BUSINESS
Mindtree: How should investors read into the possible change in control?
A change in ownership with an international major of repute can help sustain the premium, although near-term movement in the stock may get impacted by the deal valuation
BUSINESS
Is a possible stake sale to LIC the best solution to IDBI’s problems?
IDBI is not a lone case, there are about a dozen more banks whose capital position is precarious and they wouldn’t be in a position to raise capital from the market. The moot question remains, how many will LIC bail out?
BUSINESS
COMMENT-The US-China trade war has no winners, and markets will have to live with it
This is a war without a cease-fire in sight. This is a fact global markets will have to digest.
BUSINESS
RPG Life Sciences – Track for the long term
The management medium term goal of Rs 1,000 crore turnover by FY22 looks like a tall task now
BUSINESS
Credit growth improved in FY18 – who did it benefit?
For every additional Rs 100 of deposits in the banking system, Rs 55 is attracted by the 15 private banks and Rs 45 goes to the 21 public sector banks
BUSINESS
Why creating a 'bad bank' is a better idea than simply throwing money at PSBs
Sweden, Finland and Ireland have all used bad banks to help end financial crises. In Asia, South Korea and China had resorted to creation of bad banks as well
BUSINESS
COMMENT | Wary of trampling on green shoots, RBI may tiptoe to August before hiking rates
While inflationary pressure beckons attention, our fragile economic growth warrants nurturing.
BUSINESS
VA Tech Wabag – difficult FY18 but promising long-term outlook available at a decent valuation
While the stock performance in the near-term is largely contingent on resolving the receivable issue and traction in large orders, we see limited downside and significant upside
BUSINESS
Karur Vysya Bank – small but getting smarter with end of asset quality woes near
While Q1 FY19 is likely to be another soft quarter for KVB, we are building in a revival in the second half of FY19. At 1.1 times book and 1.4 times adjusted book of FY19, the consolidation phase offers a great opportunity to accumulate this stock for the long term.
BUSINESS
Can equities remain indifferent to the rise in bond yields?
Market experts feel that it is only a matter of time before the stock market reacts to the surge in bond yields.
BUSINESS
Why should you buy Federal Bank now?
This middle-of-the-road mid-sized entity under the new savvy management has by and large crossed the asset quality problem. It has recently raised capital and looks set to accelerate growth.
INDIA
A rate hike could be less than a year away, so cut exposure to leveraged companies
The notorious combination of falling growth and rising prices commonly referred to as a stagflation usually hamstrings central banks.
BUSINESS
Jenburkt Pharma: A steady performer in the smallcap space
While the Q1 FY18 performance was disappointing, performance has improved sharply in the quarter gone by. We derive valuation comfort given the steady track record of profitability and superior return ratios.
BUSINESS
Looking past the RBI's status quo: Are there signs the rate cut cycle is ending?
What was loud and clear was the RBI’s stance on future rates – at least in the foreseeable future, there is no possibility of a rate cut; depending on the inflation trajectory, one shouldn’t be surprised if the next move is a rate increase.
BUSINESS
Should minority shareholders be excited about the new Infosys boss?
While the near-term guidance is still muted and lower than the industry, the management change and payout policy should limit downside in the stock, making it a candidate to accumulate on weakness.
BUSINESS
Mangalam Drugs & Organics – valuation comfort for this small cap
For a company on a turnaround journey where the return ratios have started looking up meaningfully, the undemanding valuation at 9X FY19 projected earnings should be looked at seriously by investors
BUSINESS
Good quarter from Safari – Are luggage companies still a good bet after the stellar run?
While the sector is dominated by unorganised players, the outlook for the organised players looks promising. Despite the run up in stock prices, investors should keep an eye on this sector for steady earnings growth.
