BUSINESS
Ideas for Profit | Axis Bank Q2 review: Set to take off; buy
We see a profitable journey for this bank and hence recommend buying into the stock as it has potential to rerate from the current valuation.
BUSINESS
Karur Vysya Bank – undemanding valuation, right strategy make for a long term bet
The bank seems well positioned to capture market share
BUSINESS
India Inc’s earnings not rosy, but stock-pickers can find hidden gems
Smaller companies have had a good run in September quarter. This suggests that such stocks can give good returns even as the market volatility ensues.
BUSINESS
Betting on Yes Bank? Wait for pressures to play out
We see the capital constraint standing in the way of the scorching pace of growth we have seen in the past
BUSINESS
Kotak Mahindra Bank posts steady Q2; promoters’ stake dilution the sole overhang
The weak phase should be capitalised to gradually accumulate the stock for the long term.
BUSINESS
HCL Technologies – good outlook backed by reasonable valuation
We like the focus on new technology and company’s openness to go for inorganic route to fill the gaps.
BUSINESS
Why one should look at Persistent after its huge fall
While the stock has corrected post a very disappointing quarter, we draw comfort from the commentary and the inexpensive valuation of 10.5X FY20e earnings.
BUSINESS
India Inc Q2FY19 review – predictable start with visible margin pressure
Sequentially, the growth in sales was 8.2% but EBIDTA grew 5.3% - a clear pointer to the margin pressure that India Inc is beginning to experience.
BUSINESS
Comment | Prevent contagion but don’t bail out IL&FS
The indirect bail out should be limited to preventing a cascading effect of the IL&FS collapse, just as Lehman Brothers was allowed to collapse but the system was rescued through the troubled asset relief programme
BUSINESS
Federal Bank posts stable Q2; accumulate
We see a lot of comfort in the current valuation at 1.1 times FY20 estimated book and recommend accumulating the stock in the current weak market
BUSINESS
Looking to buy midcap IT stocks? Here’s which one to back?
NIIT Technologies exhibited robust all round performance, for Cyient it was a quarter of revival from the lows it had hit in Q1 FY19.For Mindtree, Q2 was not only soft but the management commentary was surprisingly cautious.
BUSINESS
South Indian Bank Q2 review: Slippages positively surprise post Kerala floods
While we remain concerned about the future trajectory of slippage and the low capital position, we draw comfort from the undemanding valuation at 0.6 times FY20e adjusted book .
BUSINESS
Infosys Q2 FY19 review: Steady execution; an ideal long term buy
Infosys posted a decent Q2 FY19 performance that saw steady execution, stable margin and strong deal wins. However, no change in FY19 revenue and margin guidance was a tad disappointing
BUSINESS
Ideas For Profit |IndusInd Bank Q2 – steady show except for the shadow of IL&FS
With most of the near-term negatives priced in, we derive comfort in the valuation at 3.2X FY20e standalone book and recommend accumulation in this weak phase.
BUSINESS
Ideas for Profit | TCS Q2 performance: Stellar show in a seasonally strong quarter
Vertical-wise, BFSI, further consolidated its position with a growth of over 6 percent. BFSI platform also showed strong acceleration. Retail, life sciences and energy continued their strength.
EARNINGS
The crisis in NBFC – well-capitalised banks will have the last laugh?
Mutual funds as a source of funding will clearly take a back seat
BUSINESS
Dozen reasons to tread this market with caution
Much of the froth is gone, but the market is still away from what can be described as mouth-watering valuations.
BUSINESS
RBI Policy: Rate hike customary, a lot more to deal with in the platter
In its last policy meeting, the RBI reverted to a 'neutral' stance and raised its benchmark repo rate. Since then, a lot has happened beyond inflation
BUSINESS
Kotak Bank-Yes Bank: A deal amid adversity?
Kotak is a savvy deal maker and has a successful track record of not over paying for what he buys
BUSINESS
Yes Bank -- avoid temptation, wait for RBI roadmap before investing
The management is portraying business as usual. But are the investors convinced?
BUSINESS
Comment | Liquidity infusion a short-term fix; IL&FS rot runs much deeper
While markets eagerly await a short-term solution, the magnitude of the problem is formidable
BUSINESS
IL&FS crisis: Why it should not become India’s Lehman moment
The owners of IL&FS are also answerable to their stakeholders and they can’t afford to throw good money after bad
BUSINESS
Ideas for Profit: Accumulate these 6 smallcaps for the long term
With the carnage in the markets, especially in the mid- and smallcap space, investors should keep these better quality smaller companies on their radar for a phased accumulation for the long term.
BUSINESS
Yes Bank – RBI acts tough, should investors worry?
Investors should exercise caution and shouldn’t bottom fish in a haste till clarity emerges on the quality of its books.
