BUSINESS
HDFC AMC: Sector tailwinds boost Q2 earnings of this long-term compounder
The premium valuation will sustain, given the sectoral tailwinds and HDFC AMC’s vantage positioning.
BUSINESS
No pivot from RBI, but changed stance paves the way for rate cut in H2FY25
RBI wants to see how evolving risks to the inflationary outlook play out, particularly food inflation and geopolitical tensions, before cutting the policy rate
BUSINESS
NBFC Q2 Preview: Growth holds up with stable margins
Festive demand and rural recovery remain key growth drivers
BUSINESS
Iran-Israel conflict — What could be the worst-case scenario for the world and India?
At the moment, the likelihood of a blockade of the Strait of Hormuz is low. However, in the case of such an event, crude prices may spiral out of control and disrupt the world economy as it is a vital artery carrying about a fifth of the world's oil.
BUSINESS
RBI rate cut prospects for October fade on rising Middle East tension
While major central banks across the world have embarked on an easing cycle, the RBI is unlikely to follow the suit in October MPC meet amid the evolving geopolitical risks
BUSINESS
Rate cut round the corner – Why should investors prefer NBFCs to banks?
The beginning of a rate-cut cycle could ease the funding environment for NBFCs.
BUSINESS
Can HDB Finance take the coveted title of most valued NBFC from Bajaj Housing Finance?
To be the most valued NBFC, HDB’s listing should be at more than Rs 1,700 per share, with a valuation of more than Rs 140,000 crore
BUSINESS
Will the RBI toe the US Fed line on rate cut? Connect the dots
While the likelihood of a rate cut by the RBI has increased in H2FY25, an October cut is not likely, given the food inflation risks
BUSINESS
Is the premium valuation of IDBI Bank factoring in the impending deal?
The real attraction for the potential buyer will be IDBI Bank’s huge deposits of Rs 277,548 crore
BUSINESS
Bajaj Housing Finance’s stellar debut could trigger a sector re-rating
Valuations of HFCs show a stark picture of divergence and investors will be better off taking calculated risks
BUSINESS
Northern Arc’s IPO: Is the attractive pricing a top draw for investors?
The NBFC has a long experience in the lines of business it operates, but also carries certain risks
BUSINESS
What explains the surge in Prudent Corporate Advisory’s stock?
While the robust growth in mutual fund assets is the obvious factor for Prudent’s success, finer details indicate that the potential risks to the business waned in the past couple of years
BUSINESS
Medi Assist’s acquisition – short-term pain, but long-term gain
Paramount’s acquisition will consolidate Medi Assist’s position as a market leader in the TPA space
BUSINESS
What makes us cautious on CreditAccess Grameen despite strong return ratios
The stock underperformance can’t be fully attributed to the soft quarter (micro risk) and/or sectoral headwinds (macro risk). The real concern is an event risk.
BUSINESS
CDSL: Robust earnings performance justifies stock rally
Potential opportunity from mandatory demat accounts for unlisted companies, optionality from new business ventures, and issuance of insurance policies in demat form are all strong drivers.
BUSINESS
Medi Assist: Steady Q1, margin set to improve in FY25
Reduction in GST on individual health insurance policies can trigger stock upside
BUSINESS
Muthoot Microfin Q1 FY25 – Higher provisions drag down profit, but valuation very attractive
The management maintains guidance for FY25 despite headwinds in the micro-finance sector
BUSINESS
LIC – modest performance in Q1 FY25, but valuation remains main draw
Margins improvement will take time, but the product-mix story is playing out
BUSINESS
Aavas Financiers — Will promoter change alter the stock’s fortunes for the better?
Aavas’s buyout is the largest deal in affordable housing finance sector and will end the supply overhang for the stock
BUSINESS
Bond yields to keep drifting lower despite RBI's status quo policy
The central bank wants to be doubly sure about the trajectory of food prices before initiating rate-cut action
BUSINESS
Protean remains at a vantage point to ride India’s digital journey
Among new investment themes that have emerged from renewable energy to artificial intelligence, the one that can’t be missed is India’s digital journey and Protean is the best stock to play the same
BUSINESS
SBI Q1 FY25 – performance peaks, but risk-reward still favourable
While earnings growth will normalise, the stock upside will be driven by the expansion of the valuation multiple
BUSINESS
360 ONE Wealth – strong start to FY25
The sharp rise in transactional income is a key driver of profit
BUSINESS
CSB Bank Q1 FY25 – Soft quarter, but guidance encouraging
Profitability dragged down by a sharp fall in margin and higher operating expenses
