Equity Research
Gold Threatening to Displace Equities in 15 Year AnalysisJanuary 26, 2012
It is well known fact that Indian consumers hold over $1 Trillion Worth of Gold. Their fascination for Gold is never ending. However, this has been a blessing in disguise as volatility in global economy increased and Gold became the unspoken currency standard for Trade. It is surprising to know that Gold is threatening to displace Equities as the Best Asset Class even in Longer Periods such as 10 Years and 15 Years.
Gold has outperformed other asset classes Read More »
What are the Factors Affecting Indian Market ?December 10, 2011
Over the past few months or almost a year now, the investment climate in India is certainly not in favor of Equities. Here is complete analysis on the top 5 issues affecting Investors caught in tight position from committing more funds to our Economy.
Scam Ridden GovernmentThe damage has been done, but recent flip-flop on FDI in pension funds, Insurance, Retail and power tariff revisions suggest that the bad news is coming to an end but the Politics of India’s Largest State Uttar Pradesh is making the Read More »
HDFC Bank – CASA Focus + Super Profits + Premium Customers & ValuationsJuly 20, 2011
HDFC Bank (HDFCB) has matched its historical run-rate (Y-o-Y) of 30% plus. Net profit grew 33% yoy driven by strong loan growth of 30% yoy and 10% qoq, stable sequential NIMs despite a
rapid rise in deposit rates, and robust asset quality.
NII grew by a moderate 18.6% YoY to Rs28.5bn led by a modest but healthy credit growth (20% YoY and 9.7% QoQ) while NIM Read More »
Indian Markets / Economy & Macro / Sector Research
20 years of Liberalisation – Think Out of the Box for Indian EconomyJanuary 25, 2012
The last few months we have seldom posted here except asking investors to stick to Large Caps during Blood Bath. The Goal of this Publication is to create long term wealth by means of investing in Equities and Related Instruments. Indian Liberalised Economy is now 2 decades old and Policies Matter a Lot. Hence this Brief Insight from our twenty plus years of experience on Dalal Street 
How India was Run by Her Politicians ?
The old way of running India involved holding back expenditures in the initial years post General Elections and administering a blast of public expenditures in the pre-general election financial year. This model could Read More »
December 20, 2011
The year was 1991 a man was determined to change India’s Fortunes. He probably knew more than anybody else about the Economy and the State Finances and thus was put in-charge as Cabinet Minister of Finance and the scholar who assumed responsibility was none other than our honorable PM Dr Manmohan Singh.
However, in 20 years, things have changed a lot. Dr. Singh known as the Architect of Liberalization and Economic Policies is now a Puppet of Populist measures and a mute spectator to Read More »
Government Trying to get Out of ParalysisDecember 4, 2011
For the past few months we hardly posted anything on this site except few tweets recommending to BUY Blue Chips when the Market Dips. Good News!!!. Last weekend Group of Ministers held a session in Mumbai to send feelers that Government is doing everything it can to get the Economy moving. We don’t believe them. Dalal Street Analysts flew to Delhi and spoke to Economic Advisors to the PM and lobbyists in Delhi who point to a clear unfreezing of the paralysis which had gripped the Government over the 6 months.
Five Major Areas where the Government is Determined to Move ahead are, Read More »
Corporate Earnings News
India Inflation – Headline down – Core still inching upJanuary 17, 2012
Headline WPI inflation in December decelerated sharply to 7.47% from 9.11% in November, the softest print since December 2009. The headline print was lower on account of a favorable base and sharp decline in food inflation (down 3.1% m-o-m). However, demand side price pressures continues to persist as reflected in the 0.6% m-o-m rise in manufactured products inflation to 7.41%.
Manufactured products inflation showed little Read More »
Congress / UPA Government’s Populist Schemes to Destroy Economy – Driving Italian Way ?
December 19, 2011
The Congress Government headed by DR Manmohan Singh is likely to crash land the Indian Economy. DEsperate to preserve the lost battle for Larges Ever Scams in the history of India, Government is unveiling Populist Measures. But where is the Money to fund the same ? Is the remotely controlled PM Driving the economy Italian Way to Crisis & Defaults ?
Forget the Food Security Bill which will burden the State Exchequer by an additional $10 Bn. Market Insiders who stay in touch with Power-brokers in New Delhi have heard that payments on rural loans have stopped being made because Read More »
IPO Reviews
What is Cost of Raising Funds in India or Going IPO ?April 26, 2011
One of our associates was doing a research on the cost of raising funds in India as an established Business [not startup ]. Here is how the Book Running Lead managers break up their schedule of charges for taking your company public from drafting, filing of REd Herring Prospectus to Listing with NSE / BSE.
Rs 10 Lakh on the date when you assign the contract to the Read More »
PTC Financial Services – Expensive Offer – AVOID
March 18, 2011
Looks like the Union Government is out of its senses when dis-investing the shares of PTC Financial Services at a valuation higher than HDFC (India’s Most Trusted & Ethical Brand).We do not even want to analyze the offer as the Valuation, the first parameter itself failed miserably in our analysis.
Valuations: PTC Financial services offer is Read More »
Mutual Funds in India
Gold Can Threaten SENSEX But Not Our Recommendations of Equity BasketJanuary 26, 2012
For a minute even I was surprised as I saw the report of Gold beating SENSEX as I had a quick glance on the table of Jr. Analyst. However, it is well known fact that our Recommendation of Equity Basket has outperformed the Gold in 15 year period. We have to prove the same else get our office decorated with Eggs and Rotten Vegetables
You all know that we have recommended investments in HDFC Top 200 Fund, HDFC Equity Fund, HDFC Tax Saver Fund, Reliance Growth Fund etc. Let us see their Read More »
BUY Indian Equity – Sunil Singhania – Reliance Mutual FundAugust 11, 2011
A Day after HDFC Fund Manager re-iterated the fundamentals of Indian Equities, Sr. Fund Manager from Reliance Mutual Fund, Sunil Singhania has also issued his assessment of the situation.
Mr. Singhania wrote in a communication,
We acknowledge that the headwinds to Indian equities have been significant over the last few months Read More »
Feeds & Updates
