IIFL View
Go
  • Birla Corpn.

    BCL has ~82% of its capacity in demand accretive Northern and Central regions. In addition, volume ramp up and efficiency gains from recently acquired Reliance Cement (RCCPL) plants and capacity addition is expected to drive 11% revenue CAGR over FY18-20E. ...

    Buy Reco. Price: 474.00

  • Heidelberg Cem.

    Central region is in the sweet spot for the cement players owing to strong demand expectation and pricing discipline with Ultratech’s acquisition of JPA’s capacity. Further, the sand availability scenario in Central region has also improved. Bas...

    Buy Reco. Price: 142.25

  • Symphony

    Symphony has launched new air coolers – ‘i-Pure’ (first multi-stage air purification system) and ‘CLOUD’ – a wall mounted cooler, which may bite into market share of air conditioners. Symphony’s entry into China, th...

    Accumulate Reco. Price: 1,181.55

  • Voltas

    Voltas will witness strong growth in air conditioners/air coolers in the long term due to increasing penetration backed by rising disposable income and erratic weather conditions. We expect Unitary cooling products (UCP) to grow at ~11% CAGR (FY18-20E) aide...

    Buy Reco. Price: 526.15

  • Varun Beverages

    Varun Beverage (VBL) will benefit from (a) low capex requirement (with capacity already in place), (b) attractive acquisition strategy (6x EV/EBITDA), (c) consumer’s shift towards consuming healthy drinks and (d) preferred franchisee stature of PepsiC...

    Accumulate Reco. Price: 798.60

  • Dixon Technolog.

    Dixon plans to increase the revenue share of high-margin original design manufacturer (ODM) models as it controls entire manufacturing cycle of a product. The company’s Tirupati unit for LED TVs, CCTVs and DVRs (through a joint venture) will contribut...

    Buy Reco. Price: 2,200.20

  • Sheela Foam

    SFL's Sleepwell enjoys ~23% market share in the branded mattress market and is expected to benefit from a shift in consumer sentiment to branded products and rising urbanisation. We estimate revenue and PAT CAGR of 13% and 14% respectively over FY18-20E...

    Buy Reco. Price: 1,260.00

  • Crompton Gr. Con

    Crompton Greaves Electricals’ (CGE) innovation in premium category (i.e. ‘Air360’ fans with 50% higher area coverage) will drive 14% sales CAGR in FY18-20E in fans. The company commands ~27% market share in residential pumps. CGE’s f...

    Buy Reco. Price: 212.75

  • United Spirits

    United Spirits is estimated it to report 11% and 19% revenue and PAT CAGR, respectively, over FY18-20E. This would be driven by (a) receding impact of highway ban and GST implementation, (b) investment in power brands across channels, and (c) manufactur...

    Sell Reco. Price: 528.85

  • TTK Prestige

    We expect TTK Prestige to post sales CAGR of 14% over FY18-20E driven by healthy growth in pressure cookers and appliances.  Recent cut in GST for mixers, grinders, etc. will aid demand in kitchen appliances segment as the company will pass the ent...

    Sell Reco. Price: 7,797.55