"Maruti with its more than 50 percent share is our preferred sector pick. Within auto parts, we have a 'buy' rating on Endurance, which will benefit from its increasing content supplies to the two and three-wheeler OEMs. The parts supplier has acquired the European parts companies - Adler and Grimeca, which will further enhance their technical competence," said Makharia. … [Read more...] about July auto sales signal recovery: Should you buy stocks from the sector?
Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about D-Street Talk: Saurabh Mukherjea gives a low-down on how he picks winners for Kings of Capital portfolio
1. Type 1 – Capital redeployed only in core businesses historically: Firms such as Page Industries and Relaxo Footwears have reinvested on average, 50% and 90% respectively of their annual operating to expand manufacturing capacities in their core operations, enhance IT systems, etc. Moreover, every layer of geographical (within India) or product category expansion has been carried out organically in adjacencies which have a significant overlap with their existing core business. For instance, over two decades, Relaxo expanded pan-India into sports shoes and various sub-segments of casual footwear, from being just a north-India player manufacturing flip-flops. Page started off by offering just men’s innerwear in the 1990s and has subsequently expanded into leisurewear, sportswear and outerwear categories for men, women and kids. For such companies,we focus on building conviction on the runway of growth available to the firm’s core … [Read more...] about Saurabh Mukherjea’s investment mantra to navigate through a crisis: Part-2
By the time he landed, it had caught fire. The commercial soon racked up 10 million views on Twitter alone, and was further amplified by Reynolds’s appearance on The Tonight Show a few days later. (The “where to buy” searches on Aviation’s website spiked so dramatically that the website-hosting company thought something had gone wrong.) Aviation, in which Reynolds bought a stake in 2018, was already the fastest-growing gin brand in the world, with triple-digit growth in 2018 and 2019 and the same projected for 2020, despite bar and restaurant closures. “We got something like 13 billion media impressions last year,” says Andrew Chrisomalis, CEO of Davos Brands, the wine and spirits company that co-owns Aviation with Reynolds. “And we spent less than a million dollars on product marketing. If you do the math, it’s less than a tenth of a cent per impression, which is extraordinary.” … [Read more...] about Ryan Reynolds on ‘Deadpool,’ diversity, and the secrets of successful marketing
Reports suggest that investment in ETFs has seen a sharp rise in the recent past. Investors are moving away from actively-managed equity funds. In June, ETFs saw inflows of Rs 4,092 crore, four times higher than the previous month. … [Read more...] about 3 Point Analysis | Why are investors opting for ETFs?