Recent Posts

61

India Credit Cards / Personal & Business Loans / Card Additions up sharply MoM; spends flat

« Last post by resh on November 18, 2020, 07:55:20 PM »

The total credit cards in force increased 1.5% MoM in Sep-2020 to 58.7mn, after increasing 0.3% MoM in Aug-2020. In Sep-2020, all domestic players in the top- 10witnessed net additions to their cards in force, of 1-3% MoM, barring Kotak, which remains cautious on the segment.

Domestic players barring Axis Bank  had witnessed net additions to cards in force in Aug-2020 too; however, the pace of additions has sharply ramped-up in Sep-2020. This reflects that banks are reaching closer to their normal rates of card sourcing. The rate of card additions was the highest for IIB, AXSB and SBIN in Sep-2020 versus others.

Credit Card Spend in India
Spends/card declined 2% MoM in Sep-2020, after a 10% MoM growth seen in Aug-2020. Spends/card had earlier declined 59% MoM in April due to the lockdown, after which they continually increased over May to August. Spends/card will likely accelerate in 3QFY21 due to festive-season spending. On a YoY basis, total card-spends were down 16% in Sep- 2020. Average monthly spends per card decreased to ~Rs8,600 in September (~Rs8,700 in August).

62

MidCap Stock Picks / HDFC Securities Diwali 2020 Picks

« Last post by resh on November 11, 2020, 01:06:49 PM »

Here is a List of Stocks recommended by the HDFC Securities Investment Research Team as picks for Diwali 2020

Stock / CMP / Price Band for Accumulation / Target

Alembic Pharma 1001.0 877-885 1148 Till Next Diwali
Credit Access Grameen Ltd 624.0 520-540 797 Till Next Diwali
Gujarat Gas Ltd 296.2 270-273 356 Till Next Diwali
Mphasis Ltd 1371.5 1234-1238 1511 Till Next Diwali
Radico Khaitan 441.0 380-390 545 Till Next Diwali

Large Cap Stock Recommendations are as follows,

Stock / CMP / Add on Dips / Target

Bharti Airtel 452.7 400-403 597 Till Next Diwali
Cadila Healthcare 439.0 385-393 508 Till Next Diwali
ICICI Bank Ltd 440.0 395-405 503 Till Next Diwali
Infosys Ltd 1094.0 1002-1006 1205 Till Next Diwali
United Spirits Ltd 532.0 441-451 645 Till Next Diwali

NOTE: These are HDFC Securities recommendations and not mine.

63

Sensex and Nifty Company Analysis / Sharekhan Diwali Picks 2020

« Last post by resh on November 11, 2020, 01:00:52 PM »

Here is list of Stocks recommended by Sharekhan Equity Research Desk for  Diwali Picks 2020

Stock Target Prices are Not Mentioned.

Amber Enterprises
APL Apollo
Bharti Airtel
HDFC Life
Info Edge (India)
IPCA Labs
Kotak Mahindra Bank
L&T
SRF
Tata Consumer Products
Tech Mahindra

NOTE: Please make your investment decisions wisely in consultation with SEBI Registered Investment Advisers, if you think they are really the best option.

64

India Stocks and Shares / Anand Rathi Diwali Picks 2020

« Last post by resh on November 11, 2020, 12:56:31 PM »

Here is a List of Stocks recommended by Anand Rathi as Diwali Picks 2020

Stock and Target as given below

Ultratech Cement Ltd. RS 5300
Divi's Laboratories Ltd. Rs 3730
Tata Consultancy Services Ltd Rs 3230
Hikal Ltd Rs 211
Tata Consumer Products Ltd Rs 620
VIP Industries Ltd. Rs 370

65

Equity Investments, Fundamental Research and Sectors Review / DealMoney Securities - Diwali Picks

« Last post by resh on November 11, 2020, 12:52:42 PM »

Here are the Top Picks of DealMoney Securities for this Diwali 2020



NOTE:  Please Consult SEBI Registered Investment Adviser before making any investment decisions.

66

MidCap Stock Picks / IIFL Securities Diwali Dhamka

« Last post by resh on November 07, 2020, 08:55:15 PM »

Diwali Dhamka recommendations from IIFL Securities are as under with stock target price

Tube Investments of India 751
Apollo Tyres 171
Persistent Systems 1470
JB Chemicals & Pharmaceuticals 1125
Security & Intelligence Services 560

Infosys 1400
ICICI Bank 530
HCL Tech 1000
Dr REddys Labs 5800

67

Sensex and Nifty Company Analysis / Motilal Oswal Diwali Picks - Samvat 2077

« Last post by resh on November 07, 2020, 08:51:39 PM »

Motilal Oswal leading Broker with very good research has put out the following stocks as recommendations for Diwali Picks - Samvat 2077 with target price as under

Bharti Airtel 650
SBI 300
Hero Motor 3700
Infosys 1355
Ultratech 5600
ICICI Bank 525
Crompton Consumer 360
Dabur 600
Divis Labs 3520

68

India Stocks and Shares / Axis Securities Diwali Muhurat Picks

« Last post by resh on November 07, 2020, 08:45:15 PM »

Here are the Top Picks from Axis Securities for this Diwali Muhurat Investment

Stock & its Target Price is as under
ICICI Bank 504
STATE BANK OF INDIA 261
CAN FIN HOMES  515
TECH MAHINDRA  975
Bharti Airtel 676
SECURITY & INTELLIGENCE 450
Eicher Motors 2400
DALMIA BHARAT 1083
VARUN BEVERAGES 865
AARTI INDUSTRIES 1263
DHANUKA AGRITECH 880

69

Equity Investments, Fundamental Research and Sectors Review / Kotak Securities Top 10 Muhurat Picks

« Last post by resh on November 05, 2020, 07:28:27 PM »

The Top 10 Muhurat Picks of Kotak Securities are as under along with their Target Price.

Axis Bank 600
Ambuja Cement 300
Bajaj Auto 3900
Bajaj Finserv 8000
Bharti Airtel 710
Hindustan Zinc 295
Infosys 1400
ITC 260
L&T 940
SBI Life 1100

70

Mutual Funds in India / How to Find AUM of Direct Vs Regular Plan ?

« Last post by resh on October 28, 2020, 04:29:42 PM »

With a lobby of Mutual Fund Distributors & AMC working like a cabal, SEBI intervened to break the same by being strict on Foreign Trips, Stocks, Gift & Cheques Paid out to Mutual Fund Distributors. Along with SEBI diktat, Mutual Fund Online Platforms emerged offering Direct investment Plans.

Now What is the Percentage of Mutual Funds Invested Directly Vs Regular (Distributor) Mode ?
All the Following Data is Obtained from AMFI Website --> Check Under Scheme Details

All Data as of 30-Sep-2020
We are considering the Top 2 Funds in Each Category by SIZE OF AUM - Assets Under Management

MultiCap Fund
Kotak Standard Multicap Fund - Growth - 25%Direct and 75% through distributor
HDFC Equity Fund - Growth - 33% Direct and 67% through distributor
SBI Focused Equity Fund - Growth - 19% Direct and 81% through distributor

LargeCap Funds
SBI BLUE CHIP FUND - Growth - 24% Direct and 76% through distributor
HDFC Top 100 Fund - Growth - 20% Direct and 80% through distributor
Mirae Asset Large Cap - Growth - 32% Direct and 68% through distributor

MidCap Fund
HDFC MidCap Opportunities Fund -  18% Direct and 82% through distributor
DSP MidCap  Fund -  17% Direct and 83% through distributor

Large & MidCap Fund
Mirae Asset Emerging Bluechip - 28% Direct and 72% through distributor
Canara Robeco Emerging Equities - 19% Direct and 81% through distributor

Investing in Mutual Funds by Direct Plans mean a 1% Higher Rate of Return.

So the thing is Direct Plans are Picking up and here to Stay since all the Corporate Debt is now invested in Liquid Funds using Direct Plans.