BUSINESS
SBI set for next leg of re-rating
While receding asset quality woes led to valuation re-rating so far, the strong earnings aided by the economic recovery will drive the future stock performance
BUSINESS
Contrasting tale of housing finance companies HDFC and LIC HFC -- which one should investors bet on?
The already battered stock of LICHF corrected further following the announcement of its June-quarter earnings pushing it to distressed valuations
BUSINESS
Bandhan Bank’s stress assets surge in Q1. Have asset quality issues peaked for the bank?
The bank’s credit cost increased from 2.3 per cent in FY20 to 5.1 per cent in FY21 to a further 7.2 per cent in Q1FY22
BUSINESS
ICICI Lombard Q1 hit hard by surge in health claims
ICICI Lombard saw a significant spike in COVID-19 claims intimated, from just around 1,300 cases in Q1FY21 to around 46,000 in Q1FY22
BUSINESS
SBI Cards asset quality improves in Q1; a good proxy play on economic recovery
The novelty factor, along with solid market position, growth prospects, strong parentage and superior return ratios, makes SBI Cards a worthy bet
BUSINESS
Stellar Q1 show to hasten re-rating of ICICI Bank stock
The Q1 FY22 earnings reaffirm that ICICI Bank has transitioned well from a stressed bank to a growing lender
BUSINESS
CSB Bank: Rise in NPAs in gold loans takes the shine off Q1 earnings
While GNPA of CSB Bank has risen, ultimate credit cost – a more appropriate indicator of asset quality for gold loans – is expected to remain low
BUSINESS
Bajaj Finance Q1 hits a rough patch, asset quality loses balance
The stock upside hinges on progress of digital plans
BUSINESS
HDFC AMC Q1 – Rich valuation and falling market share to limit stock upside
Despite a pick-up in AUM and higher equity contribution, yields remained under pressure during the quarter
BUSINESS
HDFC Bank’s earnings growth moderates in Q1 — Is the golden era over?
A marginal blip, but bank well poised to leap forward
BUSINESS
How should investors look at Zomato’s valuation?
While its market share has grown in recent years and popularity has increased manifold after the outbreak of the pandemic, Zomato’s IPO pricing has raised many eyebrows
BUSINESS
Equity inflows moderate in June, but rising SIP folios and assets a bright spot
Regular investing in MF schemes reached a new milestone, with SIP accounts crossing 4 crore and SIP AUM reaching an all-time high of Rs 483,964 crore
BUSINESS
Market cap is soaring and so are fortunes of these financial stocks
These are proxies for capital market growth and have seen a stellar run from the bottom of the crash last year
BUSINESS
Where do HDFC Bank, CSB Bank stand? Pre-earnings business updates reveal a lot
For the quarter ended June, both HDFC Bank and CSB posted strong growth in advances
BUSINESS
Two big positives in Repco Home Finance’s earnings
Earnings of Repco Home Finance are set to improve in FY22 with business returning to normalcy and leveraging getting better
BUSINESS
The government’s support to the microfinance sector won’t change its fortunes
The ease of credit will certainty help but for sustained improvement, the supply side measures need to be accompanied by demand revival
BUSINESS
Reliance’s foray into green energy will boost India’s renewable energy ambitions and geopolitical standing
RIL AGM 2021: India’s energy sector is on the cusp of a solar powered revolution and Reliance is set to play a leading role in it
BUSINESS
Will Assam MFI package help Bandhan Bank’s stock?
As per the proposed package, the Assam government will take on the liability of up to Rs 8,500 crore for certain categories of MFI borrowers in the state
BUSINESS
Indostar Capital Finance – Past imperfect, present tense but future promising
The equity capital infusion by Brookfield has strengthened Indostar’s ability to grow the book both organically as well as inorganically
BUSINESS
Three factors that add value to LIC Housing Finance
Despite the pressure on asset quality, there were some positive readings from the earnings
BUSINESS
How much value will the potential buyer assign to IDBI Bank?
While the current valuation of IDBI Bank is pricing in the improvements in operating metrics and profitability, there can be further upside, driven by the potential sale of bank
BUSINESS
With large inflows in May, equity mutual funds are back in favour
The peaking of second wave seems to have boosted investor enthusiasm about equities and has drawn them back to mutual funds
BUSINESS
PNB Housing stock showed the way. Will other HFCs follow suit?
We see PNB Housing’s rally as a key trigger for re-rating of the sector
BUSINESS
Why should investors consider City Union bank despite sharp fall in asset quality in FY21?
City Union Bank's management had cautioned about the asset quality stress much in advance
