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Madhuchanda Dey

Head Research

Moneycontrol

VIP Industries Q3 FY23: Why this core portfolio stock needs to be on your radar

BUSINESS

VIP Industries Q3 FY23: Why this core portfolio stock needs to be on your radar

VIP's own-manufacturing strategy is positive for margins and the stock valuation is at a discount to the consumer universe

Why this old private sector bank can re-rate further

BUSINESS

Why this old private sector bank can re-rate further

With a granular deposit base and robust growth in advances, Karur Vysya Bank’s earnings trajectory is set to gain further traction

Axis Bank Q3 FY23 – Can it close the valuation gap with private peers?

BUSINESS

Axis Bank Q3 FY23 – Can it close the valuation gap with private peers?

Earnings growth trajectory likely to remain strong for Axis Bank, aided by improving macro and rapid market share gains

Kotak Mahindra Bank Q3 FY23 – Why the below-par show should reverse

BUSINESS

Kotak Mahindra Bank Q3 FY23 – Why the below-par show should reverse

The growth trajectory of Kotak Mahindra Bank looks decent on the back of a comfortable capital position, right asset mix, strong margin, and market share gains

Why an emphatic 'no' to Yes Bank?

BUSINESS

Why an emphatic 'no' to Yes Bank?

The task of expanding the RoA for Yes Bank will be arduous because of subdued growth, modest margin, and sticky costs

AU SFB: Can the underperformance reverse?

BUSINESS

AU SFB: Can the underperformance reverse?

Growth is unlikely to slacken at AU as long as the macro remains positive and the valuation looks relatively attractive

IndusInd Bank Q3 — Steady quarter with great earnings outlook

BUSINESS

IndusInd Bank Q3 — Steady quarter with great earnings outlook

Growth, along with with steady margin, stable cost matrix, and benign credit cost should support further expansion in the RoA for IndusInd Bank

Will the Indian markets rally, post Budget 2023?

BUSINESS

Will the Indian markets rally, post Budget 2023?

Market valuation in absolute sense is not too expensive compared to past budget periods

Federal Bank Q3 FY23: Picture-perfect earnings, more re-rating awaited

BUSINESS

Federal Bank Q3 FY23: Picture-perfect earnings, more re-rating awaited

With most parameters looking solid, the expansion in the RoA should continue for Federal Bank

Better be cautious on Wipro after Q3 FY23

TRENDS

Better be cautious on Wipro after Q3 FY23

The disconnect between order flows and execution is baffling; one should wait for performance to catch up before turning constructive

HCL Tech Q3 FY23 – All-round strong show

TRENDS

HCL Tech Q3 FY23 – All-round strong show

HCL Tech remains positive on tech spends of clients and their compulsion to continue with digital transformation and cloud adoption

Infosys Q3 FY23 – Should you buy the growth leader in large cap?

BUSINESS

Infosys Q3 FY23 – Should you buy the growth leader in large cap?

Investors should judiciously capitalise on market correction to go long on Infosys

More gain in store for the RateGain stock?

BUSINESS

More gain in store for the RateGain stock?

The acquisition of Adara a big plus for RateGain, but investors should look for a better entry point, given the current gyration in technology stocks

TCS – What should investors do after a decent Q3?

BUSINESS

TCS – What should investors do after a decent Q3?

The next financial year is likely to be softer though the medium- to long-term outlook for the company remains positive

Is feeble deposit growth a thing of the past?

BUSINESS

Is feeble deposit growth a thing of the past?

Though lower than the credit growth, deposits have picked up in recent times; key factor to monitor is the effect of the revision in deposit rates on bank margins

Why there's enough room for this small finance bank to rerate further

BUSINESS

Why there's enough room for this small finance bank to rerate further

Management continuity, robust liability profile, and a de-risked asset book position Equitas SFB ideally for the economic upturn

Is there a correct level to start logging into IT stocks?

BUSINESS

Is there a correct level to start logging into IT stocks?

Long-term investors could look to add some strong technology companies at a price correction

Happiest Minds – Why a steeper correction is possible

BUSINESS

Happiest Minds – Why a steeper correction is possible

The valuation is still heady in comparison to global peers and there is room for further correction in the stock

Is it time to look at Persistent Systems?

BUSINESS

Is it time to look at Persistent Systems?

Strong revenue traction, improving margin, steady order flows, and waning supply-side concerns put it in a vantage position

Nifty cruising new highs – Time for reversal or year-end celebrations?

BUSINESS

Nifty cruising new highs – Time for reversal or year-end celebrations?

A time-tested market barometer — the gap between earnings and bond yields — suggests that there is still potential upside for markets

Why any bad day in the market is good to add Coforge

BUSINESS

Why any bad day in the market is good to add Coforge

Multiple growth levers at play, brightening the prospects for Coforge

Karur Vysya Bank: Why there is upside in spite of the huge run-up

BUSINESS

Karur Vysya Bank: Why there is upside in spite of the huge run-up

Business growth, stability in margin, improvement in cost-to-income ratio, and lower credit cost to support earnings

Nifty at record highs – Time to stay put or take the gains?

BUSINESS

Nifty at record highs – Time to stay put or take the gains?

India is a fundamentally strong long-term growth story. Therefore, every opportunity should be used to buy on decline and not sell on rally

AU SFB –  A great long-term bet despite the stock’s lacklustre show

BUSINESS

AU SFB – A great long-term bet despite the stock’s lacklustre show

Given the bank’s hunger for growth with quality, earnings growth is likely to be steady in the next five years