Tata Coffee is Asia's largest integrated Coffee Plantation Company and the largest grower exporter of green coffee from India. The Company is the second largest exporter of instant coffee in the country and exports to countries in Europe, Asia and North America. Eight O' Clock coffee is a segment leader in the US retail market. It is the only company to have various certifications like Rainforest, UTZ and SA800. As per Nielsen, the Company's flagship brand, Eight O' Clock (EOC) coffee continues to be the No. 1 whole bean Coffee brand in the grocery segment in USA and 4th in the overall branded segment. EOC has entered into the fast...
Shriram Transport Finance Ltd. (STFC), one of the largest assets financing NBFC, witnessed marginal increase in bottom-line with PAT at Rs. 303crores in Q3FY12 as against Rs 301crores in the corresponding Q3FY12. GNPA of the firm stood at 2.79% in Q3FY12 whereas NNPA stood at 0.40% as against 0.41% in Q3FY12. Regulatory concerns with respect to NBFCs guidelines, priority sector norms and securitization guidelines may pose few hurdles for the company. But we remain positive on the stock owing to core business strength, healthy capitalization and stable returns. Owing to STFL's niche business model catering to Used CV segment, the company looks attractive for the longer term. We recommend a BUY with a...
We believe the company on account of its strong brand, good past track record and experience of several decades in its domain, quality of construction ensuring good clientele and repeat orders, mouth watering valuations (P/BV 0.43x), we recommend investors to BUY with a target price of Rs. 75 (P/BV 0.55x). On a yoy basis, the stock has delivered negative returns of 62%. At CMP, we believe the stock has already priced in the following negatives: Slow order inflow and delayed execution, Depressed subsidiary performance, Real Estate investments yet to yield returns,...
