Dalal Street

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…)

Everybody wants a Multibagger but most of them end up with Junk Stocks in search of it. The better approach we recommend our investors is to go with modest stocks which can double in the next 3 years i.e deliver in excess of 25% compound annual returns. In an Analysts survey, the stocks that made it to the top 20 are as follows. (more…)

In a faster than expected surprise, Morgan Stanley pushed the report on Indian Banks saying that Margins are headed for a Collapse and Downgraded the Indian PSU Banking Space to Underweight. Morgan expects the NIM to fall between 40-70 bps.

The pre-provision operating profit (PPOP) will drop to single digits after the 40%+ growth in F11. PSU Bank F12E multiples have (more…)