BUSINESS
Bandhan’s stock didn’t react positively to healthy business growth update. Why?
Bandhan’s stock will not see a sustained rally until asset quality woes in its micro-lending book are decisively resolved. And even if the asset quality improves, the valuation multiple is unlikely to jump to historical levels
BUSINESS
Why S&P 500 may test more lows even as Fed pivot hope rises
In these uncertain times, the strategy should be to focus on quality, value aspects and names that reward shareholders through dividends
BUSINESS
Should investors subscribe to Tamilnad Mercantile Bank IPO?
BUSINESS
IDBI Bank-CSB Bank potential merger: What does it hold for shareholders?
IDBI Bank’s ownership can be a shot in arm for Fairfax’s banking ambitions as the former is ten times the size of CSB Bank in terms of asset base
BUSINESS
Why should investors bet on DCB Bank?
Asset quality stress seems to have peaked; operating efficiency set to improve
BUSINESS
Why SBI Cards is an 'avoid' despite strong earnings
Past perfect, present tense and future is highly uncertain for SBI Cards
BUSINESS
Why should investors consider these two wealth firms despite market swings?
Recurring revenue gives visibility and management guidance is positive; attractive valuations make them good long-term bets
BUSINESS
HDFC Q1: Temporary margin compression mars strong show
Robust growth in the individual segment and lower credit costs bolster performance
BUSINESS
SBI Life — Solid all-round Q1 numbers, best placed among private life insurers
While the better product mix and higher VNB margin is encouraging, three things differentiate SBI Life from other private players – market leading share, largest bancassurance channel and lowest cost structure
BUSINESS
Bajaj Finance: Glorious past, dynamic present, poised for brighter future
Solid earnings in Q1 befit the premium valuation of the non-bank lender
BUSINESS
ICICI Bank Q1 FY23: Solid all-round show, re-rating to continue
ICICI Bank’s performance reflects why the bank, once the poster boy for stressed assets, today trades on a par with HDFC Bank, the Mr Consistent of the Indian banking industry
BUSINESS
ICICI Lombard Q1 — Robust growth, fall in health claims drive strong earnings
ICICI Lombard's June 2022 quarter earnings indicate that the non-life insurer is set for a revival this fiscal following a tough FY22
BUSINESS
ICICI Pru Q1 FY23 – Robust margins, but growth lags
ICICI Pru’s Q1 FY23 earnings underscore that it is well on track to achieve the VNB target for FY23
BUSINESS
HDFC Bank Q1: Strong growth, but treasury loss hurts earnings
Retail growth picked up in Q1FY23, and if the momentum sustains, FY23 could well turn out to be a comeback year for the bank
BUSINESS
RBI’s move to free forex inflows a right step, but not enough to halt rupee’s fall
RBI has taken baby steps to smoothen the volatility in currency market. It will have to take a giant leap forward (by hiking interest rates and/or dipping into forex reserves) to halt the weakening of the rupee
BUSINESS
Which private life insurance stock offers best risk-reward?
Growth moderation and rise in interest rates are headwinds for life insurance companies
STOCKS
What makes Home First a preferred bet in housing finance space?
Home First stands out in the crowded affordable home financing space
BUSINESS
What explains the distressed valuation of this housing finance company?
Mortgage lender's stock has plunged 49 percent year-to-date (YTD) compared to a 9 percent fall in the Nifty in the same period
BUSINESS
Fintechs at the gate – regulatory intervention to gain ground
The probability of disruptors getting disrupted have increased as fintechs stare at big regulatory risks
BUSINESS
What makes this platform business a red-hot bet despite shrinking volumes?
The stock has corrected more than 50 percent from its 52-week high price seen in mid-March’22
BUSINESS
City Union Bank: Faster loan pick-up, asset quality comfort will drive rerating
The bank management had guided to better return on assets (ROA) at 1.5 percent by FY23 and has already delivered 1.4 percent in FY22
BUSINESS
US earnings | Healthy headline growth in Q1 masked weakness under the surface
In an inflationary environment with a looming threat of an economic slowdown, the decline in valuation usually precedes the downward earnings revisions
BUSINESS
This non-bank micro lender is the best play on recovery in microfinance
The management’s guidance is very positive and the expected good monsoon will provide a boost to the rural economy, which is a key target client market
BUSINESS
Why Prudent Corporate is worth a look in uncertain times
Prudent is the third largest MF distributor after NJ India and ICICI Securities among the non-banks with a closing MF AUM of Rs 49,473 crore as of March end
