Stock to Buy Today- SBI
MO Investment Idea – SBI (CMP : INR 612 TP : INR 700, 14% Upside, Buy) SBI delivered robust Q2 with PAT up 74% YoY to Rs13265 crore led by margin expansion and lower provisions. NII grew 13% YoY as…
Bank Nifty Index
What is Bank Nifty? Nifty Bank, or Bank Nifty, is an index comprised of the most liquid and large capitalized Indian banking stocks. It provides investors with a benchmark that captures the capital market performance of Indian bank stocks. The…
Stock to Buy Today- Axis Bank
MO Investment Idea – Axis Bank (CMP : INR826 TP : INR975, 18% Upside, Buy) Axis Bank delivered a stellar performance in 2QFY23, driven by margin expansion and a significant decline in provisions along with improving trends in cost metrics.…
Stock to Buy Today- ICICI Lombard
Investment Idea – ICICI Lombard (CMP: INR1195 TP: INR1500, 26% Upside, Buy) ICICIGI is focused to capitalize on the fast-growing general insurance industry, through tech-driven disruptions. Post-merger with Bharti AXA, it has emerged as the largest Pvt. player. Its core…
Stock to Buy Today- Hindustan Unilever
Investment Idea – Hindustan Unilever (CMP: INR2624 TP: INR3000, 14% Upside, Buy) HUL is seeing signs of earnings growth recovery, fuelled by the normal monsoon, fertilizer subsidy, and gradual reduction in commodity costs from the decadal high levels and recovery…
HDFC Bank- Stock to Buy Today
High Conviction Investment Idea – HDFC Bank (CMP: INR1503 TP: INR1800, 20% Upside, Buy). HDFC Bank’s credit demand is likely to remain healthy and broad-based, led by its focus across segments such as Retail/Wholesale, with Commercial/Rural Banking growing at…
Retail – Footwear Buy Campus (TP: Rs.640), Metro (TP: Rs.1000) and Neutral Bata (TP: Rs.1925), Relaxo (TP: 1020)
The INR960b Indian Footwear market (FY20), is witnessing a unique transformation over the last few years. India’s young populace with high aspirations and an improved fashion quotient is driving demand, especially for Casual, Athleisure, Sneakers, and Women’s footwear. Over 1/3rd is…