J Kumar Infra’s shareholders’ list reads like a who’s-who of Dalal Street’s investing luminaries. Sunil Singhania’s ABAKKUS GROWTH FUND-2, Prashant Jain’s 3P INDIA EQUITY FUND 1, Dolly Khanna, Mukul Agrawal, HDFC Mutual Fund and FII LETKO BROSSEAU EMERGING MARKETS EQUITY FUND hold big stakes in the Company
We are positive on Muthoot Finance because of its strong customer acquisition and retention measures, entry into new geographies and segments and it has been growing on strong internal accruals (CAR at 30.3%). We maintain our ‘Buy’ rating on Muthoot Finance Ltd with a revised SOTP based target price of Rs 1722
Nifty Bull Call Ratio Spread: SELL 2 LOT CALL NIFTY 18JAN2024 22,400 @ 17 | BUY 1 LOT CALL NIFTY 18JAN2024 22,100 @ 122
Target – 55 POINTS | Stop Loss – 22,450 (SPOT)
The Company has a market capitalisation of Rs 1855 crore and a free float of Rs 520 crore. The promoters hold 71.54% of the equity capital while the public holds 28.46%. Amongst the public, ASHISH KACHOLIA holds 4.17% while his investment company BENGAL FINANCE AND INVESTMENT PVT LTD holds 2.11%
Vikas Khemani, whose Carnelian PMS Fund delivered 77% YoY return, says India is one of the most promising markets in the world & there is no doubt very big FII money will gush into the Indian markets in 2024. He has discussed the various stocks in his portfolio
Tanfac Industries Limited (Tanfac) is a joint-sector company promoted by Anupam Rasayan India Limited (Anupam Rasayan) and Tamil Nadu Development Corporation (TIDCO). It began commercial production in March 1985 and is among the leading producers of hydrofluoric acid and its derivatives
Medi Assist Healthcare Services Limited provides third-party administration services to insurance companies through the wholly owned subsidiaries, Medi Assist TPA, Medvantage TPA (from Feb’23) and Raksha TPA (from Aug’23). Its a holding company and has nine subsidiaries of which four are direct subsidiaries and five are indirect subsidiaries
HDFC Life is trading at 2.1x FY26E P/EV. We continue to value the stock at 2.8x FY26E P/EV– a 30% discount to the long-term mean – while raising our FY24-FY26 embedded value (EV) estimates by ~3% each to bake in the strong economic variance seen this quarter
Satin Creditcare Network Ltd. (SCNL) is one of India’s largest Microfinance Institutions (MFI) in terms of Gross Loan Portfolio operating out of Gurugram with a strong presence in North India. It started in 1990 as a provider of individual and small business loans and savings services to urban shopkeepers
High Conviction Stocks Idea Attributes • Company: a) Sound / resilient business; b) Consistent strong financials; c) High growth potential; and d) High return on invested capital • Industry: a) Market leaders / Strong brand value; b) High growth opportunities; c) Strong entry barriers • Management: a) Visionary Leadership; b) Strong & Effective Management; and […]
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