BUSINESS
Here’s what to expect from the markets in 2019
BUSINESS
Govt’s stake sale in REC to PFC more about fiscal math than operational synergies
In a similar deal last fiscal, GOI sold its 51 percent stake in HPCL to ONGC and managed to raise Rs 36,915 crore.
BUSINESS
Credit growth well in excess of nominal GDP growth, but will it sustain?
Overall credit pie will still continue to expand at healthy pace as NBFCs are expected to cede their market share in favor of banks, giving boost to the banking system credit growth.
BUSINESS
Ideas for Profit | IndoStar Capital Finance: Sound fundamentals at compelling valuations
Current valuation prices in most concerns making it a worthy long term bet
BUSINESS
What Edelweiss' reported stake sale in wealth, AMC business means for stock
While there are multiple growth levers in the long term, potential stake sale in fee based business can be an immediate trigger for the stock
BUSINESS
Housing finance cos to benefit most from RBI’s easing of portfolio sell-down norms
RBI's relaxation would primarily benefit HFCs where the loan tenure is typically more than 5 years with greater proportion HFCs’ loan book now becoming eligible for securitisation.
BUSINESS
Pressure mounting on profitability of housing finance companies; Buy HDFC
Challenging times ahead for housing finance companies amidst tight liquidity scenario
BUSINESS
2 stocks that stand to benefit from improved profitability of paper sector
Timely expansion of the existing capacity and relative advantage in sourcing input are the key differentiators that will drive the future profitability of paper companies
BUSINESS
Is promoter stake sale in Zee for survival or growth?
With the rules of the game being redefined by the disruptors with formidable balance sheet, there is a potential downside risk to the business valuation of TV broadcasters
BUSINESS
Motilal Oswal Fin Services: A capital market player with fortune now tied to housing finance biz
MOFS's fee based businesses have scaled up well over the last few year but its overall performance is dragged down by the housing finance subsidiary, Aspire
BUSINESS
JK Paper: High earnings growth with potential upside trigger; buy
Macro factors such as favourable demand–supply dynamics and micro factors like increased capacity and operating efficiency will continue to aid JK Paper’s profitability
BUSINESS
Mutual fund flows in October resilient despite 5% fall in Nifty
Strong domestic mutual fund inflows into equities continue to more than offset the lackluster FPI flows in the recent years
BUSINESS
Ideas for Profit: End to asset quality woes in sight; SBI a long term buy
With a turnaround in sight, investors looking to play the asset recovery and resolution cycle should buy into the stock for the long term
BUSINESS
Ideas for Profit: A safe bluechip in uncertain times, HDFC is a must buy
We see HDFC as one of the key beneficiaries of liquidity shift towards strong and top quality names and expect it to accelerate market share gain.
BUSINESS
Govt call for special treatment of NBFCs may be unwarranted as liquidity easing
Current situation is more a crisis of confidence and not a full blown liquidity crisis. Hence, a special liquidity window for NBFCs at this point in time can boomerang by denting the confidence of market participants.
BUSINESS
HDFC AMC Q2 review: Steady show; buy on dips
Profitability impact due to reduction in TER on existing assets will be limited or negligible, as HDFC AMC has decided to pass on most of the cost to the distributors. On the incremental flows, the P&L impact will be more gradual.
BUSINESS
Ideas for Profit: 4 reasons that make ICICI Bank a good long-term bet
The bank's Q2 earnings reinforces our belief that it is on track to deliver targeted returns by June 2020
BUSINESS
ICICI Prudential vs HDFC Life: Which life insurance stock offers better value?
Listed private insurers have gained a significant edge over agency-led insurers and are now witnessing accelerated growth
BUSINESS
Bajaj Finance Q2: Company can weather industry storm; must-buy for long term
We see high interest rates as a speed breaker, not a derailment, in the BFL’s long journey upward
BUSINESS
ICICI Lombard review: Strong Q2 despite adverse impact of Kerala floods; buy on dips
ICICI Lombard, with a 8.9 percent market share in the general insurance segment, trades as a proxy for the sector, commanding a higher valuation
BUSINESS
HDFC Bank Q2 review: Scaling new highs in a tough environment; buy
Notwithstanding its large size, HDFC Bank is gaining market share at an accelerated pace, which will aid sustainable high earnings growth
BUSINESS
Sharp fall of NBFCs after Supertech’s default: Overreaction or justified?
Nervousness in the stock market and fears of a liquidity squeeze for NBFCs creating solvency issues for real estate players are the reasons for the free fall in NBFC shares post Supertech’s default.
BUSINESS
DCB Bank: Steady Q2; buy for the long term
While the Q2 FY19 earnings were better-than-expected, further improvement in profitability hinges a lot on operating efficiency and could take longer than envisaged
BUSINESS
Indiabulls Housing Finance Q2: Sound fundamentals but tight liquidity may weigh
At the time when the NBFC sector is grappling with funding issue, IBHF is guiding for medium term loan growth of 20-25 percent which clearly signals its relatively strong liquidity position.
