BUSINESS
Ideas for Profit | Infosys: Payout limits downside, buy as the stock closes valuation gap with leader
With the hefty payout limiting downside, we recommend buying Infosys
BUSINESS
IndusInd Bank Q3 FY19: Expect elevated provision and muted stock performance near term
We recommend a careful watch on the stock and accumulate it in the impending weak phase
BUSINESS
Ideas for Profit | DISA India: Accumulate this high quality business amid a downturn
The current weak phase in the stock is a good opportunity to accumulate this high quality business for the long term
BUSINESS
HCL Tech’s $1.8-bn deal with IBM throws more questions than answers
Even though the management commentary has been bullish on near-term growth outlook, the HCL Tech-IBM deal leaves us disappointed
BUSINESS
Ideas for Profit | Asset financing NBFCs: Good long term buy amid myriad concerns
We analyse 4 NBFC stocks to back in a volatile market
MARKETS
RBI policy on loan pricing a boon for regulator, customers; not so much for banks, NBFCs
One of the key developments from the credit policy is the new guideline of benchmarking retail loans to an external benchmark.
BUSINESS
RBI credit policy: No rate action and signs of a truce
This is the first policy after the rift between the Reserve Bank of India and government came to light and the tone and measures will be the first sign of who is ceding ground.
BUSINESS
RBI listing diktat: Should you avoid or buy small finance banks?
Both Equitas and Ujjivan are at a vantage position to capitalise on the weak competitive environment due to the comatose state of most public sector banks and the challenging funding environment for non-banking finance companies.
BUSINESS
India Inc Q2 review: Earnings breadth deteriorates; margin pressure stark
Input cost pressure is being increasingly absorbed by companies as the demand environment in weakening
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
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
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
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.
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
Ideas for Profit: Should one avoid or bottom fish asset financing NBFCs?
Sustainability of asset growth can’t be taken for granted. The steep hike in funding cost would impact interest margin as the entire hike may not be passed on to end-customers.
BUSINESS
Ideas for Profit: Value lurking in Equitas Holdings & Ujjivan Financial Services
With a pan-India presence and relatively high-yielding book, they remain attractive candidates for mergers and acquisitions by relatively larger entities.
BUSINESS
Ideas for Profit: Axis Bank delivers all round improvement in Q1 FY19, buy
We see a profitable journey for this bank and hence recommend buying into the stock as it has potential to re-rate from the current valuation of 1.9 times FY20e book.
BUSINESS
Ideas for Profit: HCL Tech’s deal wins & commentary overshadows soft numbers, buy
The undemanding valuation leaves room for upside should the strategy play out on expected lines
BUSINESS
Ideas for Profit: Weaker headline masks core strength in Kotak Mahindra Bank, buy on consolidation
In the near term, the stock might consolidate after the recent outperformance, especially if some corporate lenders see asset quality pains abating. Investors should use any consolidation as any opportunity to invest for the long-term
BUSINESS
Ideas for Profit: Federal Bank posts a good Q1 with a better outlook
We are comforted by the progress in Q1FY19 and the management guidance and feel that the valuation is still undemanding in the context of the long growth journey ahead.
BUSINESS
Ideas for profit: Slow but steady growth is what's reassuring about Infosys' Q1 show
Stability in senior leadership, well chalked out execution strategy, better demand environment, generous payout and opportunities from a weaker rupee-dollar protects downside for the stock
BUSINESS
Cyient: A soft Q1 should not tarnish this long-term story
We expect the stock to consolidate following a weak Q1. However, we are confident about Cyient’s domain expertise, supplemented by the right acquisition and execution capabilities
