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
BUSINESS
ICICI Bank Q1 FY25: consistent performance, re-rating to continue
Profit surge aided by a growth in advances, contained operating expenses, and a decline in credit costs
BUSINESS
The Union Budget does not alter the investment case for gold
Whether physical or digital (SGBs and ETFs), investors will remain largely unaffected by the government’s latest move
BUSINESS
Bajaj Finance Q1 FY25 – Profit dragged down by higher provisions
Ability to maintain asset growth and sustain profitability is an area of concern
BUSINESS
Which housing finance stocks will benefit from higher budget allocation for PMAY?
Housing has a high multiplier effect with a host of forward and backward economic linkages
BUSINESS
Protean to be a key gainer from Budget's digital push, wider NPS ambit
The Union Budget has emphasised building digital infrastructure across sectors and Protean is a pioneer in this field
BUSINESS
ICICI Lombard Q1 FY25: Strong growth justifies premium valuation
The insurer has scope to further improve return ratios and market share
BUSINESS
HDFC Bank Q1 FY25 – no major improvement, loan growth to lag deposit curve in near term
Earnings growth was impacted by the merger and likely to remain muted in the near term
BUSINESS
HDFC Life Q1 FY25: Healthy growth, encouraging guidance
The management expects value of new business to double in four years, despite the adverse impact of regulatory changes on margins.
BUSINESS
Will the upcoming Union Budget 2024 bring cheer to the bond markets?
With the help of a bumper transfer from the RBI, the government is likely to don the hat of both a “fiscal hawk”, by fast-pacing fiscal consolidation, and a “growth-driving dove” through higher revenue spending
BUSINESS
This is the best stock to play robust inflows into mutual funds
Rising mutual funds flows and digitisation are going to benefit this RTA immensely
BUSINESS
US elections: What is in store for geopolitics and markets?
Equity markets have broadly performed well under both regimes historically
BUSINESS
Should investors bet on DCB Bank?
Though the bank’s deposit profile is weak, it is showing signs of improvement. The bank’s operating efficiency can improve with business growth, and the stock valuation is attractive.
