BUSINESS
L&T Infotech — The most expensive IT stock, but should you add?
We see LTI as a long-term winner and it will therefore continue to command a premium for its best-in-class execution and industry leading growth
BUSINESS
Is Mindtree set to regain lost glory?
We expect Mindtree’s current valuation discount to peers to narrow as it reverts to its trajectory of industry-leading growth
BUSINESS
HCL Tech – a safe large-cap pick despite the run-up in 2020
Given the large opportunity size, we draw comfort from HCL Tech’s current valuation which is at a discount to top performing peers
BUSINESS
Infosys – The strong show continues
We are looking at Infosys now more for a strong earnings trajectory than any further multiple rerating
BUSINESS
Wipro – A stellar show to support secular re-rating
We feel Wipro can recoup its lost glory riding on the positive tailwinds from the pandemic and its own restructuring that is finally yielding results
BUSINESS
What could be a disappointing Budget for the market?
The pivot has shifted from fiscal discipline to revival of growth, on the assumption that a robust growth aided by a bigger deficit will ultimately solve the fiscal problem
BUSINESS
TCS – Can a stellar show in a seasonally weak quarter justify the optically expensive valuation?
TCS remains our favourite core portfolio stock and investors should look at TCS more as a stock to “buy on any decline”
BUSINESS
Can Ujjivan SFB outperform as normalcy returns with the vaccine?
Ujjivan SFB remains a key beneficiary should the vaccine rally get more widespread
BUSINESS
Discovery Series: Axtel – A proxy for the promising food processing industry
Axtel has maintained healthy margins and return ratios with negligible debt
BUSINESS
Will 2021 see a return of the bears, or will the bulls still have the last laugh?
We expect 2021 also to be a year of moderate positive return on the Index level and smart money should have a bottom-up approach of chasing businesses that can offer alpha
BUSINESS
Why this mid-cap IT stock merits attention
Despite the sharp rally, Persistent at the current level trades at a discount to mid-tier peers
BUSINESS
Why these lesser-known banking names may be back on investors’ radar
Many of the names so far have been shunned by investors, justifiably, on concerns about business growth and asset quality, but they may seem attractive seen with a new lens
BUSINESS
Why Yes Bank is still not the stock for the investors
The road to profitability remains uncertain for Yes Bank. The structural lacunae in terms of the corporate heavy book vulnerable to economic disruptions and the weak liability may not get addressed in short time
BUSINESS
Tech Mahindra: Can it close the valuation discount any time soon?
Long-term investors should look at Tech Mahindra only on decline and must have the patience to hold for long
BUSINESS
A strong quarter from Coforge, but can the stock rally further?
While existing investors should definitely hold on to their position, new investors should look for market gyrations to add to Coforge.
BUSINESS
L&T Infotech – fully valued, watch out for correction to add
Valuation of LTI is now extremely rich among its peer group. We would look for correction to add this stock for the long term
BUSINESS
Why investors should give the IPO of Equitas SFB a pass
While the headline valuation is reasonable, Equitas SFB's IPO does not quite measure up for multiple reasons
BUSINESS
Federal Bank – Stock may have already priced in the impending uncertainty
Given the challenges in the financial system plagued by asset quality woes and inadequate capital, we see Federal Bank as a long-term winner with its conscious approach to de-risk the book and adequate capital
BUSINESS
HCL Tech – Performance and valuation make it compelling
Given the large opportunity size, we draw comfort from HCL Tech’s current valuation which is at a discount to top performing peers
BUSINESS
Are all the virtues of Mindtree’s business model captured in the price?
We are optimistic about Mindtree’s positioning and long-term prospect and would be watchful about adding the stock in correction
BUSINESS
Infosys – a stock to add on every decline
Given the sharp rally, profit booking may be normal. Any reversal in stock price of Infosys is an opportunity to add for the long term
BUSINESS
Wipro – Journey to catch up with peers has just begun; buy for long-term rewards
Albeit the rally, Wipro still trades at a discount to its best in class peers and could close the gap should the CEO walk the talk.
BUSINESS
Weekly tactical pick – Zensar
The biggest comfort in Zensar is its relative valuation; revenue visibility and margin performance promising
BUSINESS
TCS – the promising bet on post pandemic technology upcycle
We would advise investors not to get blinded by the optically expensive valuation of TCS and focus on the emerging opportunity which could be a catalyst for valuation rerating
