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
BUSINESS
RBL Bank – another bank under scrutiny; what should investors do?
The business model of RBL Bank will take time to correct itself in order to make it an all-weather stock.
BUSINESS
M&M Finance: Valuation red-hot, what about asset quality?
We draw comfort from the undemanding valuation as we see M&M Finance among the few long-term survivors amongst NBFCs
BUSINESS
What is in store for Indian equities in 2022?
The recovery could ride on earnings and investors need to place their bets wisely
BUSINESS
Weekly tactical pick: Manappuram Finance
We draw comfort from the sharper economic revival that is likely to support all businesses of Manappuram
BUSINESS
Should investors be looking at the new entity Shriram Finance?
The correction/consolidation phase of Shriram Transport stock could provide an opportunity to patient long-term investors
BUSINESS
Does the underperformance of Shriram Transport Finance offer opportunity?
We see a tactical opportunity in Shriram Transport despite the overhang of the merger
BUSINESS
RateGain IPO: a great but pricey journey
Smart investors should quickly pocket any listing gains in RateGain and wait for a correction in the secondary market to enter with a long-term perspective
BUSINESS
Deep Value Series: Karur Vysya Bank makes a strong case for rerating
The strategic clarity of Karur Vysya Bank and early signs of walking the right path are reassuring. Seen in this context, we see an upside in the undemanding valuation
BUSINESS
Deep Value Series: Control Print -- Why look at this quality mid-cap?
Given the promising medium- to long-term outlook of Control Print, the valuation is extremely undemanding
BUSINESS
Muted Q2 numbers may not hold back Mas Financial. Why?
We see this weak phase as an opportunity to go long in Mas Financial
BUSINESS
Which gold financing company to bet on?
Muthoot remains an all-weather stock ideally placed to ride the gold financing theme, and should deliver a steady return. For the risk-takers, given the tailwind of economic revival and the valuation discount to Muthoot, Manappuram could offer a stronger upside in the medium term
BUSINESS
Ujjivan SFB – The road to recovery may be long
The journey to recovery may take a while for Ujjivan SFB although the overall economic recovery will provide a tailwind
BUSINESS
IndusInd Bank – What next after the big fall?
Despite the whistleblower’s allegations, we feel the worst-case pain, too, is manageable for IndusInd Bank
