Pick of the Week

LTM, India’s sixth‑largest IT services firm, expects stronger Q2 and H2FY27 growth driven by rising AI adoption and productivity‑linked pricing. Q1FY27 order inflow was stable at USD 1.68bn, with record TTM deal wins of USD 6.65bn supporting medium‑term visibility. Its €160mn acquisition of Randstad’s tech services arm is on track, enhancing nearshore capacity and global […]

ICICI Bank continues to strengthen its operating model through simplified processes, sharper data analytics, AI adoption, and risk‑calibrated profitable growth. Superior tech and distribution investments should boost operating leverage, helping offset normalizing credit costs and sustain industry‑leading profitability (RoA/RoE: 2.5%/17.1% in Q1FY27). A strong deposit franchise and expected retail‑loan uptick support growth leadership. NIMs are […]

Jubilant Ingrevia is a globally scaled leader in acetic anhydride, pyridine and derivatives, serving 1,600+ customers across 63 countries. After completing a pivotal ₹1,700‑cr capex cycle, the company has transitioned from a product‑led intermediates maker to a high‑margin Specialty Chemicals & CDMO solutions partner, supported by strong non‑China scale in pyridine. Investments in Diketene and […]

LTHL is a leading mid‑market hospitality player with 11,946 rooms across 135 hotels, spanning economy to upper‑upscale formats under brands like Red Fox, Keys, Lemon Tree and Aurika. Its clear pivot toward an asset‑light managed/franchise model now 52% of inventory enhances profitability and lowers capex intensity. A diversified brand stack and a broad pan‑India footprint […]

Torrent Power is one of India’s largest integrated private utilities, with 5.1 GWp of diversified generation and a strong, urban‑centric distribution footprint serving 4.2 mn consumers with near‑100% collection efficiency. A balanced, largely contracted portfolio and a fast‑scaling renewable + pumped‑storage pipeline strengthen earnings visibility. Robust cash flows and regulated returns should support the ~₹80,000‑cr […]

JK Paper is one of India’s largest paper and packaging‑board manufacturers, with 761ktpa consolidated capacity and leadership positions in copier paper (>25% share) and virgin fibre board (>17% share). Strong brand equity, integrated wood‑based pulp, and expansion into corrugated boxes (350ktpa) and mono cartons via BPPL acquisition position the company as a diversified packaging major. […]

BEL remains India’s dominant defence electronics supplier, benefiting from scale, long-standing armed‑forces relationships, and strong R&D and manufacturing capabilities. Government ownership supports steady nomination-based orders, while defence offsets add medium‑term opportunities. A robust order book, zero‑debt balance sheet, superior profitability and healthy return ratios underpin strong growth visibility. We expect ~15% revenue CAGR over FY26–28E, reinforcing […]

Gandhar Oil Refinery (India) Limited (GORIL) delivered its strongest-ever quarter in Q1FY27, with consolidated revenue from operations rising 91.8% YoY to ₹1,732 crore, compared with ₹903 crore in Q1FY26. The Personal Care, Healthcare and Performance Oils (PHPO) segment grew 18% YoY, while the Process and Insulating Oils (PIO) business grew 28%. Exports also increased significantly, […]

Goldiam International had a very strong Q1FY27. Revenue grew 41.9% YoY because demand in the US has recovered after tariff changes, and the company is also growing in non‑US markets. Lab‑grown diamonds now form 91% of exports, and online sales make up 19.3% of FY27 revenue. The order book is healthy at Rs 225 crore […]

Emmvee sustains industry‑leading EBITDA margins of 31–33% driven by premium realisations, a sticky customer base and disciplined procurement. Despite sector-wide margin‑compression risks, its strong positioning, ALMM‑II compliance and robust order book enhance resilience. Upcoming backward‑integrated cell lines (Q1FY28) will strengthen long‑term cost control. Operational efficiencies and entrenched market presence support a highly stable earnings trajectory.