Date: 06 Feb 2023 Stocks: General market trend Details: The market situation is not in favor of an up move. FII sold 41000 Cr in January Quarterly numbers are week Adani Fiasco Be stock specific. Sell on the rise. Keep cash handy.More
06 Feb 2023 Mannapuram Finance – Looking Good
Date: 06 Feb 2023 Stocks: Mannapuram Finance Details: Manappuram Finance Upgrade from Phillips Capital n Systematix TP of 150 n 155 Good Q3 aided by non gold biz Asirvad delivers 100cr PBT n similar show to continue 22% capital adequacy-MFI well capitalized Improved asset quality RoA trending higher Q4-good guidance Current Price: 116 Target Price:…More
Contrary to global trend, India’s debt contracts since Q2 2008
Quite contrary to the global trend on #debt, #India has seen its total debt contract, since Q2 2008! Such a good thing that the government did not ‘splurge’ in spending during #COVID.More
Manappuram Finance – Strong Q3FY23 – Bouncing back nicely
Manappuram Finance Strong Q3FY23 Bouncing back nicely Valuations v attractive after 60%+ fall from peak 2nd good qtr in a row Asirvad MFI has 100cr PBT in Q3🔥 Strong collection efficiency Single digit growth in gold AUM PPOP⬆️31% PAT⬆️51% RoE 17.2% RoA 4.2%More
Globus Spirits – Rajasthan IMFL price hike, Target of Rs 3192
Incred says Globus Spirits to benefit by Rajasthan IMFL price hike. To boost EPS by 5% Maintains buy with target of Rs 3192 per share imply 293% Upside !More
HDFC Life – at an important support
HDFC Life – at an important supportMore
Divis Labs – At an important support
Divis Labs At an important support that I believe is difficult to break unless a big negative surprise overnight pops up. This gaps reminds me of the gap of Titan at 700More
Asian Paints – A strong trendline in sight
Asian Paints – A strong trendline in sightMore
Rise of PSU Banks stocks… Is it just the beginning??
PSUBank Index V/S Nifty Monthly Ratio Chart Indicates just a beginning of PSU bank’s OutperformanceMore
NASDAQ – Very brittle scenario
NASDAQ That is the third time Nasdaq has come near its long term support. A very brittle scenario with price making lower highs. Below the support, one wishes not to see the chart…More
My Investment Notes 