INVESTMENT THESIS Revised and from date of Original Publication: 16 July 2023 for news on Special Dividend ASTER DM has a unique business model with a presence in India’s growing healthcare industry and an established business with strong returns. Aster DM Healthcare...
Until about a decade back, FMCG and pharma stocks were considered the most lucrative investment options. Over the past 10 years however, pharma stocks have underperformed the broader markets. The sector as a whole has genereated a lot of interest in recent times. This...
Unitech got into financial constraints and mismanagement as has been alleged sometime from 2013-2014 onwards, which resulted in non-delivery of sold units to the Homebuyers. This followed litigation at various fora and the promoters were lodged in jail in 2017....
VALUATIONS We maintain a positive view on Mold-Tek Packaging. Our Call – Buy We expect a 36% upside due to the company’s earnings being at an inflection point. Mold-Tek Packaging is expected to show superior volume growth and margin improvement, supported...
Valuations- The company has guided for 1200 cr revenue and 16-17% margins in FY 24, at current valuations available at 4.73X Book and 36X EBDITA for FY 23. If the management fulfills its guidance, they are expected to generate around 192Cr EBITDA. Based on the...
Sula Vineyards – Industry leader with over 52% market share in the unfortified wine and 61% in the Elite and Premium segment. PEER COMPARISON INCOME STATEMENT VALUATIONS Sula Vineyards is trading at a cheap PE Multiple of 48.67, compared to its closest peers and...
