Recent Posts

51

Indian Economy, Macro, RBI Policies / Historical Interest Rates - Senior Citizens Savings Scheme

« Last post by resh on August 31, 2021, 03:55:19 PM »

Here is the Historical Interest Rates of Senior Citizens Savings Scheme which is a scheme mostly provided by PSU / Government Owned Banks where a Sr Citizen can invest upto Rs 15 Lakh for a period of 5 Years.

02-08-2004 to 31-03-2012    9.0
01-04-2012 to 31-03-2013    9.30
01-04-2013 to 31-03-2015    9.20
01-04-2015 31-03-2016    9.30
1.4.2016 to 30.9.2016    8.60
1.10.2016 to 31.3.2017    8.50
1.4.2017 to 30.6.2017    8.40
1.7.2017 to 30.9.2018    8.30
1.10.2018 to 30.6.2019    8.70
1.07.2019 to 31.03.2020    8.60
1.4.2020 to 30.09.2021    7.40

52

IPOs and Rights Issues / Zomato - IPO - Review + Recommendation

« Last post by resh on July 12, 2021, 08:42:20 AM »

Zomato is Loss Making and Far from profitability. We believe that we will get it at a Discount Post-IPO and hence AVOIDING investment in Zomato IPO.

Views of Edelweiss Capital,
While we concur with management on the opportunity size, we believe network effect in the food delivery space is not the strongest. Hence, execution excellence would be key to long-term value creation. At its upper band, the company is valued at USD7bn pre-money, which is a 30% premium to the last funding round by Vulture Capitalists.

While growth remains strong, valuation at 19.7x FY22E and 13x FY23E price to sales at the higher end of the price band is certainly not cheap. Global peers trade at 2–10x price to sales.

Motilal Oswal Analyst Sneha Poddar said,
The valuation also appears expensive at 25x FY21 EV/Sales compared to average of 9.6x for global peers and 11.6x for Indian QSRs. Though, valuing such early stage businesses on plain vanilla financial matrix might not give the right picture and may look distorted. Investors with high risk appetite can Subscribe for Listing Gains given fancy for unique and first of its kind listing in the food delivery business.

Vikas Jain of Reliance Research said,
Given average MAU of 61mn (Zomato + Swiggy) for online food delivery services in total internet users population of >624mn, we believe online food deliver industry can potentially see sustain double-digit growth in the coming years. Therefore, considering huge
scalability in business, duopoly market and asset light business model, we recommend SUBSCRIBE to this IPO from long-term perspective.

Kotak Securities Analyst Sumit Pokharna has NOT GIVEN RATING to IPO.

53

Sensex and Nifty Company Analysis / NIFTY EPS for FY 2022 + FY 2023

« Last post by resh on June 25, 2021, 01:56:37 PM »

According to Motilal Oswal,

Nifty EPS for FY22E/FY23E was revised 2.6%/1.4% higher to INR746/INR872 (INR726 / INR861 earlier), entirely led by Metal companies. The latter has seen earnings upgrade of 77%/41% for FY22E/FY23E. Excluding Metals, Nifty earnings would have seen cuts of 2.2%/0.4%.

Nifty EPS has grown by 14.2% in FY21, led by: a) better-than-expected pace of normalization post Covid 1.0 unlock b) sharp recovery in cyclicals like Metals, and Cement. NIFTY EPS for FY 2021 was Rs 539

54

SmallCap Stocks India / Top Share Holders in Adani Green Energy Ltd

« Last post by resh on June 14, 2021, 09:07:33 PM »

Top Share Holders in Adani Green Energy Ltd as on 31-Mar-2021

None of the Top Mutual Funds like Nippon India, HDFC, ICICI etc are seen here. So it is mostly Stock Market Operators who are rigging the price and SEBI is Sleeping

Albula investment fund ltd   19308613   1.23%
Apms investment fund limited   36616755   2.34%
asia investment corporation (mauritius) ltd   38061933   2.43
elara india opportunities fund limited   36500438   2.33
lts investment fund ltd   26288534   1.68   
universal trade and investments limited   256559285   16.4%              
vespera fund limited   20924399   1.34

55

MidCap Stock Picks / Top Share Holders in Adani Transmission Ltd

« Last post by resh on June 14, 2021, 09:01:27 PM »

Here is a list of Top Share Holders in Adani Transmission Ltd as on 31-Mar-2021

Albula investment fund ltd   24476045   2.23%
apms investment fund limited   20644530   1.88%
cresta fund ltd   43239496   3.93%
elara india opportunities fund limited   51208638   4.66%
Lts investment fund ltd   18131550   1.65%
vespera fund limited   13384714   1.22%

56

Sensex and Nifty Company Analysis / Top Share Holders of Adani Greens Ltd

« Last post by resh on June 14, 2021, 08:57:29 PM »

Herei s a List of Top Share Holders of Adani Greens Ltd as on Mar-31-2021

None of them are Held by Mutual Funds or well known Financial Institutions raising Doubts on who are the Market Operators Making Heavy Money in Adani Group Stocks ?

Albula investment fund ltd   19308613   1.23%
apms investment fund limited   36616755   2.34%
asia investment corporation (mauritius) ltd   38061933   2.43%
elara india opportunities fund limited   36500438   2.33
lts investment fund ltd   26288534   1.68%
new leaina investments limited   17261699   1.1   
universal trade and investments limited   256559285   16.4%           
vespera fund limited   20924399   1.34

57

India Stocks and Shares / Top Share Holders of Adani Enterprises

« Last post by resh on June 14, 2021, 08:51:11 PM »

As on Mar-31-2021 here is the Top Non Promoters Share Holders / Owners of Adani Enterprises Ltd

Albula Investment fund ltd   23579735   2.14%
Apms investment fund ltd   18620775   1.69%
cresta fund ltd   32785926   2.98%
elara india opportunities fund limited   48657634   4.42%
LTS investment fund ltd   19195391   1.75%
vespera fund limited   20134769   1.83%

58

Indian Economy, Macro, RBI Policies / India 6.4 Trillion Economy

« Last post by resh on April 07, 2021, 06:21:29 AM »

Morgan Stanley Report

India’s economy would pass the US$6.4 trillion mark by 2030, with per capita income at US$4,279 – reaching the upper middle income country threshold.

This implies a real GDP growth of 6% and nominal growth of 10-10.5%. A key ingredient to our forecast is our estimate that manufacturing
as a share of GDP will rise from approximately 15% of GDP currently to 20% by F2030, implying that its goes from US$400bn to US$1175bn.

Markets
By 2030, India's market capitalization could grow to US$6.4 trillion in line with GDP growth, an annual increase of 10%. With accelerating earnings and reasonable relative valuations.

Is Market Cap / GDP = 1.0 the new normal in valuation ?

59

Experian-Equifax / Advantages of Credit Card over UPI / Mobile Wallets

« Last post by resh on March 15, 2021, 01:18:11 PM »

A credit card is a very versatile and highly evolved financial product that offers a much stronger proposition to customers versus other payment products.

An interest-free credit period of up to 50 days to customers on their spends. Credit cards are accepted globally and are also used for
higher-value transactions, unlike other digital payment modes. These differentiating characteristics should continue to drive credit
cards' sustained growth in India.

Flexipay - This feature allows credit cardholders to pay for retail purchases in a number of equated monthly installments (EMI).

Balance transfer - This allows credit cardholders to transfer their existing balances from one institution's credit card to another.

Easy money - Personal loans are offered to credit cardholders within the existing cash advance limit on their credit cards.

Reward points - Credit cardholders also can earn rewards points from purchases online as well as at merchant outlets. Institutions also offer “accelerated” reward points at designated merchants, as well as periodic promotional rewards milestones to stimulate cardholder behavior.

NOTE
1. Credit Cards should never be used for Withdrawing CASH
2. Always Pay your Card Bills in Full before the Due Date.

60

Experian-Equifax / Credit Card Penetration India Vs Global Peers

« Last post by cardbhai on March 15, 2021, 12:23:41 PM »

The credit card penetration is quite low in India as compared with levels in other countries. There are only 62 cards outstanding
per 1,000 people of the working age population in India.

Even spends on credit cards as a percentage of GDP is just ~3.6%, which is substantially lower when compared with countries such as
South Korea (38%), US (18%) and Australia (17%). Also, while overall consumer loans to GDP in India is ~19%, credit card loans forms only 0.8% of GDP. Thus, we see a strong structural growth opportunity for India's credit card industry.