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
BUSINESS
RBL Bank: Is the risk reward favourable?
RBL Bank can run up if the market sentiment continues to remain buoyant and hence a worthy trading pick for a risk taker. For a conservative investor, there are too many ifs and buts, and hence best avoided till the covid storm passes.
BUSINESS
Can Muthoot Finance continue to shine after the recent run-up?
In the troubled macro environment Muthoot Finance remains an island of relative safety,
BUSINESS
Which banks matter to the financial system?
Big five is what matters most to the financial system
BUSINESS
Can valuation be the only draw for Shriram Transport?
We would recommend adding Shriram Transport only gradually on market correction by investors who are willing to take higher risk.
BUSINESS
How history taught us to correctly predict the COVID-19 pandemic market bottom
The parity between bond and earnings yield is achieved at the Nifty level of 9133 – downside of 10 percent. This is the maximum downside that we see for the markets and investors should steer their investment decisions accordingly.
BUSINESS
This attractively valued high class NBFC faces challenges due to COVID-19. Is it time to buy?
Any market volatility may be just the right opportunity to gradually accumulate a high quality business like Mas Financial for the long term.
BUSINESS
Persistent Systems: Can inexpensive valuations be a draw for investors?
We are not too excited by the optically inexpensive valuation as a lot rests on the top client’s performance.
BUSINESS
NIIT Technologies – life beyond buyback
BUSINESS
Federal Bank: Can a decent quarter and attractive valuations outweigh COVID-19 concerns?
Buy the stock gradually only on deep cuts in the market for the long-term
BUSINESS
Will VIP fly after the COVID storm blows over?
Investors with patience should gradually accumulate the stock on market correction with an eye on the long term.
BUSINESS
Despite RBI and govt intervention, the light is flashing red. What should investors do?
The big will get bigger as marginal competition finds it difficult to survive
