At the current market price, Ramkrishna Forgings is trading at 9.4 times FY24 projected earnings, which is reasonable. And we advise investors to buy this stock for the long term. Here’s why
Based on the upper end of the price band, Delhivery IPO is being valued at roughly 6 times of its sales. Investor sentiment has turned sour in the past few months and the prevailing macro conditions do not support a bullish outlook for companies with such fancy valuations. Watch the video to know what MC Pro recommends
We estimate a 20 percent-plus earnings CAGR for Navin Fluorine over the next 3-4 years and believe investors can accumulate the stock during phases of market weakness. Here’s why.
L&T has announced the much-anticipated merger of L&T Infotech and Mindtree. This merger will create the sixth-largest IT company by revenue in India. L&T will hold 68.7 percent in LTI Mindtree. Over the longer term, the deal is positive for bringing in talent bandwidth and capabilities to bid for larger projects across verticals. Should you buy these two stocks now? Watch the video to know more.
One of the fastest growing QSRs in India, Devyani International is reaping the benefits of restructuring of business model, leading to the company posting a profit in FY22 after a long gap. Should you invest? Watch the video to find out
MC Pro recommends investors to accumulate Hero MotoCorp, a fundamentally strong and well-run business, which is valued reasonably. Watch the video to know why we like the stock
Saregama trades at an FY24 PE of 42.5x, above international peers like WMG & UMG. Investors should use market volatility to build a position in the stock. Here’s why
IndusInd Bank has been an outperformer in the past three months, not only within the banking pack but also with respect to the benchmark Nifty50. And MC Pro believes it has further scope for re-rating. Here’s why
Post-COVID, a strong recovery in the real estate market has helped companies like Macrotech Developers (Lodha) to leverage their capabilities given the strong presence in the high growth markets and huge unsold inventory it was carrying. Fiscal 2022 has come as a blessing with the company reporting one of its best performances. Know what’s in store for the stock.
The demand rebound has been pretty strong with Indian Hotels seeing significant growth over the pre-COVID levels in March. Demand trends, as well as booking, look strong in the coming months. So should investors book a deal in this hospitality stock? Moneycontrol’s Karunya Rao decodes this for you
Mahindra CIE posts strong performance in Q1CY22 despite raw material price inflation. Medium- to long-term outlook for both domestic and international businesses seems encouraging. According to MC Pro, valuations are at reasonable levels. Watch the video to know whether this stock is a good buy or not.
Defence stocks as a basket has outperformed recently. Companies, particularly the PSUs, are sitting on huge orders that are supposed to be delivered over the next 4-5 years, providing strong revenue visibility. Does this make defence stocks a bet for long term? Watch here to find out which stocks look attractive
In terms of valuation, following the past year's rally, ICICI Bank’s valuation discount to that of HDFC Bank has narrowed. It is, however, still trading at around 18% discount to its closest lending peer hence, there is room for further closing of the gap with HDFC Bank, here's why
HCL Technologies' prima facie tepid show in Q4FY22 masks the strong performance of its service business. However, the stock remains one of the cheapest large-cap IT names, and MC Pro believes it could be added gradually in a volatile market. Here's why
In terms of valuations, Amara Raja is now trading at 10.8 times FY24 projected earnings, which appears attractive, especially following the >45% correction from January'21 high. MC Pro advises investors to include the stock for the long term. Here's why
ICICI Prudential Life is trading at a significant discount to HDFC Life. With improving business fundamentals, MC Pro expect the gap to narrow down further in the long term, offering upside to the current stock price. Here’s how
Equitas Small Finance Bank has been trading flat in the past three months. On the ground, growth seems to be picking up, the strong liability profile is gaining traction impressively, and with broad-based normalisation of economic activities, asset quality worries are reducing, especially for Equitas that has a book loaded with secured assets. Given all this, is it the right time to own the stock? Watch the video to find out.
HDFC Bank has finished FY22 on a high note. The bank’s Q4 results were aided by strong loan growth and lower provisions. The valuation looks attractive but merger uncertainty will keep the stock volatile. So, should investors buy, sell or hold the stock post Q4 earnings. Watch the video to find out.
After a gap of almost four years, Hindustan Aeronautics’ stock is now trading well above its issue price of Rs 1,240 a share. Should you buy? Watch the video for more
Dodla Dairy’s stock has corrected by about 26 percent from its all-time high in November 2021 and MC Pro recommends adding the stock to your portfolio. Here’s why
While FY22 turned out to be a spectacular year for the MF industry in terms of equity inflows and growth, most listed asset management companies have underperformed the benchmark in the past year. Here's why the companies are underperforming.
Ceat’s stock price has corrected by more than 40 percent from its high in February 2021, making the valuations very attractive for the company. Here's what makes us upbeat about the stock.
The shares of Krishna Institute of Medical Sciences (KIMS) is up 74 percent from the IPO price, and we believe it holds value due to credible execution in the hinterland. Watch the video to know why it makes for a good investment bet.
Supported by a strong balance sheet, quality of earnings, and reasonable growth, Bharat Electronics (BEL) offers good value in light of market volatility and attractive valuations. Here’s why you should invest.
MC Pro recommends investors with higher risk appetite to buy JSPL at current levels and accumulate on declines. Watch the video to know why.