Sanjeev Prasad

Many Indian consumer companies have delivered middling sales growth over the past decade, similar to their global peers, said Kotak Institutional Equities.

Kotak’s Sanjeev Prasad says market valuations ignore looming economic challenges

India’s rural consumption is improving, thanks to good monsoons in 2024 and decent crop output in the last two crop seasons (2024 kharif and 2025 rabi)

Top largecaps ripe for picking, says Kotak Institutional’s Sanjeev Prasad

The analyst believes, right now, the Indian stock market is in the bear, bull and bubble phase – all at the same time. Several largecaps are in bear market, a section of mid and smallcap in bull market while another section is full of froth.

Lofty valuations, plummeting consumption, stagnating growth to play spoilsport in 2023

In a freewheeling interview with Moneycontrol, Sanjeev Prasad, Managing Director and Co-Head, Kotak Institutional Equities gave a detailed breakdown on why he foresees consumption registering a pronounced slowdown, growth levels plummeting further and why lagging public investment spending is the missing piece in the larger picture of India Inc’s growth narrative

Kotak's Sanjeev Prasad sees earnings recovery in H2FY18; prefers SBI

India Inc. reported results which were largely in-line with estimates but the recovery in earnings is likely to take place only by second half of FY18.

Sign of caution? Top 4 macro factors which D-Street seems to be ignoring

The latest macro data suggests a slowdown in the economy but euphoria on D-Street seems unabating.

See earnings downgrade for IT if rupee remains strong; like IOC, Aurobindo: Sanjeev Prasad

Prasad of Kotak Institutional Equities also felt NBFCs could see some pressure as banks will look to capture retail customers. He prefers Aurobindo Pharma and IOC as valuations look reasonable and cheaper than peers.

Revenues of telcos to decline; like Aurobindo: Kotak's Prasad

Ample liquidity in the market could help it go up further but one needs be cautious of the risk-reward balance from a fundamental perspective, says Sanjeev Prasad, Senior Executive Director & Co-Head, Kotak Institutional Equities.

See at least two US Fed rate hikes this year: Sanjeev Prasad

The strength of the US dollar will decide the fate of the emerging markets (EMs), said Sanjeev Prasad, Senior ED & Co-Head at Kotak Institutional Equities.

Hard to find midcap stocks with right valuation: Kotak Equities

Non-banking finance companies (NBFCs) are trading at 3-4 times FY18 book value which makes them more expensive than the likes of HDFC Bank or HDFC, noted Sanjeev Prasad of Kotak Institutional Equities.

Global macro factors may be less relevant in 2017: Kotak

With developed market yields starting to move towards normal levels on the back of anticipated economic recovery, attention will shift to fundamentals once again unless developed market economic growth were to falter in CY17, Sanjeev Prasad says.

Nifty 50 valuations reasonable after recent correction: Kotak

Sanjeev Prasad of Kotak Institutional Equities says valuations of the Nifty 50 Index are reasonable at 15.5x FY18 EPS after the recent correction.

Volume growth key; like oil & gas, corp banks: Kotak

Speaking to CNBC-TV18 Sanjeev Prasad, Senior Executive Director and Co-Head of Kotak Institutional Equities, said that recovery may not continue as valuations are on the higher side for a lot of stocks.

See scope for rate cut, FII inflows to be less supportive: Kotak

Sanjeev Prasad of Kotak Institutional Equities says he sees limited scope for re-rating for large parts of the Indian market as global bond yields start to move up and valuation multiples are at high levels post their significant re-rating over the past 5-6 years mirroring the fall in global bond yields.

2 reasons why FII flows into EM equities are reversing: Kotak

Speaking to CNBC-TV18 Sanjeev Prasad of Kotak Institutional Equities said that corporate earnings have been a mixed bag this time around.

See 75 bps rate cut going ahead; like IoC, GAIL: Sanjeev Prasad

India‘s macro story looks very good, says Sanjeev Prasad of Kotak Institutional Equities. Speaking to CNBC-TV18 Prasad said that global events are hard to predict.

Sanjeev Prasad sees Nifty EPS at Rs 446 in FY17, eyes Q2 results

We have prepared our estimates under Ind-AS, though Q2FY16 results are under I-GAAP. We calculate BSE-30 Index's FY17e EPS at Rs 1,479 and FY18e EPS at Rs 1,792, says Sanjeev Prasad of Kotak Institutional Equities.

Subdued monsoon not to hurt rural economy:Kotak's Sanjeev Prasad

A subdued monsoon is a disappointment but it is unlikely to affect rural economy, Sanjeev Prasad of Kotak Institutional Equities told CNBC-TV18. The concerns are more in the non-agricultural segment of the rural economy such as construction and mining which haven‘t been doing well in the past, he said.

Sanjeev Prasad: Easy-money trade is over but no time to short

For several months now, noted analyst Sanjeev Prasad of Kotak Institutional Equities has maintained that the gush of liquidity globally has lifted stock prices to the point where fundamentals do not really matter.

Auto & media to benefit from GST; stay away from beta: Experts

Sanjay Mookim of Bank of America Merrill Lynch says he thinks implementation challenges will now gain prominence and Q4FY17 can be particularly volatile.

Fund managers' Catch 22: Doomed if you buy, doomed if you don't

When the market has been rising for a while, valuations turn expensive. Frontline stocks may look a safer bet, but much of the action would be happening in midcaps.

A weird bull market; fundamentals don't matter!: Kotak's Prasad

Prasad says it is a difficult time for active fund managers, because they are not getting enough money in their funds, and even if they are getting inflows, it is a tough call whether to invest because of expensive valuations

Outlook positive, but fund managers at a loss as to what to buy?

Benchmark indices are trading at roughly 18 times one-year forward earnings, which may feel is on the expensive side as a full-blown earnings recovery still seems some quarters away

See 17% FY17 earnings growth; positive on banks: Sanjeev Prasad

Fourth quarter earnings that have come in so far look positive to in line, on average, though some negative surprises may lurk in the second half of the season, says Sanjeev Prasad, Sr Executive Director & Co-Head Strategy, Kotak Institutional Equities.

Reliance Industries may move to Rs 1200-1300: Sanjeev Prasad

Sanjeev Prasad of Kotak Institutional Equities feels that Reliance Industries may move to Rs 1200-1300 over the next 12-15 months.