Timken India (TIL) is primarily into the manufacture and distribution of tapered roller bearings, components and accessories for the automotive sector and the railway industry. The operating cash flow is also seen increasing year after year.Currently, the stock trades at 32x of its earnings and delivers 21.7% RoCE. It also pays an average annual dividend …
In 2011, Alembic Pharma Ltd(APL) was de-merged from Alembic Ltd to provide more thrust to formulations and insulate this business from the vagaries of commoditised APIs.It is trading at P/E valuation of 16.7x of 9MFY20 earnings and has a good return on equity (ROE) track record last 3 Years ROE 22.2%.Hence BUY.
Promoted by the Tata group, Trent operates Westside, one of Indias largest and fastest growing chains of departmental stores. Trent has maintained consistent profit growth of 67% over 5 years and has been maintaining a healthy dividend payout of 40%.Hence BUY.
Tata Chemicals is a global chemicals company serving the needs of industry, consumers and the agricultural sector. The Company manufactures inorganic chemicals, consumer products, crop protection and agriculture inputs, and nutritional solutions. AT the end of FY19, debt-equity ratio came down to 0.5x from 1.3x in FY14. Currently, the stock trades at 15.5x of its …
Balkrishna Industries (BIL) is engaged in the business of manufacturing and selling of Off-Highway Tyres (OHT) in the specialist segments such as Agricultural, Industrial & Construction and so on. The company’s balance sheet looks strong with reducing debt dependence. The debt-equity has come down to 0.2x in FY19 from 1.4x in FY14. Currently, the stock …
Dr. Reddys Laboratories Limited is a pharmaceutical company that is engaged in providing medicines. The Company operates in three segments: Global Generics, Pharmaceutical Services and Active Ingredients (PSAI), and Proprietary Products. Its cash flow management also looks well with steady cash flow generation at the operational level and investing the cash in assets and income …
Given recent slowdown in the economy there are expectations that the budget would contain bold measures to boost the economy. Tight fiscal and monetary policy over the past few years coupled with major structural changes have taken a toll on growth which was further exacerbated post the IL&FS crisis and its fallout. This is reflected …
Gujarat Gas (GUJGA) is engaged in Natural Gas Business in India. Natural gas business involves distribution of gas from sources of supply to centres of demand and to the end customers. On the financial health front, the company is reducing its debt year after year and currently stands at 1.1x. Simultaneously interest coverage ratio is …
Linde India Limited, formerly BOC India Limited, is engaged in the gases business.Alongside, its cash flow is increasing steadily and it is reducing its debt burden. Overall in FY18, the company’s debt-equity stood at 0.8 from 1 in FY16. Hence, Buy.
Thyrocare Technologies primarily operates in healthcare segment and is primarily involved in providing quality diagnostic services at affordable costs to patients, laboratories and hospitals in India. On the financial health front, the company looks sound with zero debt in its balance sheet. Currently, the stock trades at 28.5x of its earnings and delivers 32.4% RoCE. …
Navin Fluorine International belongs to the Padmanabh Mafatlal Group, with a legacy of business operations since 1967, having one of the largest integrated fluorochemicals complexes in India. The Company primarily focuses on fluorine chemistry.On the financial health front, the company looks sound with virtually zero debt in its balance sheet. The company pays dividend of …
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