Daily Brief Industrials: Inox Wind Ltd, Hyundai Rotem Company, COSCO SHIPPING International (Singapore), Cintas Corp, SharkNinja , SIG PLC, UFP Industries and more

• There are 3 adds and 2 deletes for the iSharesGlobal Clean Energy ETF while there are 2 adds and 2 deletes for the iShares Global Water UCITS ETF.
• With US$5bn benchmarked to the iSharesGlobal Clean Energy and related ETFs, and US$3.5bn benchmarked to the iShares Global Water and related ETFs, there is multiple days of ADV to trade.
• We see a noticeable rise in cumulative excess volume over the last two trading sessions, so there will be positioning in the stocks. 

• There are a few stocks in Korea that have outperformed/ underperformed their peers and could be added to or deleted from global passive portfolios next month.
• There could be buying in Hyundai Rotem, while there could be selling in KT Corp, Celltrion Pharm, Kum Yang, Hyundai Engineering & Construction, Hyundai Steel, CosmoAM&T and L&F.
• Based on our estimate of passive assets, trackers will need to trade between US$57m to US$230m of the stocks. Impact will vary between 3x-14.5x of ADV to trade.

• Integrated logistics company COSCO SHIPPING International (Singapore) is combining acquisitions and other investments with a focus on digitalisation and sustainability to grow.
• Since 2018, the company has invested significantly, including acquiring logistics company Cogent Holdings, to shift its main business from ship building, ship repairing and marine engineering to integrated logistics.
• COSCO SHIPPING International (Singapore) Co., Ltd. aims to become the best integrated logistics service provider in South and Southeast Asia.

• CTAS initially benefited from peak demand due to post-Covid conditions, leading to significant pricing power
• However, the company is now facing challenges as demand decreases and competition increases, impacting its market share
• CTAS’s aggressive approach has led to stealing market share from competitors like VSTS, highlighting the importance of adapting to changing market conditions in business.

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

• SN US is a profitable company spun off from JS Global, driving profits for its parent company
• The company focuses on the US market and has seen impressive growth at a 25% CAGR over the past five years
• SN US business is divided into Shark and Ninja segments, offering a variety of products and focusing on growing market share and innovation.

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Lucror Analytics’ ESG Scores are based on a 3-tiered scale and are adjusted for Controversies (if applicable).
We assess SIG plc’s ESG as “Adequate”, in line with its Environmental, Social and Governance scores. Controversies are “Immaterial” and Disclosure is “Adequate”.

• UFP Industries Inc. reported mixed results for the second quarter of 2024, with performance reflecting varied impacts across its segments due to shifting market conditions and strategic changes.
• While the company is well positioned with significant capital for future investments, it faces challenges that are affecting its performance and strategic outlook.
• Baptista Research looks to evaluate the different factors that could influence the company’s price in the near future and attempts to carry out an independent valuation of the company using a Discounted Cash Flow (DCF) methodology.