Sep 29, 2021 10:07 AM IST
Prime Minister Narendra Modi announced the nationwide rollout of digital Health IDs for Indians. Under the Ayushman Bharat Digital Mission, electronic medical records will be created to allow doctors to track data over time and easily identify patients. How can you apply for a health ID? Let's find out.
- Aug 31, 2021 12:27 PM IST
- Aug 17, 2021 04:12 PM IST
At the current market price, Petronet LNG trades at an FY23 PE of 8.6x which is attractive and we recommend long-term investors to buy. Here’s why.
- Aug 17, 2021 11:05 AM IST
Petronet is likely to benefit from India's rising natural gas consumption
- Aug 16, 2021 05:42 PM IST
Though demand hit a speed breaker due to the pandemic, the outlook for medium-to-long term looks promising for Ashok Leyland. Demand is expected to recover post the resumption of economic activities. Current valuations also appear reasonable. Watch this video to know why we advise investors to accumulate this stock for the long term.
- Aug 10, 2021 09:48 PM IST
Retail focused housing finance company, Aptus Value Housing Finance India has opened its maiden public offer for subscription. Should you subscribe?
- Aug 06, 2021 07:40 PM IST
In the current consolidation phase for pharma sector, investors should focus on winners for the long term. Cipla, with its leadership in inhalation, focus on green chemistry and potential deployment of cash savings for new growth drivers, warrants attention. We tell you why.
- Aug 05, 2021 06:52 PM IST
Despite the rally, SBI’s valuation is still low at 0.9 times FY23 estimated core book value. The stock is trading below its long term average historical valuation though the RoE has now improved to low double-digit. The strong earnings aided by economic recovery will drive future stock performance. Subsidiaries are also getting bigger and better and will add to the stock upside. Long-term investors should buy SBI to gain from the next leg of re-rating. Here’s why.
- Aug 04, 2021 05:18 PM IST
Benchmarks saw fresh record high levels and gained for the third consecutive day, led by the banking names. At close, Sensex was up one percent and Nifty gained 0.8 percent. HDFC, Kotak Mahindra Bank, ICICI Bank, HDFC Bank and SBI were the top Nifty gainers. Grasim, Titan Company, Tata Motors, Hindalco and Adani Ports were among the top losers.
- Aug 04, 2021 01:33 PM IST
Pharmaceutical major and Nifty heavyweight Cipla will report its earnings report for Q1FY22 on August 5, 2021. Our poll expects the company to benefit significantly from Covid-led demand during the June quarter. Here’s a detailed preview of what to expect
- Aug 03, 2021 06:26 PM IST
Indian equity benchmark indices hit record highs Tuesday as a wave of bullishness driven by earnings and hopes of recovery hit investors. Sensex and Nifty closed almost 1.5% higher as gains in FMCG, IT, and financial sectors boosted the market. Titan, HDFC, Nestle India, IndusInd Bank, and UltraCement were the top gainers. On the other hand, JSW Steel, Shree Cement, Bajaj Auto, Tata Steel, and NTPC were the top laggards.
- Aug 03, 2021 01:55 PM IST
Nifty heavyweights SBI and Titan will be delivering their Q1 earnings report on August 4, 2021. Here's a detailed preview of what to expect from their earnings this time around.
- Aug 02, 2021 07:02 PM IST
Marico’s June quarter results were in line with expectations. Management believes gross margins have bottomed out in Q1FY22 and are likely to recover from September 2021 quarter. We are factoring in a revenue growth of 15% for FY22 and 12% for FY23. Based on our projections, Marico is trading at a P/E multiple of 55x/47x FY22E and FY23E respectively as against the last 10-year average valuation of around 36x. Investors with a long-term view can accumulate this stock and add on declines. Here’s why
- Aug 02, 2021 09:56 AM IST
Investors should look out for growth in foods portfolio and recovery in discretionary categories
- Jul 30, 2021 06:04 PM IST
Tech Mahindra is seeing positive momentum from enterprise as well communication with strong visibility on 5G front. The investment made in areas of 5G, customer experience, management, AI, cloud, data analytics and IOT puts TechM on a strong pedestal. The robust outlook along with an undemanding valuation makes it an attractive large cap bet to ride on the strong technology up-cycle.
- Jul 30, 2021 09:16 AM IST
The strong outlook along with an undemanding valuation makes Tech M an attractive large-cap bet to ride the strong technology upcycle
- Jul 29, 2021 05:42 PM IST
On the back of the uncertainty triggered by the second wave of Covid and the apprehension of a demand slowdown, Maruti’s stock price has fallen 15% from its 52-week high seen in January 2021. Valuations now look reasonable at 31.2 times FY23 projected earnings. We, therefore, advise investors to accumulate the stock in a staggered manner during this soft patch
- Jul 29, 2021 05:34 PM IST
Market snapped the three-day losing streak with Nifty settling above 15,750, supported by the IT, metal, and financial stocks. At close, Sensex was up 209 points, and Nifty gained close to 70 points.
- Jul 29, 2021 09:30 AM IST
The wobbly performance of Maruti affected the stock, which has now fallen 15 per cent from its January 2021 high, making valuations reasonable
- Jul 28, 2021 07:54 PM IST
IndusInd has so far has negotiated the second wave of the Covid pandemic impressively. Armed with capital, excess provision and a high quality balance sheet, growth revival will only be a matter of time. With an undemanding valuation, we see more re-rating ahead. Here’s why
- Jul 28, 2021 02:40 PM IST
IT giant Tech Mahindra will hand in its Q1FY22 report card on July 28, 2021. According to street estimates, TechM’s performance is likely to be relatively weaker than its tier-1 tech peers. Watch the video to find out what to expect.
- Jul 28, 2021 10:08 AM IST
Armed with capital, excess provision and a high quality balance sheet with the right kind of liability, growth revival is only a matter of time for IndusInd Bank
- Jul 27, 2021 09:04 PM IST
With a significant reduction in fresh Covid-19 cases, Tata Motors’ management highlighted that demand is coming back sharply and the second half should see significant demand growth. Encouraged by the economic resilience seen after the first wave of the pandemic, the management is confident of a quick revival this time as well.
- Jul 27, 2021 05:38 PM IST
The authors of 'CFO Niti' - Pramod Bagri & Sandeep Kumar in the video series titled 'CFO Niti Conversations' showcase snippets from the detailed in-depth stories and life lessons of India's most-accomplished Chief Financial Officers. These modern-day Chanakyas share the intricate inner workings of the CFO Office, their personal journey, life lessons, and also an understanding of the changing dynamics of the CFO office in the age of digitization and
- Jul 27, 2021 09:29 AM IST
Tata Motors expects improvement in chip supply from September 2021 once new capacity goes on stream. JLR expects a strong ramp-up in volumes in the second half