Dilip Davda: Bullish on the Economy, But Stay Alert on Pricing

The mood at the start of this week is a constructive one. I am bullish on the economy, and the Prime Minister’s Independence Day address has only strengthened that view. In his speech, he announced a fresh set of growth measures for the Indian economy, and if these are carried through, they should keep the … Read more

Volume Growth Has Finally Returned For This Company

Cleanest volume-led numbers in several quarters, Hush Puppies and Floatz leading, ZBM covering 80% of COCO revenue, e-commerce at 14% of turnover  For the better part of the last two years, Bata India’s management has been executing a quiet but comprehensive self-help agenda — simplifying the product range, rationalising vendors and store formats, installing the … Read more

This Stock Is Down, But Not The Business

Rs 160 billion order book, tower capacity doubled, conductor capacity doubling, Rs 800-1,000 billion domestic T&D pipeline ahead  There is a specific setup in small and mid cap stocks that experienced investors recognise — a quality business whose stock corrects sharply on a guidance cut and modest quarterly results, while the underlying order book, execution … Read more

ENS Enterprises Ltd SME IPO: What You Should Know

A UP-based digital commerce and software solutions company opens its Rs 33.14 crore BSE SME issue on August 14  ENS Enterprises Ltd. (EEL), an end-to-end digital commerce and software solutions provider serving clients across 12+ countries, opens for subscription on August 14 with the issue closing on August 18. The company is listing on BSE … Read more

Skytech Infinite Platform Ltd SME IPO: What You Should Know

A Pune-based automation control panel maker opens its Rs 22.68 crore NSE SME Emerge issue on August 14 . Skytech Infinite Platform Ltd. (SIPL), a specialist in turnkey automation solutions and control panels, opens for subscription on August 14 with the issue closing on August 18. The company is listing on NSE SME Emerge. Skytech … Read more

Technocrats Plasma Systems Ltd SME IPO: What You Should Know

A Vasai-based plasma cutting and welding equipment maker opens its Rs 60.98 crore BSE SME issue on August 14  Technocrats Plasma Systems Ltd. (TPSL), a Maharashtra-based engineering-led metal fabrication equipment maker, opens for subscription on August 14 with the issue closing on August 18. The company is listing on BSE SME. Technocrats Plasma Systems Ltd. … Read more

Credent Connect n Care Ltd SME IPO: What You Should Know

A Delhi-based healthcare logistics and workforce services company opens its Rs 93.90 crore NSE SME Emerge issue on August 13  Credent Connect n Care Ltd. (CCCL), a provider of sample transportation, phlebotomy services and diagnostic workforce solutions to healthcare institutions across India, opens for subscription on August 13 with the issue closing on August 17. … Read more

Behari Lal Engineering Ltd IPO: What You Should Know

One of India’s largest metal roll producers opens its Rs 301.62 crore mainboard issue on August 12 Behari Lal Engineering Ltd. (BLEL) sits at a specialised corner of the Indian iron and steel industry. It is not a bulk steel producer competing on tonnage — it is a customised engineering solutions company that makes precision-engineered … Read more

Pramodini Medicare Ltd SME IPO: What You Should Know

A diagnostic services provider with 16 centres across 7 states opens its Rs 69.04 crore NSE SME Emerge issue on August 12  Pramodini Medicare Ltd. (PML), a provider of radiology, clinical laboratory and nuclear medicine services with 16 diagnostic centres across India, opens for subscription on August 12 with the issue closing on August 14. … Read more