Movie Time! BUY Eros International with a target of Rs 610/-

Earlier I had recommended PVR which went very quickly to its target price and I think it’s a stock one should continue to hold, another company from the media space but with a different business model which I like is Eros International. The recent correction in the stock gives us a good entry point and […]

To rate cut or not… I think not!

A 25 bps cut in the repo rate (this is the rate at which the central bank of a country in our case RBI lends to commercial banks in event of a shortfall) is what most the market is factoring in.     The RBI meets on Tuesday for the bi-monthly policy meet, and it […]

Soft Gel Capsules to lead growth…BUY Marksans Pharma Target Rs 132/-

Marksans Pharma (MPL) is a mid-sized pharma player with a market cap of ~RS 4363 cr with a business model which is poised for good growth in the soft gel capsules (SGC) space over the next couple of years.   99% of their revenues come from regulated markets overseas. UK/Europe and Australia are their main […]

A niche play within logistics, BUY Snowman Logistics, Target Rs 120/-

Logistics as a sector is gaining prominence in the Indian space – we have seen rapid growth in the sector.   I believe that as we move increasingly towards an e-commerce platform the existing facilities will fall woefully short.   The list of items that will get added to the list of goods to be […]

IT services to drive growth…BUY Sonata Software with a Target of Rs 198/-

    Sonata Software a ~Rs 1570 crore market cap mid-sized IT player focuses on three verticals: Travel, Retail & Consumer Packaged Goods and Independent Software Vendor (ISV).  In Q1FY16 34% of revenues come from the products of the ISV vertical, about 32% from the Travel and 16% from Retail and CPG.   Travel is […]

Insulin shot….BUY Biocon target Rs 625/-

Pharma has been on a tear the past year or so…a lot of stocks have posted new 52 week highs this past month and continue to be on a strong path of growth and margin expansion. One stock that has not participated in the rally , and some would say with good reason is Biocon.  […]

Water water everywhere….BUY Va Tech Wabag target Rs 1200/-

An interesting stock in a niche space!  Va Tech Wabag (VATW) is India’s largest water treatment company.  The~Rs 4300 crore market cap company is in the business of water and waste water treatment both in India and other emerging markets. The treatment of water and better management of effluents is going to be a business […]

To the movies….BUY PVR with a target of Rs 840/-

For a nation that makes the largest number of films globally – ~ 1500 a year it is safe to conclude that we like going to the movies! Lack of outdoor options especially in an urban setting would only make movies one of the best option available for entertainment. PVR is India’s largest multiplex chain.  […]

Tata Chemicals strong Q2 performance make it a BUY with a target of Rs 510/-

Second quarter in a row Tata Chemicals ’ has reported good numbers.  The Q2 consolidated net profit jumped 92 percent to Rs 257 crore from Rs 134 crore in the year-ago period. The company’s net sales were up 10 percent to Rs 4,742 crore from Rs 4,282 crore year-on-year. Its operating profit (EBITDA) was up […]

SKS Microfinance, my preferred play in the financials space, BUY with a 12 month target of Rs 500/-

SKS Microfinance is India’s only listed micro-finance company, the stock has seen a huge run up this last year from Rs 140/- to the CMP of Rs 363/-, that said the improving fundamentals of the company and the economic scenario that we are in make me believe that this is an interesting add to our […]