HDFC Bank was for the past 35 years running on one leg as it could not do mortgage business. After the merger, it is on a level footing with other banks. It can do heavy amount of mortgage business, which is the stickiest business for high street banks. The loan book growth will accelerate
![[IMG]](https://pbs.twimg.com/media/F1sqlCgacAAyXrW?format=png&name=small)
CIE is a MNC with 65.7% promoter holding. Its robust business model presents promising growth prospects. The stock is trading at an attractive valuation of 18.5x 2024E discounted P/E and 11x 2024E EV/EBITDA. We expect the stock to gradually re-rate to valuations like that of listed MNCs in the auto space: TP is 710 (35% upside): Nuvama
Cathy Wood's ARK Fund, which was once very bullish on China, has completely exited Chinese stocks as the Country faces an economic slowdown. Other big Funds are also exiting China & investing in emerging markets like India, leading to the surge & outperformance of Indian indices
Guidance cut by Infosys is a temporary blip. Headwinds are a sector-wide phenomenon. They are temporary and not structural. The stock is trading at 19.9x/16.9x FY24E/FY25E EPS. Buy for target price of Rs 1760 (21% upside): BOB CAPS
CDSL is market leader (73%) in BO accounts with RoE of 24%, RoIC of 78%, net cash of INR 10.6bn (~9% of market cap). Annuity revenue is high & growing at 19% CAGR. Compulsory demat of insurance policies will open up new opportunities. Target Price: Rs 1470
Nifty Bull Spread Strategy with Risk Reward Ratio of 1:2.68. Primary trend of the Nifty is bullish as it is trading above all its important moving averages. Breadth of the market is very strong. High probability of Nifty trending higher in the coming week
KBL is well poised for further growth. It is leveraging its brand equity & diversified portfolio in pumps industry to capitalize on emerging opportunities. Balance sheet will strengthen due to declining debt & cash flows. Valuation is reasonable
Delhivery is a High Conviction Buy Idea. It is the fastest growing company within the logistics sphere. Most efficient player in the market & is able to offer competitive price. Strong balance sheet & liquidity position (Rs 5508 crore in cash). Target Rs 500
Axis Securities' top picks have outperformed the Nifty by a wide margin owing to the quality of stock selection. They have now recommended 5 large-cap, 4 mid-cap & 7 superior-quality & growth-oriented small-cap stocks with potential for up to 32% gain
Axis Securities has recommended 16 large-cap, mid-cap and small-cap stocks with up to 32% potential
Vasa Denticity, the SME stock recently bought by Ashish Kacholia, is a unique play on the online dental Shopping e-commerce business. It stocks 35,000 plus products across 80 plus diverse categories from over 125 regional, national and international brands Read More
![[IMG]](https://pbs.twimg.com/media/F1sqnNkaIAAzsFO?format=png&name=small)
![[IMG]](https://pbs.twimg.com/media/F1sjiSZaIAAVe1Y?format=jpg&name=small)
![[IMG]](https://pbs.twimg.com/media/F1nVQ3eacAATJkK?format=png&name=small)
![[IMG]](https://pbs.twimg.com/media/F1nH154aUAATuhH?format=jpg&name=small)
![[IMG]](https://pbs.twimg.com/media/F1DnnlSaQAAAtBJ?format=png&name=small)