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
BUSINESS
CAMS is priced at premium to mutual fund stocks. Why should investors consider it?
Given the robust return ratios and CAMS’ vantage positioning, the premium valuation will sustain
BUSINESS
How much more can SBI stock rally on the back of stellar asset quality in FY21?
SBI’s asset quality has not only improved significantly but it also trended better than that of private peers in FY21
BUSINESS
SBI Cards – A quintessential consumption play that stands to gain from peaking of second wave
With around half of its revenue derived from consumer spending (fee income) and other half from credit business (interest income), SBI Cards is a consumption company in the financial services space
BUSINESS
Home First Finance — A worthy long-term bet available at reasonable valuation
Home First, being an affordable housing player, is well poised to benefit from structural growth in the segment
BUSINESS
Reason to cheer despite sharp fall in April inflows into equity mutual funds
With positive flows in equity schemes in the past couple of months, mutual funds have turned saviour for equity markets as they are seen absorbing the selling by FPIs
BUSINESS
CSB posts stellar earnings; will the stock get rerated further?
Given the strong parentage of the Fairfax group, more than adequate capital, relatively better asset quality and high provisioning, we see CSB Bank continuing to grow its loan book at a healthy pace and and improve its return ratios in the medium term
BUSINESS
The worst may not yet be over for Bandhan Bank even after weak Q4 show
Given the asset quality issues in the key states and the uncertainty induced by the second wave, Bandhan's valuation multiple is unlikely to jump to its previous level
BUSINESS
HDFC’s resilient performance in FY21 makes it a must-own financial conglomerate
While the performance of the core mortgage business inspires confidence, HDFC stands to gain from the equally strong performance of its subsidiaries and associate companies
BUSINESS
RBI’s liquidity booster shot offers partial relief, economic immunity will be raised only by mass vaccination
The RBI measures are welcome, but supply side measures can only help to some extent—the economy and the markets expect the government to do more
BUSINESS
Which AMC stock to bet on at a time domestic flows are set to improve in FY22?
Each of the three listed MFs -- HDFC AMC, UTI AMC and Nippon LIfe -- has some unique business strengths
