BUSINESS
Federal Bank – Stock to re-rate despite recent outperformance
We find comfort in the current valuation of Federal Bank, which is at a discount to peers and could improve as asset quality concerns abate and growth returns
BUSINESS
L&T Infotech — The most expensive IT stock, but should you add?
We see LTI as a long-term winner and it will therefore continue to command a premium for its best-in-class execution and industry leading growth
BUSINESS
HCL Tech – a safe large-cap pick despite the run-up in 2020
Given the large opportunity size, we draw comfort from HCL Tech’s current valuation which is at a discount to top performing peers
BUSINESS
Infosys – The strong show continues
We are looking at Infosys now more for a strong earnings trajectory than any further multiple rerating
BUSINESS
Wipro – A stellar show to support secular re-rating
We feel Wipro can recoup its lost glory riding on the positive tailwinds from the pandemic and its own restructuring that is finally yielding results
BUSINESS
What could be a disappointing Budget for the market?
The pivot has shifted from fiscal discipline to revival of growth, on the assumption that a robust growth aided by a bigger deficit will ultimately solve the fiscal problem
BUSINESS
Can Ujjivan SFB outperform as normalcy returns with the vaccine?
Ujjivan SFB remains a key beneficiary should the vaccine rally get more widespread
BUSINESS
Discovery Series: Axtel – A proxy for the promising food processing industry
Axtel has maintained healthy margins and return ratios with negligible debt
BUSINESS
Why this mid-cap IT stock merits attention
Despite the sharp rally, Persistent at the current level trades at a discount to mid-tier peers
BUSINESS
Why these lesser-known banking names may be back on investors’ radar
Many of the names so far have been shunned by investors, justifiably, on concerns about business growth and asset quality, but they may seem attractive seen with a new lens
BUSINESS
Why Yes Bank is still not the stock for the investors
The road to profitability remains uncertain for Yes Bank. The structural lacunae in terms of the corporate heavy book vulnerable to economic disruptions and the weak liability may not get addressed in short time
BUSINESS
Tech Mahindra: Can it close the valuation discount any time soon?
Long-term investors should look at Tech Mahindra only on decline and must have the patience to hold for long
BUSINESS
A strong quarter from Coforge, but can the stock rally further?
While existing investors should definitely hold on to their position, new investors should look for market gyrations to add to Coforge.
BUSINESS
L&T Infotech – fully valued, watch out for correction to add
Valuation of LTI is now extremely rich among its peer group. We would look for correction to add this stock for the long term
BUSINESS
Federal Bank – Stock may have already priced in the impending uncertainty
Given the challenges in the financial system plagued by asset quality woes and inadequate capital, we see Federal Bank as a long-term winner with its conscious approach to de-risk the book and adequate capital
BUSINESS
HCL Tech – Performance and valuation make it compelling
Given the large opportunity size, we draw comfort from HCL Tech’s current valuation which is at a discount to top performing peers
BUSINESS
Weekly tactical pick – Zensar
The biggest comfort in Zensar is its relative valuation; revenue visibility and margin performance promising
BUSINESS
Zensar: Does the IT stock still merit attention?
While near-term challenges persist for Zensar and the stock could come under profit booking if the global technology rally pauses, investors can definitely look to add the stock in such corrections
BUSINESS
Shriram Transport is a stock for the risk taker now
We could see a sharp trading rally in Shriram Transport if the health scare abates or the risk on trade makes a comeback. So, this is a stock for the risk taker and best avoided by a conservative investor
BUSINESS
Way forward if you have missed the Happiest Minds IPO
The premium valuation of Happiest Minds is unlikely to erode unless there is an unforeseen earnings disappointment
BUSINESS
Yes Bank has averted an accident, but can it run again?
The structural lacunae of Yes Bank in terms of the unexciting corporate heavy book vulnerable to economic disruptions and the weak liability may not get addressed in a short time
BUSINESS
Tech Mahindra – Better numbers may support a trading rally
The geo-political tug of war is a crucial factor for the 5G rollout and hence, Tech Mahindra sees this opportunity coming in phases. We see the play panning out from H2 FY22 onwards
BUSINESS
AU Small Finance Bank: A long-term winner
AU is a stock to buy on decline rather than sell on rally, given that it is going to emerge stronger post this crisis.
BUSINESS
Axis Bank: Prudence comes to the fore
The strategic clarity on strengthening the balance sheet and adequate capital cushion should make Axis Bank a winner post the pandemic.
