Dalal Street

Sintex is a market leader in the Indian plastics processing industry with an innovative product portfolio. The company has, over the years, leveraged its established market dominance in water tanks (~70% share) to tap other higher-margin segments.

Sintex is set to deliver a 45% sales CAGR in FY2008-FY2010E (53% FY2005-FY2008) through a strategy of innovation (it is the only company in India involved in monolithic construction) and acquisitions (four in the past year, which contributed US$249 mn to sales) (more…)

In continuing the Goldman Sachs coverage on India Logistics & Transportation, the following stocks have been assigned Neutral rating unlike the BUY rating on Gateway Distriparks and Gati Ltd.

Transport Corporation of India Ltd: TCIL
TCIL is an integrated logistics company and the largest organized player in the road freight business, with a 15% share of the organized market – it moves close to 1.5% of India’s surface traffic annually. (more…)

Just minutes ago, Goldman Sachs has released a report initiating coverage on India Transportation and Logistics Sector with a BUY rating and long-term growth prospects. Goldman has five stocks representing 63% of the Indian logistics sector’s total market capitalization. (more…)