Insights

Cyient Q3: Good numbers, reasonable valuation

Cyient (market cap: ~10300 crores) posted good set of number for the quarter ending Dec’22 (Q3FY23). The chart below summarizes the key highlights of the quarter The stock has significantly outperformed the Nifty Index benchmark and is currently trading close to its 5-year median valuation multiples, which is reasonable. Management…
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Kalyan Jewellers: Store expansion can boost return

Kalyan Jewellers (KJIL) listed on stock exchanges in March 2021. Despite a muted performance in CY21, the stock made a strong comeback in CY22, returning an impressive 85% for shareholders significantly outperforming key benchmarks. KJIL Stock Performance: After hitting low in June 2022, the stock has been on a roll.…
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