Motilal Oswal - MOSL: Morning India (04/July/17): 1. Financials - MFI; 2. GST: A Reality; 3. Capital Goods; 4. Auto (Volume Nos.)

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Motilal Oswal

Team Research

MOSL: Morning India (04/July/17): 1. Financials - MFI; 2. GST: A Reality; 3. Capital Goods; 4. Auto (Volume Nos.)

â€‹MOrning India (04/July/17): 1. Financials - MFI; 2. GST: A Reality; 3. Capital Goods; 4. Auto (Volume Nos.)

Todayâ€™s top research theme

FINANCIALS â€“ MFI: Getting back on track; Collection efficiency improving in most states

Collection efficiency improving in most states

Each of the sub-segments in pharmaceuticals (55% of total sales) is well poised for growth, in our view. JLS has a unique portfolio of specialty pharmaceuticals, which comprises (i) radiopharmaceuticals (CAGR of 18% over FY17-20E, led by differentiated products & distribution strategy and long-term contracts), (ii) allergy products (CAGR of 20% over FY17-20E, led by enhanced marketing efforts and high entry barriers for developing/manufacturing) and (iii) CMO (largely for sterile injectables; CAGR of 8-10% over FY17-20E, led by margins improvement, healthy order book and superior margins).

Piping hot news

IndoStar Capital close to acquiring ICICI Home Finance

Two years after putting its wholly owned subsidiary ICICI Home Finance on the block, ICICI Bank Ltd is close to selling a majority stake in the company to IndoStar Capital for Rs2,000 crore, two people directly aware of the development said.

04/07/2017 24 EN

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Motilal Oswal

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MOSL: Morning India (04/July/17): 1. Financials - MFI; 2. GST: A Reality; 3. Capital Goods; 4. Auto (Volume Nos.)

MOSL : HOME FIRST FINANCE COMPANY: Earnings in-line with sustained improvement in asset quality

MOSL : SHOPPERS STOP: Ticking the right boxes

MOSL : ERIS LIFESCIENCES: Enhanced efforts toward product launch-related activities

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