Frontier Springs Limited (FS IN): Beneficiary Of India Rail Capex, With Superior ROCE And Growth
A certified, near-duopoly supplier of springs and forgings to Indian Railways, compounding revenue above 35% on 41% ROCE and a net cash balance...
162 Views
NIFTY200 Momentum30 / Nifty100 LowVol30 Index Rebalance: Over US$2bn to Trade in June
The deletes have outperformed the adds by 4.7% since the announcement of the changes. The passives trade at the close today and those flows could...
201 Views
NIFTY200 Momentum30 Index Rebalance Preview: 75% One-Way Turnover & US$1.9bn Trade
We forecast 22 changes for the index in Dec. One-way turnover is estimated at 74.6% resulting in a round-trip trade of INR 180bn (US$1.9bn). The...
171 Views
India: How "Free Electricity" Schemes May Be Linked to Excellent Industrial Growth Numbers?
If we look more closely at the latest Industrial Production (IIP) increase data which reported a strong overall growth of 8.1% yoy, we find a mixed...
1.1k Views
India: Thermal Coal Imports Are Rising, What Does It Mean For End User Industries and the Economy?
India's coal imports have risen 10% in the first eight months of FY19 and this year is likely to be the repeat of previous financial year when...
662 Views