Nomura has conducted a thorough analysis of all the top-notch PSU and Private Banks and NBFCs and given clear-cut recommendations on which stocks are the best buy now
We resume coverage on India financials with a sanguine view. The new government’s decisive mandate under Prime Minister Modi should help address key asset quality concerns. A large part of the stress in noninfrastructure corporate exposure has been recognised already and a faster, more decisive policy framework should help restart stalled infrastructure projects. While hopes of reforms have been priced in over the last six months, we expect earnings upgrades and a compounding cycle to provide more upside.
Can you please provide your views on Sasken Communication Technologies with a one year prospective.