What to expect from Hindalco, Coal India, Adani Ports? Deven Choksey answers

economictimes.indiatimes.com:

Deven Choksey, MD, KRChoksey Holdings Pvt. Ltd, says “maybe for Coal India, the price in the open options has also fetched a better realisation. To a greater extent, that should also get reflected positively into the company’s numbers.

Overall the balance sheet looks relatively more positive than what we have seen up till now in case of Coal India and that is where one could argue for relatively better numbers and profits hereafter.”What is your take on Hindalco, Coal India, Adani Ports, lots of numbers that are expected later today. Are you working with any expectations in particular for Coal India and Hindalco?Particularly for Coal India, the numbers are likely to be on the higher side. That is largely because the volume numbers are likely to be on a higher side as production is now sustaining at elevated levels.

Maybe the price in the open options has also fetched a better realisation. To a greater extent, that should also get reflected positively into the company’s numbers. Overall the balance sheet looks relatively more positive than what we have seen up till now in case of Coal India and that is where one could argue for relatively better numbers and profits hereafter.What is your take on the pharma space? The earnings have been really solid this time. Even Torrent and Gland managed to surprise positively. Are you looking at any of these names?I guess the companies in pharma with specialty in products portfolio have started showing relatively better profit margins.

These include Cipla, Sun Pharma. I do not know whether the mid-tier companies are equally well placed as far as higher profitability is concerned. Maybe the issues which bothered them in the previous quarters, are out of the way and that should be