stock recommendation

Stock Recommendation : An engine maker with EV aspirations

Mobility powered by electricity is fast becoming a reality. And one space that is expected to see accelerated adoption of electric vehicles is the basic commuter space, made up of 2- wheelers, particularly scooters. Scooters are mostly used for short commutes, their electric versions have a more affordable purchase price after FAME II (Faster Adoption and Manufacturing of EV) subsidy and they have lower running costs than petrol scooters. With almost 40 lakh scooters sold in India in a year, annual sales of 40,000 units for high-speed EV scooters look small. There is scope for faster adoption driven by basic commuting, e-commerce, and low speed mobility needs.

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Stock recommendation: A consolidation play in the commodity space

Last month, we reviewed a lesser-known a consolidation play in the commodity space play as a story fitting a โ€˜special situationsโ€™ theme. We now issue a โ€˜buyโ€™ call on this stock and recommend accumulating the stock in phases, preferably adding on dips, if opportunities arise.

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Stock Recommendation : Own many great businesses through this one stock

In bull markets, expensive valuations often make it necessary for investors to look for offbeat opportunities to acquire a wealth generating company. The investment arms of leading promoter groups in India offer such opportunities to buy sound companies, at a discount to prevailing valuations.

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Stock recommendation: A dividend play on consumer demand recovery

Stocks and sectors that are likely to take an immediate hit to revenue and profits have slipped more than others. But many among these have medium to long-term growth drivers in place, and are strong enough to weather near-term impact to profitability.

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Stock Recommendation: An attractive earnings compounder

For investors seeking to play the agri-theme in India, the fertiliser industry must surely rank as the least attractive, with the government controlling selling prices of the end-product at artificially low levels (even in โ€˜decontrolledโ€™ fertilisers), production losses met by Central subsidies, high import dependence for raw materials and the vagaries of the monsoon deciding sales.

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Stock Recommendation: A defensive stock to weather upcoming volatility

Financial stocks are dicey bets to make when stock markets are expensive and thereโ€™s uncertainty over the economic outlook. But hereโ€™ an NBFC that is a good portfolio addition today, for investors seeking a defensive stock that can weather any upcoming volatility while delivering long-term wealth.

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