Moneycontrol Be a Pro
Get App
Last Updated : Jul 08, 2011 07:04 PM IST | Source: Moneycontrol.com

Sharekhan handpicks 15 stocks for investment

Sharekhan has come out with its report on Stock Ideas.

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Sharekhan has come out with its report on Stock Ideas.


ADITYA BIRLA NUVO: the company is best valued using the sum-of-the-parts (SOTP) method. In the wake of the better than expected margin and efficiency of the insurance business, we have raised our new business achieved premium (NBAP) margin multiple for the insurance segment from erstwhile 16% to 18% for FY2012 with an assumption of a 15% growth in the new business premium (on the back of a 29% decline reported by the company in FY2011). Further, with the company for the first time reporting net worth for the consumer finance business, we incorporate the same at 1x its book value. Thus, the revised SOTP-based price target works out to Rs960 and we continue with our Hold recommendation on the stock.


BAJAJ FINSERV: The company

The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .

First Published on Jul 8, 2011 05:10 pm
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant
Make every wish come true
10% CashBack on Apparel
10% CashBack on Electronics
Swipe & Win iPhone 11 every hour