2014 | Dalal Street

Equity Research

BJP’s Alliance in Bihar & Tamilnadu Boost SENSEX

March 28, 2014March 28, 20142 min read

As we get closer to elections, political parties are stitching together alliances to help their electoral prospects. The BJP seems to be ahead in the race reinforcing their image of being the frontrunner in the polls. It has also belied some apprehensions that Narendra Modi being at the helm would prevent allies from joining the party. Key alliances formed by the BJP include (a) Bihar (LJP, RLSP), (b) Tamil Nadu (5 Parties), and (c) Haryana (HJC). It is also likely to announce an alliance in Andhra Pradesh with TDP, as per media reports.

Why Tamilnadu Alliance is Shot in the Arm of BJP ?
BJP announced a major alliance in the (more…)

Equity Research

How Retail Investors Can Make Money in Claris Lifesciences Buy Back ?

March 24, 20142 min read

Claris Lifesciences has announced an offer for buyback of 9.25 million shares (representing 14.49% of equity share capital) at a price of Rs250 per share on a proportionate basis through the tender offer process. The stock is currently trading at Rs189.

The objective of the Buy Back is to return surplus cash to the Equity Shareholders of the Company. In accordance with Regulation 6 of the Buy (more…)

Economy, Markets and Macro Views

How Economists in Congress Regime – Chidambaram & Anand Sharma Destroyed Indian Economy ?

March 22, 2014March 22, 20142 min read

We’d like to highlight how the so called Economic Think Tanks in the Congress Government destroyed the Indian Economy even though they were wearing the mask of Mr. Right & Bright but in reality the Graphs of Economy presented below give a “Failure” Grade to Mr P. Chidambram (Finance Minister) who inherited a bad economy and Mr. Anand Sharma (Commerce Minister) vocally defending his Scamster colleagues. The Corrupt Congress regime is to be blamed for all the Adversaries in the Indian Economy as presented by facts and Graphs from our Research Database.

Pathetic Quarterly GDP Growth of mere 4% in the Last 12 months due to Impotent Governance by (more…)

Equity Research

HNIs Advised to Stay 100% Invested in Equities – Kotak

March 22, 20142 min read

Kotak Wealth Management has advised all its High Networth Individual [HNIs] Clients to stay fully Invested in Equities as chances of upside Risk are Higher (dependent on the outcome of Lok Sabha Polls where Corporates are Openly Backing BJP led Narendra Modi for country’s premier post, inline with our expectations).

They say that the formation of Progressive BJP led NDA Government is very High. If the election mandate is in BJP’s favor then we (more…)

Equity Research

Why HDFC Bank Must Trade at High P/E Like Consumer Stocks ?

March 18, 20143 min read

HDFC Bank is India’s Global private sector bank. We have been BUYERS of the Bank at all levels over the past 12 months. We’d like to justify the top 10 reasons on why HDFC Bank must Trade at a High P/E of 20+ like consumer stock [even though ITC and HUL trade at much higher P/E of 30].

1. The first factor in Equity Analysis which we look at is the Quality of Management. HDFC Banks gets a full 10/10 as it has the best professional management which leads to innovative products being offered.
2. Second Lowest Non Performing Assets in the Indian Banking Industry [due to high quality processes in place] with enviable (more…)

Economy, Markets and Macro Views

Why Morgan & Deutsche bet on Indian Private Banks to Play Recovery ?

March 17, 20142 min read

With the underlying Economic indicators showing signs of recovery, a comprehensive analysis of Indian banks’ profitability matrices, suggests that asset quality stress tests and near-term strategies, present three key takeaways: 1) Private banks are well positioned, with the capital and liabilities to benefit from an economic recovery. 2) Lack of capital is a challenge for PSU banks, whose urgent need for equity dilution may keep valuations subdued even as the economy improves. 3) Capital inefficiencies may keep valuations down for PSU banks, whereas valuations could expand for private banks due to better capitalisation.

PSU banks have lost their core (more…)

« Prev 1 … 6 7 8 9 Next »