Manufacturing investment

Share to Twitter Share to Linkedin The fitness energy drink producer expects to integrate over 200 of its independent U.S. distributors with PepsiCo’s PEP network, and further decentralize warehouses so as to be closer to its co-manufacturers in the face of inflationary and supply chain constraints, CEO John Fieldly recently told me during an exclusive interview. Celsius Holdings, which has taken over social media and the fitness industry by storm, recently secured a $550 million investment along with a long-term distribution partnership with the Gatorade maker that will allow the company to significantly increase its global footprint by 40% and better target college campuses. Fieldly notes how the shortage of cans and other logistical headwinds, such as high shipping costs, have been holding back Celsius and peer beverage businesses for years especially during the peak of the pandemic. “For raw materials, we have secured can production on a go-forward … [Read more...] about ‘We’re Scaling Rapidly’: Celsius Energy Drink’s CEO To Streamline Logistics After Receiving $550 Million Investment From PepsiCo

Sansera Engineering | CMP: Rs 714 | The scrip fell over 7 percent after the company said one of its clients recalled Rs 3,066-crore order that was placed in April. “Regarding business contract from a leading North American OEM for development, manufacturing and supply of connecting rods starting July 2025, we would like to inform you that basis recent review of business plan/strategy, our customer has decided to drop this project, consequent to which, the contract awarded to us by the aforesaid OEM stands withdrawn,” Sansera Engineering said in a regulatory filing on July 26. PRO Only Highlights - Quarterly performance largely backed by improved realisations - Medium-term triggers China plus and protectionist measures for tyre industry - Valuations not inexpensive; but improved medium-term outlook Cummins India continues to ride on the economic recovery, both in the domestic and the export markets, despite geopolitical concerns, supply-chain issues, and … [Read more...] about Cummins India: Back on growth path; expensive valuation tempers excitement

Paul Moller stands in the back corner of a large garage in Davis, California, clean-shaven and wearing a large pair of golden aviator glasses. The 52-year-old engineer is a professor down the road at the University of California, Davis, but he’s not the type to sit back with a book and highlighter. In his white polo shirt and glossy brown bomber jacket, he looks ready to tinker with the shiny invention behind him at knee-level at a moment’s notice. advertisement advertisement The dark blue saucer behind Moller features eight propellers encircling a small, one-person cockpit. Behold Moller’s new M200X—a vehicle reminiscent of the Jetson family’s green flying car that Moller says is almost ready for manned test flights. Cut to: Moller stands outside with the M200X in an open grassy field. The vehicle, tethered to a rope, powers up, whirring loudly. The saucer lifts slowly into the air, rocking back and forth unsteadily, before Moller and his team signal … [Read more...] about Paul Moller’s 50-year dream to build a flying car won’t die

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × ICICI Direct's research report on Glenmark Pharmaceuticals Glenmark’s business is separated into three entities – • Glenmark Pharmaceuticals for building a global generic, specialty and OTC business in therapy areas of dermatology, respiratory, oncology among others • Glenmark Life Sciences for manufacturing and marketing APIs • Innovation new company (ICHNOS) to focus on discovery and development of novel, first‐in‐class treatments in the therapeutic areas of immunology, oncology and pain encompassing both NBEs as well as NCEs. Outlook Maintain HOLD as we await EBITDA margin sustainability besides persisting US base business pressure amid regulatory hurdles at Monroe facility. We value Glenmark at Rs440 based on SOTP valuation. For all recommendations report, click here … [Read more...] about Hold Glenmark Pharmaceuticals; target of Rs 440: ICICI Direct

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × ICICI Direct's research report on Hester Biosciences Hester is one of India’s leading animal healthcare companies & the second largest poultry vaccine manufacturer in the country. It has a strategic presence in 30+ countries with key markets being India, Nepal and Tanzania. It operates through four broad verticals: poultry vaccines, poultry health products, animal vaccines and animal health products • Revenue segment wise: poultry healthcare:73%, animal healthcare: 27%. Outlook Downgraded from HOLD to REDUCE due to adverse demand environment for poultry vaccines, slower ramp-up in Africa business, delay and uncertainty in execution of tenders along with dwindling margins. We value Hester at Rs 2015 (base business at Rs 1967 i.e. 38x FY24E EPS of Rs 51.8 + NPV of Rs 49 for … [Read more...] about Reduce Hester Biosciences; target of Rs 2015: ICICI Direct

Rama Steel Tubes: Nomura Singapore buys 1 lakh shares in Rama Steel Tubes. Nomura Singapore bought 1 lakh equity shares in the company via open market transactions on June 15. These shares were acquired at an average price of Rs 371 per share. Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × ICICI Direct's research report on Timken India Timken India is into manufacturing, distribution and sale of antifriction bearings, primarily tapered roller bearings, cylindrical roller bearing and other bearing components and accessories. They are also in power transmission product brands & partner with renewable energy companies to power some of world’s largest wind mills • Timken offers products to defence, mining, aerospace, agriculture, rail, energy and automotive industry • It has state-of-the-art manufacturing plants in Jamshedpur … [Read more...] about Buy Timken India; target of Rs 3560: ICICI Direct

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × ICICI Direct's research report on Hindustan Aeronautics Hindustan Aeronautics (HAL), the largest defence PSU in India, is engaged in design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures • The company has delivered revenue, EBITDA and PAT CAGR of 7.4%, 12% and 26.5% respectively, in FY18-22. In FY22, repair & overhaul contributed ~64% to total revenues while manufacturing contributes~30%. Outlook We continue to remain positive and retain our BUY rating on the stock. We value HAL at Rs 2,860 i.e. 20x PE on FY24E EPS. For all recommendations report, click here Close Disclaimer: The views and investment tips … [Read more...] about Buy Hindustan Aeronautics; target of Rs 2860: ICICI Direct

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Arihant Capital's research report on Heranba Industries Heranba Industries Ltd. is a crop protection chemical manufacturer, exporter and marketing company. The manufacturing facilities are located in Vapi and at Sarigam near Vapi. It is currently expanding its capacity at Sarigam and also possess additional land bank at Saykha, Dahej for future capacity expansion. The company announced its Q1FY23 results, where-in the top-line and bottomline were below estimates. The company faced challenges on the cost front with raw material cost inflation. Also, the lock-down in China hurt its major export market and negatively affected the growth in revenues. Due to pressure on both the company operations and cost front, it generated negative cash flow from operations in Q1FY23, although the quantum was … [Read more...] about Buy Heranba Industries; target of Rs 1073: Arihant Capital

(CTN News) – As a result of soaring fuel prices, PTT has topped the list of Thailand’s highest revenue corporations for 2021, which is not surprising but probably very frustrating to many Thais. It is no surprise that the national oil and gas conglomerate has broken 1 trillion baht in the last year due to huge inflation in the price of oil. PTT Public Co Ltd and all of its subsidiary companies have the highest revenue in Thailand, and have greatly benefited from the global increase in energy prices. When less tangible investments are failing, people tend to put their money into gold which is widely accepted as a foundation for capitalist economies. Three gold and jewellery companies made the top five revenue list in 2021. Petroleum and automotive companies filled out the rest of the top 10 list, with retailer CP All sneaking into the top 10. Thailand’s top 10 most profitable companies in 2021 were: 1 PTT petrol Revenue 1 trillion baht (+36.06% … [Read more...] about PTT Tops Thailand’s Corporate Revenue List For 2021

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2022. REUTERS/Brendan McDermid/File photo By Lewis Krauskopf NEW YORK- Stronger-than-expected corporate earnings have helped fuel the rebound for U.S. stocks but some investors are pointing to potential risks ahead for profits that could sap the market’s momentum. With the vast majority of S&P 500 companies reported, second-quarter earnings are expected to have climbed 9.7 percent from a year earlier, well above the 5.6 percent estimated on July 1, according to Refinitiv IBES. The robust profits have supported a rally that has taken the S&P 500 up about 14 percent this quarter, after a brutal first half. Some market participants are growing concerned, however, that strong corporate numbers may not last, as companies face an array of challenges, including surging inflation and changing consumer spending habits. These may make it difficult for stocks to hold their recent … [Read more...] about As earnings support U.S. stock rebound, worries over future profits grow