stock recommendations

Axis Bank: Its strategy is inspiring, but execution will determine if valuations can improve

We believe that it has the potential to get re-rated if its journey to reach 18 per cent RoE plays out. So, we recommend adding the stock on every decline

Kotak Mahindra Bank: Asset quality takes away sheen, buy on weakness

Any weakness post results is therefore an opportunity to gradually build position for the long term

Infosys – Opening Pandora’s box, avoid the stock

In a highly competitive environment, this will benefit peers. We, therefore, advise investors to completely avoid Infosys till the dust settles

L&T Infotech Q2 – You can spot some early signs of its revival

We are positive about LTI coming out gradually from this rough patch. The eventual integration of IT service businesses remains a long-term driver

Mindtree – The crisis is gone, but growth is yet to come back

The stock might have some downside, given the overall volatile macro and market environment. Such weakness could present a buying opportunity

Federal Bank – Too many misses, but right long-term intent

We do not expect a quick recovery in the stock. Investors should gradually build up position in this weak phase

ACC reports 45% rise in September qtr PAT: time to buy, sell or hold?

Citigroup and CLSA have the most aggressive target price of over Rs 2,000 on ACC Ltd. Citigroup slashed the target price to Rs 2,150 from Rs 2,175 earlier.

Wipro Q2 – Little downside, but upside capped as well

We do not see stock outperformance as long as Wipro lags its peers in growth

IRCTC: After a stellar listing, is it too late to board this train?

While we do not see an immediate upside, IRCTC should definitely be on the radar of long-term investors

Infosys Q2: Stellar execution, remains a buy

We do not see the runaway outperformance to continue. Investors should use dips to build position

TCS Q2: Macro headwinds come to the fore, wait for downside to play out

The earnings disappointment, subdued near-term outlook and valuation premium leave the door open for a near-term stock price correction.

RBI slashes repo rate by 25 bps: Top 17 stocks likely to benefit from the cut

A rate cut generally augers well for the companies that are debt-laden, auto sector, banks and NBFCs.

Marico business update: Takeaways for consumer sentiment stay bleak

The narrative for the prospects of business recovery now extends to the second half of 2019-20

Yes Bank – Are all the concerns priced in?

Investors with ability to stomach volatility should gradually start building position

Why this microcap niche pharma player surprises amid the smallcap carnage

We draw comfort from the relatively insulated business model and the undemanding valuation.

Why should you look at this good company in a tough environment now?

The weak phase of the stock is a good opportunity to accumulate this high quality business for the long term.

Top 10 high-conviction buying ideas from brokerage firms in a volatile market

Corporate banks, insurance, healthcare services, oil and gas, construction, engineering and logistics are among the key overweight sectors.

Why investors should ride on this bank’s growth despite expensive valuation

Tech Check: Contra view can be taken in RBL Bank; Nestle heading for Rs 14K

We have collated a list of stocks that remained in focus on August 29 because of their price action. The technical outlook is limited to near and medium-term.

Sugar breaking out of bitter cycle! 6 stocks that could give 20-30% return in a year

ICICI Direct believes that with sustainable earnings, the book value of sugar companies will grow 30-60 percent in the next two years.

Stocks hitting 52-week low: L&T, Axis, SBI, JSW and Tata Steel among top buys

The number of oversold Nifty stocks has reached 14. Historically, we have seen that in such a situation, there is a sharp pullback in the markets

Gold financing companies look good in these trying times

Check out this label – The risk reward is favourable

Why this high quality NBFC is a must own in any portfolio

The current market volatility may be just the right opportunity to gradually accumulate this high quality business for the long term.

Zensar Q1FY20 – steady execution, good outlook

We derive comfort in the current valuation and see weakness in the currency as an added tailwind.