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India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Click company name below for details
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It been a tough year for the Indian markets with a 19.5% correction in Samvat 2067,
and volumes declining by 40% as the FII outflow for the period stood at Rs (-3) bn. All
of this has lead to our markets trading at trough levels of 13x 1 yr fwd earnings, a
discount of 10% to its past 15 year average.
A series of changes across the globe and in India have led to a fear for investment in
equities and led to a scenario of uncertainty, volatility and currency depreciation. The
higher commodity prices driven by QE2, the Middle East crisis and the pressure on
financials with the debt concerns surrounding European banks have trickled down to
our economy leading to a slower growth rate and higher inflation. What seems like an
over ambitious deficit target, slow execution in India and political instability due to
the recent exposure of scams, we have become more vulnerable to negative news
flows.
However, with the current fear in the market, there lies a ray of hope, with plenty of
stocks with good business ethics, practices and performances being able for a
comparatively cheaper valuation. We have carefully picked up a few stocks, which we
feel confident about & expected them to give good returns over a longer term. These
stocks are our fundamental picks based on structural opportunities or business cycle
reversals. The idea has been to pick stocks with low risk and above average return
potential.
With that we would like to wish you, A very “Pleasant & Safe Deepavali” and a
“Prosperous Samvat 2068”!
Happy Investing!
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Click company name below for details
Click company name above for details
It been a tough year for the Indian markets with a 19.5% correction in Samvat 2067,
and volumes declining by 40% as the FII outflow for the period stood at Rs (-3) bn. All
of this has lead to our markets trading at trough levels of 13x 1 yr fwd earnings, a
discount of 10% to its past 15 year average.
A series of changes across the globe and in India have led to a fear for investment in
equities and led to a scenario of uncertainty, volatility and currency depreciation. The
higher commodity prices driven by QE2, the Middle East crisis and the pressure on
financials with the debt concerns surrounding European banks have trickled down to
our economy leading to a slower growth rate and higher inflation. What seems like an
over ambitious deficit target, slow execution in India and political instability due to
the recent exposure of scams, we have become more vulnerable to negative news
flows.
However, with the current fear in the market, there lies a ray of hope, with plenty of
stocks with good business ethics, practices and performances being able for a
comparatively cheaper valuation. We have carefully picked up a few stocks, which we
feel confident about & expected them to give good returns over a longer term. These
stocks are our fundamental picks based on structural opportunities or business cycle
reversals. The idea has been to pick stocks with low risk and above average return
potential.
With that we would like to wish you, A very “Pleasant & Safe Deepavali” and a
“Prosperous Samvat 2068”!
Happy Investing!
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