BUSINESS
Is the time right to look at RateGain?
We see a strong earnings traction for RateGain and advise investors to add the stock in a staggered manner as markets continue to remain choppy
BUSINESS
Ujjivan SFB – Why it would remain a fair-weather friend
We do see a tactical upside in Ujjivan SFB should recovery continue, but it is yet to morph itself into an all-weather business
BUSINESS
IRCTC – Should you board this train that’s picking up speed?
IRCTC in a way is a very unique offering. If the government does not tinker with its monopoly position, it deserves a look and investors should add the stock in the event of a meaningful correction
BUSINESS
Mas Financial — A rare blend of quality and growth makes it a top pick
MAS Financial has a very high level of capitalisation (capital adequacy of 51 percent) and could accelerate growth as the economy improves
BUSINESS
Weekly Tactical Pick: Tech Mahindra
Strong outlook, undemanding valuation make Tech Mahindra an attractive bet
BUSINESS
Tech Mahindra Q3: A tad softer quarter an opportunity to add for the future
The strong outlook and an undemanding valuation make Tech Mahindra an attractive large-cap bet to ride on the strong technology up-cycle
BUSINESS
Budget 2022 will soon be forgotten by the market
Markets will take note of the incremental capex announced in the budget that is directionally growth oriented
BUSINESS
IndusInd Bank Q3 – Why the stock should rerate
IIB’s comfortable capital adequacy and stable deposit base pave the way for a strong growth, post the pandemic. Seen in this context, the valuation looks undemanding, leaving room for rerating
BUSINESS
Kotak Mahindra Bank Q3 – Why a must-have in the portfolio
The bank is on a strong wicket to grow in the post pandemic era. We see Kotak Bank as one of the best plays on the financialisation of savings in India
BUSINESS
Can the Budget take the market out of its current nervousness?
With private capex being long buried and consumption looking shaky, there are growth challenges galore beyond the initial post covid bounce back.
BUSINESS
Federal Bank is our favourite in the mid-cap banking space. Why?
The probable listing of its NBFC subsidiary could be an icing on the cake for the stock of Federal Bank which is still at a very reasonable valuation
BUSINESS
Axis Bank Q3: Firing on all cylinders; add during market weakness
Even without factoring in the value of the subsidiaries, the stock of Axis Bank trades at a discount to its larger private sector peers. The weakness in the market presents an opportunity to gradually build up position in the stock
BUSINESS
Yes Bank Q3 on a steady course, but it's too early to say yes
One percent RoA target is still modest in comparison to competition, and, seen in this light, the valuation of Yes Bank appears expensive
BUSINESS
Why we like everything about Persistent except the valuation
The execution engine has been very strong and with the talent crunch scenario expected to moderate, we see the robust growth continuing for Persistent
BUSINESS
L&T Infotech – Can the stellar show result in further rerating?
While the valuation appears to be optically expensive, the stock of L&T Infotech could continue to deliver return tracking its strong earnings trajectory and remains an ideal buy on any decline for the long term
BUSINESS
CTC acquisition adds a feather to Tech Mahindra’s cap
The organic prospects coupled with earnings accretive acquisition in growth areas should keep the earnings trajectory strong amid an unprecedentedly strong demand environment and make a case for long-term investment in Tech Mahindra
BUSINESS
HCL Tech – FY23 may ring in sunnier days
The demand scenario is stronger than ever, and the supply crunch, is being tackled on war footing and should wane in a few quarters down the line. The undemanding relative valuation of HCL Tech remains a draw for long-term investors
BUSINESS
Mindtree – Why it will continue to look expensive but a great stock to own
While valuation looks optically expensive, it has to be seen in the context of the very strong growth for Mindtree
BUSINESS
Wipro: A weaker-than-expected show; further rerating to get pushed back
We rule out further near-term rerating for Wipro, but the sweet spot for the sector makes it a stock to buy on declines
BUSINESS
TCS – Industry opportunity presents upside, downside limited, thanks to buyback
The return of pricing power for TCS amid a strong demand environment and the easing of supply crunch make for a decently strong outlook
BUSINESS
Infosys steals the show in a seasonally weak quarter
A leader like Infosys, whose capability matches the requirement of the industry, is in a sweet spot
BUSINESS
Equitas SFB – why look at it amid the disturbing third wave of COVID-19?
The improving liability profile along with a healthy capital position and the secured diversified asset book gives Equitas SFB an edge albeit the COVID-19 disruption.
BUSINESS
AU SFB – Third wave could make going tougher, but offers a big opportunity
We are getting a high quality franchise like AU SFB at a discount to its IPO valuation. Long-term investors should gradually accumulate the stock
BUSINESS
IPOs made merry in 2021, but a few fell short of the crease. Why?
As we head into 2022, which may be a more stock-specific year for investors, evaluating the merit and valuation of each business will be key
