BUSINESS
What should investors do with M&M Finance’s rights issue?
The core Mahindra Finance lending book is valued at 1.3X FY22e adjusted book. This is a reasonable valuation for a long-term investor looking at a predominant rural exposure through a good quality franchise.
BUSINESS
HCL Tech: This IT stock offers the highest margin of safety
Despite the strong upcycle in technology, HCL Tech’s own optimistic outlook and a balanced portfolio mix, the stock is reasonably valued at 12.2X
BUSINESS
L&T Infotech: A long term winner but time to book gains
LTI's recent rally has captured most of the positives. We would advise booking the gains and wait for correction to re-enter this fundamentally strong company
BUSINESS
Why should investors buy Mindtree?
There is little doubt that Mindtree will emerge as a strong long-term survivor perhaps after a couple of soft quarters.
BUSINESS
Control Print: COVID-19 a disruption or derailment?
Given the healthy future prospects and the attractive valuation, long-term investor may consider building position in Control Print gradually.
BUSINESS
The widening macro-market gap – Should this froth worry investors?
Will the market re-test the March lows? We do not think so. Investors should take advantage of the exuberance to get out of weaker businesses and wait for valuation to turn attractive in stronger ones
BUSINESS
Is Safari the ideal ‘right stock at a wrong time’?
Near-term stock performance of Safari might remain subdued and could provide ideal accumulation opportunity for long-term investors.
BUSINESS
Karur Vysya Bank: Is the price adequately capturing the concerns?
We expect KVB to be a survivor, albeit with a challenging and tepid growth outlook in the near term
BUSINESS
RBL Bank: Is the risk reward favourable?
RBL Bank can run up if the market sentiment continues to remain buoyant and hence a worthy trading pick for a risk taker. For a conservative investor, there are too many ifs and buts, and hence best avoided till the covid storm passes.
BUSINESS
Which banks matter to the financial system?
Big five is what matters most to the financial system
BUSINESS
Can valuation be the only draw for Shriram Transport?
We would recommend adding Shriram Transport only gradually on market correction by investors who are willing to take higher risk.
BUSINESS
How history taught us to correctly predict the COVID-19 pandemic market bottom
The parity between bond and earnings yield is achieved at the Nifty level of 9133 – downside of 10 percent. This is the maximum downside that we see for the markets and investors should steer their investment decisions accordingly.
BUSINESS
This attractively valued high class NBFC faces challenges due to COVID-19. Is it time to buy?
Any market volatility may be just the right opportunity to gradually accumulate a high quality business like Mas Financial for the long term.
BUSINESS
Persistent Systems: Can inexpensive valuations be a draw for investors?
We are not too excited by the optically inexpensive valuation as a lot rests on the top client’s performance.
BUSINESS
NIIT Technologies – life beyond buyback
BUSINESS
Federal Bank: Can a decent quarter and attractive valuations outweigh COVID-19 concerns?
Buy the stock gradually only on deep cuts in the market for the long-term
BUSINESS
Will VIP fly after the COVID storm blows over?
Investors with patience should gradually accumulate the stock on market correction with an eye on the long term.
BUSINESS
Despite RBI and govt intervention, the light is flashing red. What should investors do?
The big will get bigger as marginal competition finds it difficult to survive
BUSINESS
L&T Infotech: A quality technology stock to ride out the COVID-19 storm
Investors should use any market weakness to buy into LTI for the long term.
BUSINESS
Why Ujjivan Small Finance Bank is now a stock for the risk takers
This is a risky bet amid the COVID-19 cloud, best suited for the risk takers.
BUSINESS
Will this gold financing company pass the COVID-19 test?
We would recommend the stock for investors with a slightly higher appetite for risk.
BUSINESS
How investors should invest in a market that’s lost touch with reality
Investors got to create a more defensive portfolio, focus on quality and be prepared to buy good quality names at expensive valuation as the dear can get dearer with the dearth of investible options in the market.
BUSINESS
NIIT Tech’s strengths come to the rescue in tough times
NIIT Tech should definitely be a part of investor’s shopping list and we would recommend adding on every market correction.
BUSINESS
Why investors should buy this premium business now available at a discount
We feel a large part of the near-term earnings challenge is priced in and see a reasonably high probability of AU coming out of the crisis stronger.
