Right now, we advocate two shares, one from the wires and cable sector and one other from the transport providers sector, really useful by the Commerce Brains Portal, to purchase for an upside potential of greater than 24%. We additionally analyzed the market’s efficiency on Tuesday to know what could lie forward for the inventory indices within the coming days.
- Present value: ₹ 931.00
- Goal value: ₹ 1,150
- Upside: 24%
- Time-frame: 16-24 Months
Why it’s really useful: The firm was established in 1958 and is among the nation’s main and most diversified producers {of electrical} and telecommunication cables. As market calls for are evolving, the corporate expanded into the fast-moving electrical items (FMEG) sector, positioning itself as an all-around electrical options supplier. Wires and cables, followers, water heaters, switches, switchgear, room heaters, irons, lighting, conduits and fittings, and sensible houses are amongst its huge product choices. Its cables and wires embrace energy cables, speaker cables, LAN cables, phone cables, agricultural cables, and residential cables.
The corporate reported robust monetary efficiency, with its income standing at Rs 1,595 crore in This autumn FY25, in comparison with Rs 1,401 crore in This autumn FY24, growing by 14% YoY. For the complete 12 months, income stood at Rs 5,319 crore in FY25, from Rs 5,014 crore in FY24, registering a progress of 6% YoY. Revenue after tax for Q4FY25 elevated to Rs 192 crore from Rs 186 crore in Q4FY24. For the complete 12 months, PAT stood at Rs 701 crore in FY25, in comparison with Rs 652 crore in FY24, registering a progress of seven.5%. The corporate protected itself and navigated by way of important commodity value volatility by way of dynamic pricing methods. The corporate anticipates capex of Rs 104 crore in FY26, together with a upkeep capex of Rs 40-50 crore. The corporate can be establishing new crops, which is able to additional improve its progress.
In January 2025, the corporate’s e-beam venture got here operational. The enterprise has launched two product traces to the market, together with its costliest wire for constructing. The corporate additionally launched photo voltaic cables in February 2025. The administration anticipates that these two new product traces will generate between Rs 500 and Rs 600 crore in income yearly when working at full capability. Supplementary merchandise will additional add to this stream. The Indian wire and cable trade is projected to develop considerably, with its market worth anticipated at USD 21.22 billion in 2025 and mounting to USD 32.85 billion by 2030, rising by 9.14% CAGR over the forecast interval from 2025 to 2030.
Threat elements: The corporate encounters fierce opponents from each organized gamers like Polycab India, KEI Industries, RR Kabel, V-Guard Industries, and so forth., in addition to from unorganized gamers within the trade. It’s also uncovered to uncooked materials threat, as fluctuations within the costs of uncooked supplies like copper, aluminum, and fiber optics could considerably affect the corporate’s enter prices.
- Present value: ₹ 745.30
- Goal value: ₹ 895
- Upside: 20%
- Time-frame: 16-24 Months
Why it’s really useful:
CONCOR, a “Navratna” Public Sector Enterprise underneath the Ministry of Railways, was established in 1988 and is a market chief within the transport providers sector. It has 66 terminals general, with 4 pure EXIM terminals, 35 mixed container terminals, 24 pure home terminals, and three strategic tie-ups at numerous areas. The corporate operates three separate enterprise operations: provider, terminal operator, and warehouse operator. It’s cut up into two sections, EXIM and Home. The corporate has 53,187 containers, 17,967 container wagons, 5 gantry cranes, 29 forklifts, 24 shunting engines, 130 LNG autos, and 107 attain stackers (RST).
Working income was Rs 8,887 crore in FY25, up 2.7%; EBITDA was Rs 2,330 crore, up 10% year-over-year, with an EBITDA margin of 25%; and PAT was Rs 1,292 crore, up 3.5% year-over-year. The corporate operates underneath two segments, i.e., the EXIM enterprise grew 7% 12 months over 12 months. The corporate’s home enterprise grew by 12% 12 months over 12 months, whereas its market share within the EXIM class elevated to 55.2%, and the enterprise now holds a 57.6% market share within the home class. For the primary time in its historical past, CONCOR surpassed the 5 million TEU threshold with its highest throughput of 5.09 million TEUs. In the course of the fiscal 12 months, throughput progress was round 8%.
The Board of Administrators has set a capex finances of Rs 860 crores for FY26, which will likely be primarily utilized for the event of terminals, the acquisition of containers, and the administration of knowledge techniques, or IT gear. By 2028, the company needs to have 70,000 containers, 100 terminals, and over 500 rakes. In response to the steering, the EXIM enterprise is anticipated to develop by 10% in FY26, whereas home progress is predicted to succeed in 20%. Moreover, the corporate has set a goal to have 100 terminals by FY28 and is actively working with railroads and DFC to acquire property for an expanded terminal constructing.
Threat Issue:
EXIM shipments at the moment account for over 78% of the corporate’s complete volumes dealt with, which is an exceedingly excessive focus threat. Consequently, modifications in international commerce, which can impression delivery volumes, results in have an effect on the corporate’s efficiency.
Market Recap, June twenty fourth
The Nifty 50 started the day at 25,179.90, opened at a gap-up, up by 208 factors or 0.8%, from the day prior to this’s closing value of 24,971.9. The index made a day excessive of 25,317.70 within the morning session and closed at 25,044.35 within the afternoon session, gaining 72.45 factors or 0.29% from the begin to the top of the session. The Nifty ended above all 4 20/50/100/200-day EMAs within the every day chart, and RSI stood at 56.73, effectively under the overbought zone of 70. The BSE Sensex adopted an analogous pattern, opening at 82,534.61 and reaching an intraday excessive of 83,018.16. It ended the session at 82,055.11, up by 158.32 factors or 0.19%, with an RSI of 54.98, additionally closing above all 4 20/50/100/200-day EMAs.
The Nifty PSU Financial institution Index was among the many prime gainers, closing at 6,939.1, up 99.55 factors or 1.46%. Shares like Union Financial institution of India, Canara Financial institution, Financial institution of Maharashtra, and Indian Abroad Financial institution rose as a lot as 3%, lifting the index. The Nifty Steel Index was additionally among the many prime gainers, including 92.55 factors or 1.01%, to complete at 9,291. Metal Authority of India was the highest performer for this index, rising 3.2%, and Welspun Corp., Hindustan Copper, and NMDC surged greater than 2%.
In the meantime, the Nifty CPSE Index was among the many main losers, closing at 6,565, down by 81.30 factors or 1.22%. Main losers of this index, resembling Oil India, which fell 5.58%, Oil & Pure Gasoline was down 2.97%, Cochin Shipyard down 2.94%, and Energy Grid Company fell 1.48%, dragging the index decrease.
The Dangle Seng in Hong Kong surged 2.06% or 487.94 factors, to 24,177.07 and closed above the 24,000 mark. South Korea’s Kospi gained 2.96% or 89.17 factors, to shut at 3,103.64. Japan’s Nikkei 225 climbed up 436.47 factors or 1.14%, closing at 38,790.56. The Shenzhen Index rose 169.24 factors or 1.68%, closing at 10,217.63, whereas Shanghai’s Composite Index closed in inexperienced at 3,420.57, up 38.98 factors or 1.15%. Total, the Asian markets confirmed a robust bullish pattern after Israel accepted the ceasefire settlement proposed by the US.
Following Israel’s acceptance of US President Donald Trump’s truce provide, Dow Jones Futures was up 300.71 factors, or 0.7%, recorded at 43,193.2 in US markets (at 4:59 pm). Fed Chair Jerome Powell will testify earlier than Congress from Tuesday for 2 days, response from markets might be anticipated.
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