Recent Posts

Pages: 1 ... 7 8 [9] 10
81
Indian Retail Forum and Discussion / How JioMart Gains Reliance Retail Future Group Deal ?
« Last post by resh on August 31, 2020, 12:11:21 PM »
We believe that Future supply chain’s assets will prove useful for Jiomart + Reliance's offline business.

Jiomart intends to supply grocery online as well as act as a distributor to retail shops. We believe this would require an integrated supply chain network to connect RIL Market and warehouses with local kiranas, and kiranas and local RR outlets with customers. Assets of Future Supply Chain and Future Retail's Easyday network (990 Easyday, Heritage Fresh and Nilgiris stores) can help Jiomart's distribution and hyperlocal retail ambitions. These stores are neighborhood grocery stores, which would sell a select number of SKUs to a set of 800-1,000 member households. It also carried out local deliveries to these neighborhood households and had enabled Whatsapp based ordering for some locations. We believe these stores can be converted into Reliance branded outlets and be utilized to carry out Jiomart’s hyperlocal operations. Further, RR can also get data of these local neighborhoods and can easily onboard them as Jiomart's customers.

Future Supply Chain has capabilities of warehousing, operating DCs, express logistics, temperature-controlled logistics, last mile delivery. Further, in FY2019, FSC launched India Food Grid (IFG), a network of 38 Integrated Food and FMCG distribution centres (IFDCs) across the country that provide pan-India reach. The IFG can manage distribution right from the manufacturing hubs up till the final point of consumption.
82
Indian Economy, Macro, RBI Policies / Real Indian GDP Shrinking
« Last post by resh on August 13, 2020, 08:31:15 AM »
According to Motilal Oswal Research, Economic Activity Index (EAI) for India's real GVA (called EAI-GVA) contracted 7.0% YoY in Jun-20 – its fourth successive decline – which implies that economic activity shrank 18.7% YoY in 1QFY21. Industrial activities contracted sharply by a fifth (compared to 33% fall in May-20), while the services sector shrank only 3.6% YoY (supported by massive fiscal spending) in Jun’20. Farm activities grew 10.4% YoY – the highest pace in nine year

Overall, they suggest  that real Indian GDP may have contracted 18-20% YoY in 1QFY21, in line with their estimate. An important point to ponder over now is whether economic activity will pick up from Aug-Sep-20 and continue to grow post the festive season. As the COVID-19 pandemic is still not contained in India and partial lockdowns have been re-introduced, continuation of stronger GDP growth is still not a given.
83
MidCap Stock Picks / Morgan - RBL Bank Target
« Last post by resh on August 03, 2020, 01:05:48 PM »
Here is Morgan Stanley's take on RBL Bank Ltd,

The improvement in moratorium was led by wholesale banking, where moratorium level improved from 22% to 5% of loans. Non-wholesale banking moratorium improved to 30% vs. 45%.

Valuation is inexpensive, but lack of visibility on asset quality and muted RoE estimates keep us UW: This is driven by high exposure to BBB and below-rated corporates and unsecured retail loan segments. We reduce bear case weight and raise price target, but remain UW given uncertain asset quality. Price Target is Rs 150.

84
Real Estate / SEZ in India / List PropTech Startups India
« Last post by komal on July 25, 2020, 07:54:43 PM »
PropTech is powered by new-age technologies and data sources that can eliminate prevailing challenges of data asymmetry through real-time inputs, advanced analytics, and simpler user interfaces for transactions, financing, and documentation.

Here is a List of Hottest Property Tech Startups in India

85
Indian Retail Forum and Discussion / Jio Intensfies Digital Initiative for Others
« Last post by komal on July 22, 2020, 01:29:54 PM »
Under fear from Jio's Power of becoming a Retail Powerhouse by introducing Private Labels to compete MNCs like Hindustan Unilever, the latter have woken up to take care of their retailers / kiranas.

E-commerce and neighborhood stores are doing relatively better vs modern trade. Modern trade has been impacted due to temporary closure of stores across parts of the country. Company has also been promoting its own online platform such as Shikhar app (B2B online ordering app) which is now available in 150,000 stores across the country.

Retailer's Own Brand is known as Private Label - Reference http://www.retailmantra.com/which-quantitative-factors-matter-for-success-in-indian-retail/
86
India Stocks and Shares / Morgan Stanley Ovwerweight on HDFC Bank
« Last post by komal on July 20, 2020, 11:59:53 AM »
Morgan Stanley view on HDFC Bank,

Quote
raises EPS estimates by 5% for F21 and 4% for F22 and view risk as to the upside. Our higher earnings estimates, coupled with
rolling our valuation forward by three months, drives our PT increase to Rs1425. As discussed in our 24 Mar 2020 report, we see strong earnings outlook over the medium term due to expansion into interior India (which should help drive market share gains amid muted macro) and improved profitability (lower tax rate, reduced risk weights and high pricing power).

87
Indian Economy, Macro, RBI Policies / Re: Household Income Citywise
« Last post by nandandawda on July 19, 2020, 08:13:00 PM »
Dear madam ,
Can you please tell me whether the incomes are monthly, quarterly or yearly???
Can you please give me the reference for the data??/
88
Sensex and Nifty Company Analysis / Bernstein - ICICI an Outperformer
« Last post by komal on July 15, 2020, 02:38:13 PM »
Here is an excerpt from Bernstein Equity Research.

ICICI Bank has been a laggard in the current market (~20% under performance to HDFCB), driven by negative surprises in the overseas book. However, it has been on a strong improvement trajectory under the current CEO (~24% annualized CAGR in operating profits last 6 quarters). Its plan to raise capital (Core Tier 1 capital would go from 13.4% to 15.5%) should backstop concerns on its back book and provide it with growth capital. We find the valuation at 1.9x FY20 BV (1.6x FY21E BV, post raise) compelling. We believe the upcoming capital raise may be a good time to participate in the stock.

Going forward, as ICICI's improvement is perceived, we expect the gap to narrow. We value ICICI Bank at 1.9x FY21E P/BV, with target price of INR 430.
89
Indian Retail Forum and Discussion / Post COVID Lockdown Recovery - Varied
« Last post by komal on July 10, 2020, 10:29:20 PM »
With lockdown easing across most cities in India, 80-95% of stores have opened across retailers. However, recovery levels in June vary sharply, with grocery sales (DMart) at 80- 90% of pre-Covid levels. QSR sales are at 50-70% of pre-Covid for June, with JUBI at 60-70% vs 50-60% for WLDL, aided by higher delivery salience. Apparel players are most impacted, with Shoppers Stop at 30- 40% levels vs 45-50% at start-June, as pent-up demand peters out.
90
India Credit Cards / Personal & Business Loans / Simpl Pay - Substitute
« Last post by komal on July 03, 2020, 10:50:51 AM »
Founded in 2015 by Nityanand Sharma and Chaitra Chidanand Mumbai-based Simpl Pay partners online merchants to offer their customers the option to pay for all their purchases over a billing period in a single transaction (i.e. defer their purchase related payments) while making their payment experience faster and convenient in comon to cards and wallets.

They are a layer like your Credit Card but eliminate the Risk of Credit Card Frauds that may happen over the Internet Transactions.

The initial spending limit is set by default, and can be extended based on the spending behaviour and repayment pattern of the individual customer. Billing periods typically work over a 15-day cycle with an additional 5 days of grace period to settle the bills. Simpl claims to have transaction failure rates of less than 1% compared to 20-30% for other payment methods.

As of Oct’19, the company claimed to be processing more than 2 million transactions per month. Some of the platforms that the company offers its payment options include Bigbasket, Zomato, Dunzo, Fassos, Freshmenu and Rapido, among others.
Pages: 1 ... 7 8 [9] 10