Recommendation from Construction Materials and Hospitality Sector
Ratin DSIJ / 20 Aug 2026 / Categories: DSIJ_Magazine_Web, DSIJMagazine_App, Hot Chips, Hot Chips, Recommendations
The scrips in this column have been recommended with a 15-day investment horizon in mind and carry high risk. Therefore, investors are advised to take into account their risk appetite before investing, as fundamentals may or may not back the recommendations.
The scrips in this column have been recommended with a 15-day investment horizon in mind and carry high risk. Therefore, investors are advised to take into account their risk appetite before investing, as fundamentals may or may not back the recommendations. [EasyDNNnews:PaidContentStart]
Asahi India Glass Limited
CMP - ₹962.40
BSE CODE 515030
Volume 98,411
Face Value ₹1
Target ₹1,030 - ₹1,059
Stoploss ₹895 (CLS)
Asahi India Glass Limited (AIS), India's largest integrated glass solutions company, has delivered a strong operational performance in Q1 FY27 while benefiting from a significant policy tailwind. The Government of India recently imposed a minimum import price (MIP) on clear float glass, aimed at curbing cheaper imports, particularly from China. This directly strengthens pricing power and protects realisations for domestic manufacturers such as AIS, enhancing the outlook for its Float Glass segment. On a consolidated basis, revenue from operations rose approximately 15 per cent year-on-year to ₹1,413 crore, driven by healthy traction across Automotive Glass and Float Glass segments. Automotive Glass segment revenue climbed to ₹949 crore from ₹777 crore in Q1 FY26, reflecting sustained OEM and aftermarket demand. Net profit surged to ₹149 crore from ₹55 crore in the year-ago period, aided by operating leverage and cost efficiencies. The Board has also recommended a Dividend of ₹2 per share for FY26. With MIP protection, robust earnings growth, and a diversified portfolio, we recommend BUY.
Mach Travel Solutions Limited
CMP - ₹174.90
BSE CODE 544248
Volume 27,000
Face Value ₹10
Target ₹189 - ₹192
Stoploss ₹163 (CLS)
Mach Travel Solutions Limited, a technology-enabled travel services company, has reported a sharp improvement in Q1 FY27, reflecting the early results of its ongoing business transformation. Revenue from operations surged to ₹144 crore from ₹23 crore in Q1 FY26, driven by expanding scale across Corporate Travel, MICE, B2B, Leisure, and Government and Institutional segments. Net profit rose to ₹6.16 crore from ₹1.52 crore in the year-ago quarter, aided by improved operating leverage and better cost absorption. The company also reported a Gross Merchandise Value of approximately ₹252 crore in Q1 FY27, its first such disclosure. Mach is transitioning from a predominantly MICEfocused organisation into a diversified, technology-led travel platform spanning Corporate Travel, B2B, Leisure, Government segments and a developing B2C Online Travel Agency. With strong revenue momentum and a broadening business mix, we recommend BUY.
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