Sanjiv Bhasin, Director, IIFL Securities, says in the microfinance space, AU Small Finance deserves a relook. It was trading below Rs 700. I gave that as one of my Diwali picks at Rs 670, 680. They are progressing very well on their digital apps. Then, look at AB Capital, that is another NBFC which has … Read more
Sanjiv Bhasin, Director, IIFL Securities, says people are talking of largecap underperformance. But the stars have been REC, PFC, NTPC, and Coal India. While people kept doubting the PSU rally, they kept going higher. There is still more steam there. I would not advocate buying fresh ad hoc, one can do SIP in some of … Read more
Sandip Sabharwal, asksandipsabharwal.com, says 2024 will be a year of good double-digit gains in the market. 2023 was expected to be a bit dicey in a way because of the rate hike cycle and the impact that it will have on valuations, etc, market selloffs and whether it can create some disruptions. In my view, … Read more
Pieter Elbers, CEO, IndiGo, says “today, we are running in the second quarter on 28% capacity growth and in the third quarter we have announced to be roughly in the range of 25%. At IndiGo, we have taken a whole range of mitigating measures ranging from lease extensions to damp leases of wide bodies, damp … Read more
Vivek Karwa, Chief Executive Officer – Vridhi Investment, says “the first thing to look at is how long the company has been in business. That is one important point. And is there any more? For example, when you talk about paints, which company comes to your mind? When you talk about theatres, which company comes … Read more
Sanjeev Sanyal, Member, Economic Advisory Council-PM, says “not only in decades, but even in centuries, we are in some ways clawing back some of our heft in the world. After a very, very long time, India counts for something in the world economy. Both of these things are coming together at the time that we … Read more
Varun Lohchab, Head of Research- Institutional Equities, HDFC Securities, says “Axis Bank, ICICI Bank, Chola, LTI, Mindtree, Persistent are the top picks within banking and IT pack which still look reasonably valued and within the capex theme there are a lot of ideas as well.” Lohchab also says: “A lot of the stocks are looking … Read more
Sanjiv Bhasin, Director, IIFL Securities, says “ this is the time to start to get overweight on Reliance, Apollo Hospital and ICICI. Apollo Hospital is seeing peer groups which are getting listed and their market cap move up whereas this stock has done nothing. Bhasin further says Tata Tele would be the first of two … Read more
Investment Guru Jim Rogers, says “India is at an all-time high. Somebody has done a brilliant job in India. India has been a very successful market in the last few months. So, I am not buying because it is doing so well. But if and when things get cheap again in India, I hope I … Read more
Saugata Bhattacharya, Chief Economist, Axis Bank, says “manufacturing, if it actually stalls, in addition to the agricultural uncertainty, given the low rains that we have seen in August, might actually pull GDP growth even lower than the 6.2% that we have been expecting and forecasting for Q2. That is likely to pull down overall annual … Read more