JK Tyre & Indust

JKTIL has multiple triggers to growth such as completion of restructuring at Mexico plant resulting in margin gains, leadership position in TBR category which is growing at a strong pace and radialization boom in CV segment. Recent hike in axle load cap...

Buy Reco. Price: 106.50

Sundaram Clayton

SCL holds 57.40% in TVSM and 2.07% stake in Suprajit Engineering (SEL). The company is planning to increase its aluminium die-casting capacity in India from 60,000MT currently to 70,000MT by FY20E to cater to increasing demand from customers. In order to ca...

Buy Reco. Price: 3,684.15

Sundram Fasten.

SFL has diversified its product portfolio to reduce over-dependence on fasteners and entered new segments such as pump assembles, shafts, hubs, etc. These products now contribute nearly 50% to overall revenues and have better margins than usual products...

Buy Reco. Price: 526.55

MRF

MRF has advantages vis-à-vis peers owing to presence across segments and wide distribution network. This is evident from company’s industry leading operating performance (consistent outperformance to peers Apollo, CEAT) in Gross and EBITDA ...

Accumulate Reco. Price: 65,897.55

Lemon Tree Hotel

Lemon Tree Hotels (LTHL) has a development pipeline of 3,388 rooms (31 hotels) across key markets over FY18-21E. LTHL is present across value chain ranging from acquiring land to owning, developing, managing and marketing hotels through its subsidiary, Grey...

Buy Reco. Price: 71.00

Sanofi India

We project Sanofi to report revenue/PAT CAGR of 16% each over CY18E-20E owing to strong brand equity, double-digit growth in prescription brands (Lantus, Allegra, etc.) and stable growth in OTC brands (DePura, Collaflex, etc). Growth of diabetes in India is...

Buy Reco. Price: 6,084.00

Pfizer

Pfizer has only domestic operations, which faces less regulatory risk. Company has consistently delivered stable margins and healthy returns ratios. The debt free and cash rich (Q4FY18 cash per share at Rs387) balance sheet and high brand equity are the key...

Reduce Reco. Price: 2,822.00

Torrent Pharma.

TPL’s rank in domestic pharma has jumped from the 14 to 7 after acquisition of domestic business of Unichem Laboratories in November, 2017. The Unichem deal is positive for the company, as it gives access to Unichem’s chronic and lucrative OTC b...

Accumulate Reco. Price: 1,656.00

Narayana Hrudaya

Narayana Hrudayalaya operates an asset-light model with lowest capital cost per operational bed than peers (Rs30lakh per bed in Q2FY19). We estimate revenue/PAT CAGR of 14.4%/70%, respectively, over FY18-20E due to favourable demographics, increasing occupa...

Accumulate Reco. Price: 238.00

Timken India

Acquisition of ABC Bearings (ABC) by Timken will mark its foray into the Rs400cr wheel-end bearing segment, where its presence is currently marginal. Timken has 60-100% market share in differential and pinion bearing segments. The acquisition of ABC Bearing...

Buy Reco. Price: 526.80