BUSINESS
Hawkins – slow and steady, can it win the race?
With “election” the buzzword for 2018, discretionary consumption will be in focus. In this context, a core consumption play like Hawkins Cooker (CMP: Rs 3169, M Cap: Rs 1676 crore) merits attention.
BUSINESS
Housing finance companies: Selective bets emerging amid cautious stance
Even as near-term outlook remains cloudy for housing finance companies, some stocks deserve a closer look.
BUSINESS
FRDI or not – the winds of change will create big winners
The need for a strong resolution mechanism, different from regulation, was necessitated by the 2008 global financial crisis. Since modern financial system is highly interconnected, failure in any one sector can have a domino effect and rattle the system as a whole.
BUSINESS
Why should you buy Federal Bank now?
This middle-of-the-road mid-sized entity under the new savvy management has by and large crossed the asset quality problem. It has recently raised capital and looks set to accelerate growth.
INDIA
A rate hike could be less than a year away, so cut exposure to leveraged companies
The notorious combination of falling growth and rising prices commonly referred to as a stagflation usually hamstrings central banks.
BUSINESS
Jenburkt Pharma: A steady performer in the smallcap space
While the Q1 FY18 performance was disappointing, performance has improved sharply in the quarter gone by. We derive valuation comfort given the steady track record of profitability and superior return ratios.
BUSINESS
Why the Equitas stock is near the bottom, and may be worth a look
We expect FY19 to be a year of recovery post the dip in FY18. The bank is well capitalised (CAR 34.3 percent) and will not be constrained by capital to grow once it puts its house in order.
BUSINESS
Looking past the RBI's status quo: Are there signs the rate cut cycle is ending?
What was loud and clear was the RBI’s stance on future rates – at least in the foreseeable future, there is no possibility of a rate cut; depending on the inflation trajectory, one shouldn’t be surprised if the next move is a rate increase.
BUSINESS
Should minority shareholders be excited about the new Infosys boss?
While the near-term guidance is still muted and lower than the industry, the management change and payout policy should limit downside in the stock, making it a candidate to accumulate on weakness.
BUSINESS
Mangalam Drugs & Organics – valuation comfort for this small cap
For a company on a turnaround journey where the return ratios have started looking up meaningfully, the undemanding valuation at 9X FY19 projected earnings should be looked at seriously by investors
BUSINESS
Good quarter from Safari – Are luggage companies still a good bet after the stellar run?
While the sector is dominated by unorganised players, the outlook for the organised players looks promising. Despite the run up in stock prices, investors should keep an eye on this sector for steady earnings growth.
BUSINESS
The nine banks that will gain out of PSU recapitalisation
PSU recapitalisation may not restore competitiveness – be selective.
