil

Titan, Kalyan Jewellers' Q4 business updates point to bright prospects

Titan added 29 new stores (Tanishq 11 new stores and Mia 18) with 27 in India and one each in Dubai and Chicago, plus 44 new W&W stores

Higher cash flows and moderate valuations to support Coal India stock

In FY24, CIL dispatched 618.5 MT (up 5.4 per cent Y-o-Y) to the power sector (vs committed volume of 610 MT). The power sector thus accounted for 82 per cent of total dispatches

Order pick up to sustain growth momentum for engineering major L&T

L&T's 9MFY24 saw a 65% surge in orders to Rs 1.8 trn propelled by international inflows, while domestic orders dipped by 11%

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