Indian Equity Research and Investment Strategy
Ambit Capital known for publishing a Bold report on how the Government was Paralyzed and things would come to a standstill even before FIIs began to Sell has not cut India’s GDP Growth estimate for FY 2013 to mere 6.2%, lower than 2008 crisis level where India witnessed a growth of 6.8%. Consensus GDP is still at 8.0% but will likely be downgraded.
Ambit is concerned about the sovereign debt growing at a much faster pace than nominal GDP in that region points to (more…)
It is now evident from Inflation numbers that the Government is Unable to tackle the Inflation and the key question is does anybody in the Government is Concerned at all ? Indian Inflation in September – 2011 is at 9.72%. Going forward, we expect inflation to remain elevated at 9%+ for the next 2-3 months before coming off to 8% and nothing lower than that, unless the (more…)
The Central Government is Paralyzed. Scam after Scam have been unearthed yet their is no sense of Shame or Embarrassment and the Greed for Power is at Peak. Bureaucracy / Secretaries [Brain Child of Indian National Congress] has acknowledged that they are not going to be hands on as their are being made scapegoats of Scams & Controversies [A Detailed Article will soon be posted on this]. Contrary to this, we would like to enlighten readers (more…)
The lethargic and potentially the most corrupt Government in Indian history has finally woken up to the needs of Indian Economy. Feelers from the Joint Secretaries in the ministries of coal, mines, power, and also a member of the Planning Commission is that Government is moving towards the reforms process.
Coal Sector:
Domestic coal availability is an issue of paramount importance and (more…)
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 (more…)
Sr. Fund Manager and the Largest Wealth Creator for Individual Investors in India, CIO of HDFC Mutual Funds Mr. Prashant Jain in a communication released just a while ago to Investors has asked to BUY the Indian Growth Story. Recall, on Oct-13, 2008, minutes after a conference call with Mr. Jain, we pushed the story – Best Time to Invest in Indian Equity and since then you have seen the returns of over 100% in 3 years and all HDFC Funds have beat this benchmark. [ Tax Free Returns ]
Excerpts from Today’s Communication to Investors by Mr. Prashant Jain, (more…)