Indian Equity Research and Investment Strategy
SEBI’s current Chairman, Sinha is an ex-MutualFund Industry Captain [ Ex-Chairman of UTI AMC]. As expected, he has started the regime of favoring brokers again, though at modest levels. He ordered,
In order to help Mutual Funds penetrate into retail segment in smaller towns, the distributor would (more…)
HDFC Bank (HDFCB) has matched its historical run-rate (Y-o-Y) of 30% plus. Net profit grew 33% yoy driven by strong loan growth of 30% yoy and 10% qoq, stable sequential NIMs despite a
rapid rise in deposit rates, and robust asset quality.
NII grew by a moderate 18.6% YoY to Rs28.5bn led by a modest but healthy credit growth (20% YoY and 9.7% QoQ) while NIM (more…)
HDFC announced its quarterly results and it is a script written by Mr. deepak Parekh a deade ago and it continues to be played in the same style. 20% Growth rate 🙂 I have been observing this stock for the past 15 years when I first bought it and despite Gloom or Boom, it maintains its own growth trajectory delivering consistent returns like Gold. [HDFC Outperforms Returns Delivered by the Yellow Metal] Low NPA, Strong Management, High Dividends, etc makes it enjoy higher discounting than the rest in the crowd.
HDFC reported 1Q12 net profit of Rs8.45bn up 22% y/y inline. Adjusted loan book growth (sale of loans) was robust at ~25% y/y (more…)
Infosys Technologies, once upon a time the bellwether of the Global Outsourcing Industry, in our view has failed to move past the point of inflection and is Done company [Company which can’t grow QoQ, is Done and Matured enough with Fat & Contended Management] for Investors looking for a Stock that can beat the benchmark. [Evident from the Sell-Off]
1QFY12 turned out to be a weak quarter as Infosys dealt with multiple issues on reorganization, high attrition levels and operational (more…)
For the last few months even we were disturbed by the events that were unfolding in the Political Capital – Scams, Massive Corruption, Government Sponsored Violence on Peaceful Protesters [Web users compared this to tiananmen square], Shooting of Investigative Journalists and the arrogance of the Central Government led by the Weakest Prime Minister to accept his Government’s fault and correct on the same.Foreign Institutional Investors have lost hope on Indian Government and its ability to take policy decisions.
Adding to the Government’s woes, Sonia Gandhi flying to Switzerland (more…)
As Anna Hazare and Baba Ramdev fast, I was not sure to sacrifice my lunch or not. However, I got into analysis of Black Money in Karnataka Real Estate which is a staggering sum. Here are the findings of my Research.
Karnataka State Government collected Rs 3758 Cr as Stamp Duty and Registration charges on properties in the FY 2010-11. According to the Government of Karnataka (more…)