After two consecutive years of poor sugarcane availability & dip in recovery,BCML is likely to see ~15% increase in sugarcane crushing & 15-20 bpshigher sugar recovery. This would boost distillery volumes in next two years

Larsen & Toubro, incorporated in the year 1946, is a Large Cap company (having a market cap of Rs 309643.88 Crore) operating in Construction sector.

Shallow retracement, higher base at 100 days EMAand the rising demand joining October 2020 lows.

LIC Housing Finance, incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 20346.83 Crore) operating in NBFC sector.

While the brokerage assumes a slowdown in recruitment billings over the next 1-2 quarters we also expect a quick rebound supported by stable GDP growth and increase in offshored jobs demand.

Voltas, incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 28191.38 Crore) operating in Consumer Durables sector.

Mahindra & Mahindra, incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 168993.38 Crore) operating in Auto sector. Peaking tractor cycle is the key risk to the brokerage's call.

Promoters held 19.39 per cent stake in the company as of 31-Dec-2022, while FIIs owned 39.16 per cent, DIIs 27.58 per cent.

City Union Bank, incorporated in the year 1904, is a banking company (having a market cap of Rs 10276.48 Crore).

Indian Railway Catering & Tourism Corporation, incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 51040 Crore) operating in Tourism & Hospitality sector.

The standalone net debt as of Dec’22 stood at INR 25.9bn vs. INR 27.1bn as of Sep’22. It expects net debt at INR 24bn by Mar’23.

Life Insurance Corporation of India, incorporated in the year 1956, is a Small Cap company (having a market cap of Rs 392181.48 Crore) operating in Financial Services sector.

Voltas’ market share will remain a key monitorable (>300bps gap vs. peak). With stable RM and no price hike in the near term, the UCP EBIT margin can improve sequentially if healthy demand sustains.

Brigade Enterprises, incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 11187.14 Crore) operating in Real Estate sector.

Promoters held 74.99 per cent stake in the company as of 31-Dec-2022, while FIIs owned 3.32 per cent, DIIs 13.34 per cent.

Promoters held 39.99 per cent stake in the company as of 31-Dec-2022, while FIIs owned 21.3 per cent, DIIs 26.73 per cent.

Berger Paints (India), incorporated in the year 1923, is a Large Cap company (having a market cap of Rs 55051.22 Crore) operating in Building Materials sector.

Voltas, incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 27777.77 Crore) operating in Consumer Durables sector.

JSW Steel, incorporated in the year 1994, is a Large Cap company (having a market cap of Rs 174958.42 Crore) operating in Metals - Ferrous sector.

UltraTech Cement, incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 208464.11 Crore) operating in Cement sector.