moneycontrol India Stock of the Day (December 2023)
Crompton Greaves, Ami Organics, Cantabil Retail India, Deccan Cements, Godrej Consumer Products, Galaxy Surfactants, Hindalco Industries, SAMHI Hotels, Craftsman Automation, Hindustan Aeronautics, etc
moneycontrol is India's leading financial and business portal who does short (roughly 4 minute) Stock of the Day video pitches about Indian stock picks.
Indian stocks featured in their December Stock of the Day videos (from newest to oldest) and covered in this post include:
Crompton Greaves; Ami Organics; Cantabil Retail India Limited; Deccan Cements; Gabriel India; Godrej Consumer Products; KEC International; Aditya Birla Capital; Life Insurance Corporation of India; Zomato Limited; Global Health Limited (Medanta); ESAF Small Finance Bank Limited; Cyient DLM Ltd; Galaxy Surfactants; Hindalco Industries; SAMHI Hotels; Craftsman Automation; & Hindustan Aeronautics
The Indian stock market has replaced Hong Kong’s to become the fourth-highest equity market globally. The combined value of shares listed on Indian exchanges reached US$4.33 trillion as of Monday's close, versus US$4.29 trillion for Hong Kong.
On a different note: This week is also Thaipusam, a Tamil festival that is only a public holiday in (to my knowledge) one Southern Indian state plus several Malaysian states or territories (Thursday, January 25th). In Kuala Lumpur, Thaipusam is celebrated with a procession led by a silver chariot that left the Sri Maha Mariamman Temple in Chinatown (easy for me to walk to…) last night and arrived this afternoon at the Batu Caves (which will be jam packed and a nightmare to leave on the KTM trains):
9.00 p.m. – Chariot Procession Begins: Join the throngs of devotees on a 15-kilometre walk as Arulmigu Sri Valli, together with Sri Dhevasena and Sri Subramaniar, are positioned on the adorned Silver Chariot. The decorated ratham will be the focal point, surrounded by devotees carrying palkodam (milk pots), or walking barefoot on the ground as a symbol of their devotion. Thaipusam 2024: Where & When To Follow The Silver Chariot
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Forward or trailing P/E and dividend yields linked back to the Yahoo! Finance statistics page.
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And as always, this post is provided for informational purposes only (and to make your life easier by providing you with relevant information, links, and charts). It does not constitute investment advice and/or a recommendation…
Crompton Greaves
Crompton Greaves (NSE: CROMPTON / BOM: 539876) is one of the leading consumer companies in India with a 90+ years old brand legacy. The company has lighting and electrical consumer durables including LED lighting, fans, pumps, and household appliances like water heaters, air coolers, and kitchen appliances.
Crompton Consumer: Company's Undergoing Transformational Shift A Plus Point? | Stock Of The Day
Description: Crompton Consumer, a dominant player in the consumer durables industry, currently trades at reasonable valuations of 32x FY25 estimated earnings amidst widespread market euphoria. The company is undergoing transition, and the stock, as well as earnings, could surprise on the upside in 2024/25 on the back of realignment of business strategy (following the appointment of a new CEO), deleveraging of the balance sheet, integration benefits, and synergies from Butterfly Gandhimati acquisition and revival in retail consumption.
Forward P/E: 30.67 / Forward Annual Dividend Yield: 1.00% (Yahoo! Finance)
Ami Organics
Ami Organics (NSE: AMIORG / BOM: 543349) engages in the research and development, manufacture, and sale of pharmaceutical intermediates in India. The company offers approximately 450 pharma intermediates for use in regulated and generic active pharmaceutical ingredients for anti-retroviral, anti-inflammatory, anti-psychotic, anti-cancer, anti-parkinson, antidepressant, and anticoagulant applications, as well as in new chemical entities. It also provides preservatives, such as parabens and parabens formulations for use in cosmetics, animal food, and personal care industries; and specialty chemicals for use in cosmetics, dyes, polymers, and agrochemicals. In addition, the company exports its products.
Recently Ami Organics acquired two manufacturing facilities of Gujarat Organics Limited situated at Ankleshwar and Jaghadia to strengthen & enhance its speciality and fine chemical portfolio to enter Agrochemical, Cosmetics & Polymer Industry. The Company is located in the western part of India in Gujarat state, with a strong market presence in more than 27 countries. Being an integrated supplier of Global Healthcare Products, Ami Organics Limited caters both, domestic and international market covering North & South America, Europe, and Asian Countries.
Ami Organics: New Pharma Facility Adds To Medium Term Growth Visibility | Stock Of The Day
Ami Organics gets 86 percent of its revenue from the pharma space wherein it manufactures intermediates for APIs and NCE (New Chemical Entities). The rest of the revenue comes from the chemicals segment. The company’s foray into lithium-ion batteries and the semiconductor industry value chain is expected to be key earnings catalysts.
Trailing P/E: 77.86 (no forward P/E) / Forward Annual Dividend Yield: 0.27% (Yahoo! Finance)
Cantabil Retail India Limited
Cantabil Retail India Limited (NSE: CANTABIL / BOM: 533267) is in the business of designing, manufacturing, branding and retailing of apparels under the brand name of CANTABIL. They have a network of 500+ exclusive retail outlets & employee strength of more than 3700+ spread across India. The Company started its garments manufacturing and retailing business in 2000 and opened its first Cantabil store in September 2000 in New Delhi. The CANTABIL brand offers a complete range of formal, party, casual & ultracasual clothing for Men and Women in the middle to high-income group.
In the last 22 years, CANTABIL has become a complete family wear brand with the addition of the women’s wear segment in 2007. Sales of the Company were Rs. 551 Cr. in fiscal year 2022-23. They launched another segment in 2013 to the men’s segment in accessories like undergarments, ties, belts, socks, caps handkerchiefs etc.
Cantabil India: Rapid Store Expansion, Widening Product Portfolio To Drive Growth | Stock Of The Day
CRIL is continuing rapid network expansion by not only deepening presence in existing cities but also entering new towns. Increasing share of women wear as well as accessories would drive the Same store sales growth (SSSG). Entry into newer categories enables to broaden the offerings and serve as one stop shop for the consumers.
Trailing P/E: 32.37 (no forward P/E) / Forward Annual Dividend Yield: 0.40% (Yahoo! Finance)
