Background:
Experts said companies catering to the defence space may gain due to sentimental impact but the actual impact on financials will be known if this initiative translates into order flows.
The three most sought after stocks for defence are BEL, Bharat Forge NSE 3.41 % and L&T. All three have a pipeline and they are the most potential players who can...
Positives:
More than 15% dividend payout from last 10 years.
Consistent profit growth,
Recover in net cash flows.
Sitting on good cash and cash equivalents.
Recently, it just closed above 200 MA, considering the current share prices, it still have 35-40% opportunity size to come back to pre covid levels.
Source: Company presentation
Fundamentals Analysis:
Positives:
15.8% Increase in EBITDA.
Receipt of Provisional Certificate (PCOD) for Kharar Ludhiana Road Project (HAM)
Received Letter of Award (LOA) worth Rs. 10,355 Mn from NHAI for road project under Bharatmala Pariyojana (Package-III) in Karnataka under Hybrid Annuity Mode (HAM)
Execution of Concession...
Move in banking stocks is about to start. During the horror period of last two months, almost most of the stocks have fallen heavily. Out of various sectors, pharma, two-wheelers have gained momentum and gave handsome returns to investors.
Now it’s time for banking stocks to show, what they are capable of.
KotakMahindra bank have consolidated almost 10.5%...
