The Grader captures the three factors that determine investments: valuation, returns and price strength. Our grader captures these three parameters. In this system, A is a higher rank than B and so on. Since, in valuation lower is better, we have ranked them accordingly. So in valuation too A is better than B.
Main developments in Indian business this week.
From 31st January to 6 February 2025, ML Large-cap Index rose 2%. ML Small-cap Index, ML Mid-cap Index and the Sensex rose 1% each. The NIFTY and ML Mega-cap Index ended flat. ML Micro-cap Index fell 1%.
Welcome to the fifth instalment of our Wealth Creators (WC) series. In the previous parts, we laid the foundation for understanding how certain stocks have consistently generated long-term wealth.
The Reserve Bank of India (RBI) made a significant move in its February 2025 monetary policy committee (MPC) meeting by cutting the repo rate by 25bps (basis points) to 6.25%, marking the first rate reduction in nearly five years.
Neogen Chemicals Limited (Neogen) is a manufacturer of specialty chemicals, with a focus on bromine and lithium-based compounds. Exports accounted for 27% of its total revenue in FY23-24; it is also a major importer of lithium carbonate and lithium hydroxide.
Premier Energies Limited (PEL) is an integrated solar cells and modules manufacturer, based in Hyderabad (Telangana). It has five facilities with an annual capacity of 2GW (gigawatt) for solar cells and 4.13GW for solar modules.
The HR (hot rolled) coil-based steel tubes market, particularly relevant to APL Apollo, is expected to grow faster than the scrap steel-based tubes market, due to its superior quality, better cost efficiencies for blast furnace HR mills over local scrap steel melting mills.
India's energy sector relies heavily on imports, sourcing about 86.11% of its crude oil from abroad, due to insufficient domestic production capacity. This gap between output and consumption necessitates ongoing investment in exploration and extraction to enhance local production, especially as energy demand grows at around 6% annually due to industrial expansion and consumer needs.
Wise Travel India (Wise) is one of the three listed companies that are providing transportation services and chauffeured cab rental services (CCR), a business that is booming. We have covered the first one -- Shree OSFM e-Mobility-- here.
India’s automotive-components sector encompasses a wide range of players, including major corporations as well as small-scale enterprises dispersed across various clusters nationwide. Within this sector, the safety aspect of a vehicle is heavily reliant on its braking system, making it the most crucial component.
Piramal Pharma Limited (PPL) is a global pharmaceuticals and wellness company, with operations across 17 manufacturing and development facilities and a distribution network spanning 100+ countries.
Benchmark indices, the Sensex and Nifty 50 continued their upward trend, supported by the Economic Survey 2024-25 which projected India’s GDP growth between 6.3% and 6.8% for FY25-26. The Survey highlighted stable private consumption, fiscal consolidation and strong economic fundamentals as key growth-drivers. India’s MSCI-EM index weight peaked at 20% in July 2024 before settling at 19.4% by December.
From 24th January to 30 January 2025, the Sensex and the NIFTY rose 1% each. ML Mega-cap Index ended flat. ML Small-cap Index, ML Large-cap Index and ML Mid-cap Index fell 2% each. ML Micro-cap Index fell 3%.
Main developments in Indian business this week.
KEI Industries Limited (KEI) is a leading manufacturer of wires & cables which has transformed itself, over the years, into a mid-sized cables company with a global footprint exporting its products to more than 45 countries.
Mankind Pharma Limited (Mankind), established in 1995, is a fast-growing pharmaceuticals and consumer healthcare company. It has implemented a unique grassroots approach, focusing initially on providing high-quality medications to rural communities.
Gravita India (Gravita) is a leading recycling and manufacturing company with a strong global presence and an extensive customer network across 32 countries. The company serves over 325 clients worldwide, delivering more than 169,000MT (metric tonnes) of recycled products annually.
Waaree Renewable Technologies Limited (Waree) is in the business of solar engineering-procurement-construction (EPC) and also service, operation and maintenance (O&M) of solar power projects. It also works as a solar developer - generation of power.
Dr Agarwal’s Healthcare (Dr Agarwal’s) provides eye-care services, including cataract, refractive and other surgeries; consultations, diagnoses and non-surgical treatments. It also sells optical products, contact lenses, accessories and eye care-related pharmaceutical products.
