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
BUSINESS
Zensar: Does the IT stock still merit attention?
While near-term challenges persist for Zensar and the stock could come under profit booking if the global technology rally pauses, investors can definitely look to add the stock in such corrections
BUSINESS
Shriram Transport is a stock for the risk taker now
We could see a sharp trading rally in Shriram Transport if the health scare abates or the risk on trade makes a comeback. So, this is a stock for the risk taker and best avoided by a conservative investor
BUSINESS
Why should investors hold on to Coforge despite the stupendous rally?
Existing investors should definitely hold on to their position and new investors should look for correction to quietly build a position in Coforge.
BUSINESS
Way forward if you have missed the Happiest Minds IPO
The premium valuation of Happiest Minds is unlikely to erode unless there is an unforeseen earnings disappointment
BUSINESS
IRCTC - Will the train run with full throttle?
If the stock of IRCTC remains lacklustre due to the impending headwinds, it may be a great idea to gradually build up position in the weak phase
BUSINESS
Yes Bank has averted an accident, but can it run again?
The structural lacunae of Yes Bank in terms of the unexciting corporate heavy book vulnerable to economic disruptions and the weak liability may not get addressed in a short time
BUSINESS
IndusInd Bank – stellar run since our last recommendation, can it do more?
IndusInd Bank appears to be over the hump. The inexpensive valuation, therefore, merits attention.
BUSINESS
Why Kotak Bank remains our favourite core portfolio stock despite its weak numbers
The single most important reason to like Kotak Bank despite not being a growth story is its excellent liability franchise
BUSINESS
Tech Mahindra – Better numbers may support a trading rally
The geo-political tug of war is a crucial factor for the 5G rollout and hence, Tech Mahindra sees this opportunity coming in phases. We see the play panning out from H2 FY22 onwards
BUSINESS
AU Small Finance Bank: A long-term winner
AU is a stock to buy on decline rather than sell on rally, given that it is going to emerge stronger post this crisis.
BUSINESS
Axis Bank: Prudence comes to the fore
The strategic clarity on strengthening the balance sheet and adequate capital cushion should make Axis Bank a winner post the pandemic.
BUSINESS
What should investors do with M&M Finance’s rights issue?
The core Mahindra Finance lending book is valued at 1.3X FY22e adjusted book. This is a reasonable valuation for a long-term investor looking at a predominant rural exposure through a good quality franchise.
BUSINESS
HCL Tech: This IT stock offers the highest margin of safety
Despite the strong upcycle in technology, HCL Tech’s own optimistic outlook and a balanced portfolio mix, the stock is reasonably valued at 12.2X
BUSINESS
L&T Infotech: A long term winner but time to book gains
LTI's recent rally has captured most of the positives. We would advise booking the gains and wait for correction to re-enter this fundamentally strong company
BUSINESS
Infosys: Stellar quarter, investors can capitalise on a catch-up rally
Infosys certainly offers a good risk reward despite the rally as valuation catch-up with TCS could lead to sustenance of the positive momentum.
BUSINESS
Why should investors buy Mindtree?
There is little doubt that Mindtree will emerge as a strong long-term survivor perhaps after a couple of soft quarters.
BUSINESS
Wipro: Can investors bet on the new CEO’s turnaround plan?
Wipro’s intentions may be good, but investors will keenly await successful execution
BUSINESS
Why investors should shun Yes Bank’s FPO
Though prima facie Yes Bank's FPO price looks enticing, it hides more than it reveals. We do not see Yes Bank embarking on a sustainable profitable journey anytime soon and we doubt if the structural flaws can be reversed in a hurry
BUSINESS
TCS a must-own stock in the new normal, but rally tempers near-term excitement
TCS will emerge as a strong long-term survivor post the current tumult
BUSINESS
Control Print: COVID-19 a disruption or derailment?
Given the healthy future prospects and the attractive valuation, long-term investor may consider building position in Control Print gradually.
BUSINESS
The widening macro-market gap – Should this froth worry investors?
Will the market re-test the March lows? We do not think so. Investors should take advantage of the exuberance to get out of weaker businesses and wait for valuation to turn attractive in stronger ones
BUSINESS
Is Safari the ideal ‘right stock at a wrong time’?
Near-term stock performance of Safari might remain subdued and could provide ideal accumulation opportunity for long-term investors.
BUSINESS
Karur Vysya Bank: Is the price adequately capturing the concerns?
We expect KVB to be a survivor, albeit with a challenging and tepid growth outlook in the near term
