Moneycontrol
/home/moneycontrol/commonstore/commonfiles/headband_data_live.json
Array
(
    [0] => Array
        (
            [title] => Exclusive keynote by MSME Minister Nitin Gadkari at Small Business Virtual Summit with CISCO on 17th July - Register Now
            [lp_url] => https://www.moneycontrol.com/cisco-smb-virtual-summit/?utm_source=moneycontrol&utm_medium=headband&utm_campaign=cisco_smb
            [ga_event_tracker] => Array
                (
                    [category] => Register-webinar
                    [action] => From-Home
                    [label] => Register-webinar
                )

            [start_date] => 2020-07-08 00:00:00
            [start_date_epoch] => 1594146600
            [end_date] => 2020-07-10 16:00:00
            [end_date_epoch] => 1594377000
            [rank] => 1
        )

    [1] => Array
        (
            [title] => LIVE Webinar: RSI - 5 Star Trading Strategy Webinar by Vishal B. Malkan . Watch Now!
            [lp_url] => https://www.moneycontrol.com/ms/malkansviews/?utm_source=Moneycontrol&utm_medium=Headdband
            [ga_event_tracker] => Array
                (
                    [category] => Watchnow-webinar
                    [action] => From-Home
                    [label] => Watchnow-webinar
                )

            [start_date] => 2020-07-10 16:00:00
            [start_date_epoch] => 1594377000
            [end_date] => 2020-07-10 17:00:00
            [end_date_epoch] => 1594380600
            [rank] => 2
        )

    [2] => Array
        (
            [title] => Tune in on 17th July for the Small Business Virtual Summit with Cisco. Register now!
            [lp_url] => https://www.moneycontrol.com/cisco-smb-virtual-summit/?utm_source=moneycontrol&utm_medium=headband&utm_campaign=cisco_smb
            [ga_event_tracker] => Array
                (
                    [category] => Register-webinar
                    [action] => From-Home
                    [label] => Register-webinar
                )

            [start_date] => 2020-07-10 17:00:00
            [start_date_epoch] => 1594380600
            [end_date] => 2020-07-17 11:00:00
            [end_date_epoch] => 1594963800
            [rank] => 3
        )

    [3] => Array
        (
            [title] => Special Offer: Subscribe to Moneycontrol PRO at ₹1 per day for the first year. Use Coupon: PRO365.
            [lp_url] => https://www.moneycontrol.com/promos/pro.php
            [ga_event_tracker] => Array
                (
                    [category] => PRO365
                    [action] => From-Home
                    [label] => Ribbon
                )

            [start_date] => 2020-07-17 11:00:00
            [start_date_epoch] => 1594963800
            [end_date] => 2020-07-31 23:00:00
            [end_date_epoch] => 1596216600
            [rank] => 4
        )

)
Array
(
    [count] => 1
    [data] => Array
        (
            [0] => Array
                (
                    [title] => Tune in on 17th July for the Small Business Virtual Summit with Cisco. Register now!
                    [link] => https://www.moneycontrol.com/cisco-smb-virtual-summit/?utm_source=moneycontrol&utm_medium=headband&utm_campaign=cisco_smb
                    [ga_event_tracker] => Array
                        (
                            [category] => Top Band
                            [action] => Virtual Summit
                            [label] => From-Home
                        )

                )

        )

)
Tune in on 17th July for the Small Business Virtual Summit with Cisco. Register now!
Last Updated : Jun 29, 2020 01:59 PM IST | Source: Moneycontrol.com

Stick to fundamentals! Elara Capital picks 15 'Crisis Crusaders' for long term

Elara Capital in its latest report on ‘India Strategy’ highlighted that they have studied the “fundamental metrics that matter during the crisis” to make an informed portfolio choice.


A health crisis that slowly took the shape of a financial crisis across the world is threatening the portfolios of investors. Many have seen double-digit drawdowns in their portfolio, and the losses are worse for those who were overweight on small & midcap stocks.

To survive a COVID-19 like crisis, investors would need stocks that are fundamentally strong and can withstand a weak economic cycle for a few quarters, said experts.

Close

With COVID-19 related economic downturn staring us down, we are likely to witness the first-ever economic contraction in India in FY21 since the economic liberalisation of 1991.

Elara Capital in its latest report on ‘India Strategy’ highlighted that they have studied the “fundamental metrics that matter during the crisis” to make an informed portfolio choice.

While the pandemic and its consequent impact on the economy, industry, and companies continue to unfold, Elara believes that there is merit in looking at historical data to analyse the performance of portfolios characterised by key fundamental attributes.

Elara Capital has analysed 20 key fundamental factors categorised into -

GROWTH (sales, EBITDA, PAT, and EPS);

RETURN (ROE, ROCE, ROOA, Delta ROE, Delta ROCE, and Delta ROOA);

MARGIN (EBITDA, EBIT, PAT, Delta EBITDA, Delta EBIT, and Delta PAT);

CASH FLOW (FCF growth and CFO & FCF yield);

FINANCIAL LEVERAGE (net debt/equity) to draw insights on how the fundamental based portfolios performed over the last 21 years (FY00 to FY20) and also how they coped with economic cycles.

Recommended stocks:

Elara Capital dug into their coverage universe (211 stocks, 180 ex - fin) to identify the “Crisis Crusaders”. It looked at companies that have a combination of high PAT growth (36% weight), the high delta in ROE (33% weight) and high sales growth (31% weight) during FY20-22.

Elara Capital ranked their largecap, midcap, and smallcap universe individually, comparing companies within the market cap classification for the final rank

The Final list of stocks is among the top 5 ranks in each market cap category that have been rated “Buy” or “Accumulate” by analysts of Elara.

Large caps: Lupin, Siemens, Info Edge, Indigo, Cipla

Mid Caps: PI Industries, IPCA Lab, Bata India, Torrent Power, Narayana Hrudayalaya

Small Caps: Strides Pharma Science, Dhanuka Agritech, V-mart Retail, Dixon Technologies, Mahindra Logistics

Elara Capital June 27


Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
 
First Published on Jun 29, 2020 01:59 pm
Sections