| Daily Alerts |
| Results |
| Tata Power: Weak performance at Mundra further distorted by Ind-AS |
| | Consolidated earnings marred by under-recovery at Mundra, negative tariff order for Mumbai | | | Standalone earnings were lower due to absence of dividend income from coal business | | | Maintain ADD rating, resolution of Mundra appears in sight and coal prices are on the rise | |
| Company alerts |
| Nestle India: Blueprint promising, milestone set, pace uncertain |
| | Staying the course on key strategic pillars - premiumization and focus on urban consumer | | | Stock prices in successful implementation of the stated blueprint with no margin of safety; SELL | |
| Apollo Tyres: Gearing up for a bigger play |
| | Strong outlook over India and Europe business volumes growth in FY2017-19E | | | Margins to improve post stabilization of new capacities; to moderate in near term | | | Valuation: Expect strong earnings growth trajectory in FY2017-19E; maintain BUY | |
| Gujarat Pipavav Port: Preparing for rough weather |
| | Thrust remains on dividend payout; cautious on incremental capital allocation | | | GPPV to leverage its improved offering, customer relationships and possible volume discounts | | | Arguments against the port may get addressed over time | |
| Sector alerts |
| Technology: Opportunity amid pessimism |
| | Viewing Indian IT from the prism of market-share-gain opportunity and safety-in-valuations | | | Downside risk to earnings largely captured in valuations; we back Infosys and Tech M | |
--
You received this message because you are subscribed to the Google Groups "LONGTERMINVESTORSRESEARCH" group.
To unsubscribe from this group and stop receiving emails from it, send an email to
longterminvestorsresearch+unsubscribe@googlegroups.com.
Visit this group at
https://groups.google.com/group/longterminvestorsresearch.
For more options, visit
https://groups.google.com/d/optout.
No comments:
Post a Comment