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
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
