MAS Financial has maintained high quality of earnings backed by decent growth in Q1FY23. With economic activity picking up and a stable funding scenario, we expect strong earnings growth in the next two years as well. Given the consistency and quality, MC Pro suggests the stock should find a place in your long-term portfolio. Watch the video to know if you should invest
While IIFL wealth reported strong earnings in Q1FY23 with net profit rising by 34% year-on-year, the newly-listed mutual fund distributor Prudent Corporate Advisory also saw net profit rise 25% YoY on the back of strong growth in AUM, and an improvement in product mix. Given the huge opportunity in wealth management, find out which stock MC Pro suggests adding to your portfolio
The largest software as a service (SaaS) company in the travel and hospitality industry in India is helping travel brands maintain rate integrity across multiple points of sale online, forecast demand and manage their online reputation. MC Pro advises investors to add this company’s stock gradually on decline for the long haul. Here’s why
Metro Brands posted its best-ever quarterly results in Q1FY23. With aggressive store expansion and a strong growth outlook, it has efficiently managed the inflationary cost pressures, reporting margin improvement in June’22 quarter. The stock has hugely outperformed the market and MC Pro retains a positive view on MBL, and advises investors to add the stock to their portfolio. Here’s why
Post the pandemic, JK Paper has emerged stronger, displaying resilience during downtrends and bounce-back during recovery. Despite the recent spike in major input costs, the company delivered an all-around performance in Q1FY23. Can JK Paper sustain the strong earnings trajectory from hereon? Watch the video to find out.
Jubilant FoodwWorks is enhancing its core Domino's business in India by opening new stores, boosting same-store sales growth, and offering new products. It has also maintained the EBIDTA margins over the last two quarters and aims to maintain it in the current fiscal, which implies a healthy profitable growth. MC Pro stays bullish and advises investors to add the stock to the portfolio
VIP Industries has a strong balance sheet, and MC Pro expects a healthy earnings CAGR for the next few years. The valuation still seems to be at a discount to most other consumption categories. Does the stock offer good potential and is VIP a strong play to ride the sector tailwinds? Watch the video to find out
From peak levels seen in January this year, at around Rs 2,100, L&T’s stock has corrected along with the overall correction in the market to a low around Rs1,455 per share in the last week of June. While it has seen swift recovery, even at current levels, the stock offers good value. Here's why
Axis Bank has a focused strategy to improve margins, drive profitable growth to reach its aspirational ROE of 18 percent in the next three years. Can the bank achieve this feat, and should you invest for the long term? Watch the video to find out
ICICI Bank posted an improvement on all fronts in Q1FY23 numbers. The strong performance of the bank gets reflected in its stock performance. ICICI Bank has not only delivered higher returns compared to HDFC Bank but also outperformed the Nifty and the Nifty Bank in the past 1, 3 and 5 years by a wide margin. Will the outperformance continue? Is there scope for the stock to re-rate? Watch the video
Syngene International not only reported a steady set of numbers but also guided for a healthy underlying growth outlook. While it continues to be in the investment phase, risks to watch are execution in the field of biologics and pending regulatory approvals. MC Pro suggests using market corrections to accumulate the stock for the long term. Here's why!
IndusInd Bank started this fiscal year on a strong note with robust growth in advances, stable interest margin, steady core fees, and comforting asset quality with slippages largely from the restructured book. With the stock underperforming Nifty as well as Bank Nifty in the past three months, and trading at a reasonable valuation, MC Pro sees scope for further re-rating. Here's why.
At the current market price, ICICI Lombard is trading at a valuation of 6.4 times trailing book value, which is undoubtedly rich. However, MC Pro believes its premium valuation will sustain given market-leading share in a secular growth sector, and several other tailwinds. We believe any weakness in the stock price should be used as an opportunity by long-term investors to add the stock. Here's why
ICICI Prudential Life’s stock is trading at 2.4 times P/EV for FY22, which appears reasonable given the growth levers. It’s trading at a significant valuation discount to HDFC Life. The valuation gap with HDFC Life will narrow only on the acceleration of business growth. Can business transformation pave the way for growth and offer upside to the current stock price? Watch the video to know
Shakti Pumps, which was hit by low market demand led by Covid-19 issues and slow government capex, has once again started seeing recovery in demand. While the ongoing market correction dented the stock price, export business continues to improve, and domestic markets have also witnessed growth. MC Pro suggests holding the stock as it currently seems to be trading at reasonable valuations. Watch the video to know if you should invest at current levels.
Demand for pig iron softened from mid-May, while prices witnessed a sharp drop after the imposition of export duty on steel by the government on May 22. The spread for pig iron turned negative for the first time in the last 10 years. In light of that and soaring raw material prices, Tata Metaliks' performance continues to be dismal. Should you still consider investing in the stock? Watch the video to find out
Thangamayil Jewellery mentions in its annual report that June’22 quarter was its best ever quarter in history. While the stock has corrected by about 25 percent in the past six months, market share gains from unorganised players provides a huge growth opportunity. MC Pro recommends long-term investors to add the stock to their portfolio. Here's why!
Grauer and Weil's stock has nosedived from Rs 84 in May’22 to the current level of around Rs 59 per share. It is currently trading at 12 times its FY24 estimated earnings. Considering that the valuation is now attractive and the business is improving, MC Pro sees a good opportunity to invest. Here's why
Despite a robust financial performance in recent quarters, shares of Polycab India have traded sideways for the past 12 months. At the current market price, the stock is valued at 30 times FY23 projected earnings. Should you enter at the current levels? Watch the video to find out
Avenue Supermarts (D-Mart) posted a better than anticipated Q1 result. Being the first normal quarter post COVID-led disruptions, Q1 saw sales pick-up in both old and newly-added stores. Both gross and EBIDTA margin performance was ahead of estimates reaching Pre-COVID levels seen in Q1FY20. The stock is trading at P/E of 71x FY24e, which is lower than its medium-term historical average range seen prior to COVID-19. Should you invest at current level? Watch the video to find out
Uflex is well-positioned to catapult into the next growth phase given resilient end-markets and sustainable manufacturing initiatives. MC Pro suggests investors to consider it as a long-term buying opportunity. Should you buy? Watch the video to find out.
Bajaj Healthcare is trading at eye-catching valuations post the recent correction. While the stock has corrected meaningfully, the company's business's positives and negatives are well-balanced at current market valuations which are 11.6 times FY23 earnings. The company continues to show progress across multiple dimensions even though it ended FY22 on a mixed note. Moreover, with the company nearing the completion of its capex phase, it could see a gradual reduction in debt over FY23/24.
Krishna Institute of Medical Sciences (KIMS) has a proven record of capturing unmet institutional healthcare needs in the hinterland, and turning around the operational metrics of the acquired assets. Management has stated that volumes have gradually picked up post the Omicron wave earlier this year. What remains to be seen is how its strategy of expanding into the tier 2/3 cities will pan out. MC Pro suggests accumulating the stock in current weak phase of the market. Here’s why
Indian Energy Exchange (IEX) is among the high-quality growth stocks that got sharply corrected in the last month. From its peak of around Rs.295 in December 2021 to current levels of around Rs.160 per share, the stock has fallen by 46 percent. While overall correction in the stock market was partly responsible, its high valuation was a key concern in the past. Should you invest in the company post recent consolidation? Watch the video to find out
The long-term structural growth story of the life insurance sector remains intact. Life insurers have increased their focus on the protection segment, which is a key theme for the life insurance sector. And as the share of protection products continues to increase, there exists scope for further margin expansion. So given the promising sector outlook, which life insurance company’s stock is a worthy investment consideration at this juncture? Watch the video to find out.