April 26, 2018 01:14 PM IST
The growing consolidation in the telecom industry should be incrementally better for an incumbent player like Airtel. We see a moderate upside in the stock from its current level.
April 25, 2018 01:15 PM IST
Though the stock has been a laggard of late, its valuations doesn’t appear stretched when compared to peers. So, should its performance turn out to be better as the management hopes, the stock could re-rate going forward.
April 25, 2018 12:15 PM IST
ICICI life is well positioned in a structural growth sector with lowest operating cost and distribution strength through bancassurance, making it a stock worth considering at current valuations.
April 25, 2018 11:10 AM IST
While nominal bond yields of three percent raise concerns, the real interest rate (adjusted for Consumer Price Index) is not at alarming levels given economic conditions.
April 25, 2018 07:59 AM IST
The bank succeeded in allocating most of its resources and capital in the relatively less risky commercial, rural, and retail loans segments.
April 25, 2018 07:42 AM IST
The company's performance was particularly remarkable as it reported a rise in sales of 63 percent compared to the same quarter a year ago.
April 24, 2018 06:39 PM IST
India's 10-year bond yield has been on a roller coaster ride, impacted more by supply pressure and inconsistent communication than by weakening macros
April 24, 2018 04:55 PM IST
Given the improving performance, healthier balance sheet quality and a positive guidance from the management, we expect traction in earnings to continue which could lead to a further re-rating of the stock.
April 24, 2018 03:57 PM IST
Though the company's financials have been consistently healthy, problems pertaining to sluggish revenue growth continue to persist.
April 24, 2018 02:52 PM IST
Populist support measures are only a short-term solution and aggravate the imbalance in resource allocation.
April 24, 2018 01:47 PM IST
With a large number of positives expected from DFC, there is a lot at stake from an industry perspective. Although the execution of the project is still in early stage, the first set of beneficiaries would be the companies having proximity to the Eastern and Western Freight Corridor.
April 24, 2018 01:30 PM IST
While pure consumption picks GM Breweries and VST Industries are trading at a discount to their respective sector leaders, Muthoot Capital is trading towards the higher end of the financial services spectrum.
April 24, 2018 12:31 PM IST
Retail loans now account for around 25 percent of all non-food credit. As youngsters join the work-force, the higher contribution of retail loans is expected.
April 23, 2018 05:57 PM IST
Robust economic growth expectations, lower real policy interest rate and relatively limited spread between US high bond yields and treasury temper any concern on inverted yield curve
April 23, 2018 02:23 PM IST
We expect HDFC Bank’s considerable moat to aid high and sustainable future earnings growth, notwithstanding its large size. This makes it a must-own stock among Indian equities.
April 23, 2018 01:51 PM IST
Companies that had identified digital as a transformative tool and got into the game early on, are now reaping rich dividends.
April 21, 2018 08:59 PM IST
For Vedanta, acquisition of Electrosteel could be value accretive as it has iron ore mines around the latter's plant thus reducing the overall cost
April 20, 2018 12:31 PM IST
Mid-sized IT company Cyient ended FY18 on a positive note.
April 20, 2018 09:35 AM IST
TCS ended the fiscal on a strong note with a solid outperformance in the final quarter of FY18. The outlook for FY19 is promising and the payout policy continues to remain exciting. The company has also announced 1:1 bonus. Hence, despite the recent outperformance, the downside appears limited and investors should look to add the IT bellwether in every dip.
April 19, 2018 07:00 PM IST
The bank seems to be executing a well-charted out strategy with a focus on building a strong low-cost stable liability and high yielding assets
April 19, 2018 06:44 PM IST
The growth outlook for the company appears positive as the demand in the industry is expected to pick up on fronts such as infrastructure and affordable housing
April 19, 2018 12:28 PM IST
Today, the company is one of the lowest-cost producers of sponge iron in the country, earning an operating margin of close to Rs 6,500 for every tonne sold.
April 19, 2018 12:00 PM IST
Not only was the performance in Q4 FY18 stellar, the outlook for FY19 remains strong from revenue visibility as well as profitability perspective.
April 19, 2018 10:38 AM IST
Import duty on palm oil has surged over the last one year. In March, duties on CPO were increased to 44% from 30%, which is the third such hike in nine months which started from 7.5%.
April 19, 2018 10:06 AM IST
HDFC Life, in our view, is best positioned in the insurance space given: 1) Its strong and trusted brand recall; 2) Balanced product mix with a leading position in the protection business; 3) Expanding distribution network; 4) High technology focus; 5) Product innovation; and 6) Experienced management.
