External broker reports(aggregated public sources), HDFC Securities

HDFC Securities

External broker reports(aggregated public sources)

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

SBI (State Bank of India) / Equity Bottom-Up

<ul><li>State Bank of India’s (SBIN) FY24 annual report offers incremental insights on its sector leadership across asset classes, key catalysts driving its superior asset quality, competitive edge in sourcing, improving digital stack (YONO), an unparalleled lean distribution model, and a potent combination of cross-sell focus and competencies</li><li>While asset quality continued to stay benign, we argue that SBIN needs to further build its provision buffer (PCR at 75%), given a low margin of safety on account of higher mix of ageing GNPAs</li><li>While SBIN has been able to improve its capital buffer via internal accruals, the bank needs to evaluate fundraising alternatives in the medium-term to meet its growth guidance (~13-15% for FY25)</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

State Bank of India’s (SBIN) FY24 annual report offers incremental insights on its sector leadership across asset classes, key catalysts driving its superior asset quality, competitive edge in sourcing, improving digital stack (YONO), an unparalleled lean distribution model, and a potent combination of cross-sell focus and competenciesWhile asset quality continued to stay benign, we argue that SBIN needs to further build its provision buffer (PCR at 75%), given a low margin of safety on account of higher mix of ageing GNPAsWhile SBIN has been able to improve its capital buffer via internal accruals, the bank needs to evaluate fundraising alternatives in the medium-term to meet its growth guidance (~13-15% for FY25)Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

State Bank of India - Sustained Sector Leadership in a Benign Environment

India Equity Analyst - Fundamental & Thematic, Beat the Street

Sudarshan Bhandari

India Equity Analyst - Fundamental & Thematic

Beat the Street

Beat The Street was founded by Nimish Maheshwari and Sudarshan Bhandari, both of whom are Chartered Accountants by Profession, known for their expert analysis in the fields of Business, Sectoral analysis, and Corporate governance.

With a strong social media presence of 45,000+ Subscribers across various platforms, they are considered trusted voices in the industry. Their insights and analysis have been featured in some of India’s most prominent publications, including the Economic Times, Dalal Street Investment Journal, The Morning Context, and The Ken.

Their analysis on Bankrupt & Insolvent companies has been instrumental in saving investors from significant losses. They have a keen eye for identifying red flags and has identified exclusive redflags earlier in Vedanta, Nykaa, Dhani Services, Adani and many more.

Read Business Not Stock Prices

Thematic (Sector/Industry)

<ul>
<li>What will be implication in case of weaker Modi &amp; BJP mandate?</li>
<li>Public Sector and State-Owned Bank Shares Plunge whole day after poor BJP tally during counting.</li>
<li>Improvement in <a href="https://www.smartkarma.com/entities/tata-steel-ltd" target="_blank" data-smartkarma-citation="entities:20934:1" rel="noopener">Tata Steel Ltd (TATA IN)</a>'s credit profile by FY25 and Higher RoCE for <a href="https://www.smartkarma.com/entities/bharti-airtel-ltd" target="_blank" data-smartkarma-citation="entities:953:1" rel="noopener">Bharti Airtel (BHARTI IN)</a> and <a href="https://www.smartkarma.com/entities/reliance-industries-ltd" target="_blank" data-smartkarma-citation="entities:198:1" rel="noopener">Reliance Industries (RIL IN)</a> </li>
</ul>


What will be implication in case of weaker Modi &amp; BJP mandate?
Public Sector and State-Owned Bank Shares Plunge whole day after poor BJP tally during counting.
Improvement in Tata Steel Ltd (TATA IN)'s credit profile by FY25 and Higher RoCE for Bharti Airtel (BHARTI IN) and Reliance Industries (RIL IN) 


#7 India Insights: Weaker Modi Mandate, Plunging PSUs, Tata Steel Credit Profile, Reliance, Airtel

External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

<ul><li>The Axis Top Picks Basket delivered an excellent return of 5.4% in the last three months against the 2.5% return posted by Nifty 50, thereby beating the benchmark by a wide margin of 2.9%.</li><li>Over the last one year, the basket has gained 43.2%.</li><li>Moreover, it gives us immense joy to inform you that our Top Picks Basket has delivered an impressive return of 284% since its inception (May’20), which stands well above the 143% return delivered by the NIFTY 50 index over the same period. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

The Axis Top Picks Basket delivered an excellent return of 5.4% in the last three months against the 2.5% return posted by Nifty 50, thereby beating the benchmark by a wide margin of 2.9%.Over the last one year, the basket has gained 43.2%.Moreover, it gives us immense joy to inform you that our Top Picks Basket has delivered an impressive return of 284% since its inception (May’20), which stands well above the 143% return delivered by the NIFTY 50 index over the same period. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Axis Top Picks for the Month of June 2024

Cross Asset Strategy

<ul><li>The results of the Current Loksabha elections are due on 4th Jun’24.</li><li>Exit polls published after the last phase of voting on 1st Jun’24 unanimously predicted the clear majority for the ruling party NDA and forecast the third term for PM Modi.</li><li>The average of all the Exit polls forecast 370+ seats for the ruling party NDA. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

The results of the Current Loksabha elections are due on 4th Jun’24.Exit polls published after the last phase of voting on 1st Jun’24 unanimously predicted the clear majority for the ruling party NDA and forecast the third term for PM Modi.The average of all the Exit polls forecast 370+ seats for the ruling party NDA. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Equity Investment Strategy - “Feel Good” Factor on Expectations of Policy Continuity"

Product Marketing Manager, Criat

Raghav Chandra Mathur

Product Marketing Manager

Next-Generation Credit Analytics Provider

Criat

Criat specializes in new-generation data-driven credit analytics. Leveraging our industry-leading DeepCredit analytical technologies, we produce daily-updated forward-looking credit assessment and valuation to help financial institutions stay ahead of risks. Coupled with use-case-driven applications, we extract insights, answer questions and enable smarter credit decisions.

<ul><li>Indian credit markets have been growing rapidly, with banks and non-bank financial institutions increasingly lending and servicing retail clients to meet the growing demand for retail loans from a population that has recovered strongly post Covid-19 pandemic.</li><li>Indian financial institutions are filling the retail financing gap so fast that the Reserve Bank of India (RBI), India’s central bank, has had to introduce new regulation to maintain financial stability in the Indian banking system. However, improvement in underlying fundamentals and roaring capital markets are driving large increases in bank balance sheets and valuations respectively.</li><li>Criat’s Credit Cycle Index (Criat CCI) for Indian banks has steadily improved more than 15bps since the middle of 2023, as the NIFTY Bank index reached new highs of INR 49,000.</li></ul>

Indian credit markets have been growing rapidly, with banks and non-bank financial institutions increasingly lending and servicing retail clients to meet the growing demand for retail loans from a population that has recovered strongly post Covid-19 pandemic.Indian financial institutions are filling the retail financing gap so fast that the Reserve Bank of India (RBI), India’s central bank, has had to introduce new regulation to maintain financial stability in the Indian banking system. However, improvement in underlying fundamentals and roaring capital markets are driving large increases in bank balance sheets and valuations respectively.Criat’s Credit Cycle Index (Criat CCI) for Indian banks has steadily improved more than 15bps since the middle of 2023, as the NIFTY Bank index reached new highs of INR 49,000.

Rampant Credit Growth Drives Recovery in Indian Banks Despite Lagging Deposit Growth

India

State Bank of India provides a wide range of banking and financial services to corporate, institutional, commercial, agricultural, industrial and individual customers throughout India.  The Bank also provides international banking to its Indian customers and has operations in other countries.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

SBI (State Bank of India) (SBIN IN)

State Bank of India - Sustained Sector Leadership in a Benign Environment

While SBIN has been able to improve its capital buffer via internal accruals, the bank needs to evaluate fundraising alternatives in the medium...

HDFC Securities

#7 India Insights: Weaker Modi Mandate, Plunging PSUs, Tata Steel Credit Profile, Reliance, Airtel

Weaker Modi & BJP mandate leads to plunge in PSUs and state-owned bank shares, while Tata Steel, Bharti Airtel, and Reliance Industries see credit...

Sudarshan Bhandari

Axis Top Picks for the Month of June 2024

The Axis Top Picks Basket delivered an excellent return of 5.4% in the last three months against the 2.5% return posted by Nifty 50, thereby...

Axis Direct

Equity Investment Strategy - “Feel Good” Factor on Expectations of Policy Continuity"

Exit polls published after the last phase of voting on 1st Jun’24 unanimously predicted the clear majority for the ruling party NDA and forecast...

Axis Direct

Rampant Credit Growth Drives Recovery in Indian Banks Despite Lagging Deposit Growth

Indian credit markets have been growing rapidly, with banks and non-bank financial institutions increasingly lending and servicing retail clients...

Criat

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

State Bank of India - Sustained Sector Leadership in a Benign Environment

While SBIN has been able to improve its capital buffer via internal accruals, the bank needs to evaluate fundraising alternatives in the medium...

HDFC Securities

#7 India Insights: Weaker Modi Mandate, Plunging PSUs, Tata Steel Credit Profile, Reliance, Airtel

​Weaker Modi & BJP mandate leads to plunge in PSUs and state-owned bank shares, while Tata Steel, Bharti Airtel, and Reliance Industries see credit...

Sudarshan Bhandari

Axis Top Picks for the Month of June 2024

The Axis Top Picks Basket delivered an excellent return of 5.4% in the last three months against the 2.5% return posted by Nifty 50, thereby...

Axis Direct

Equity Investment Strategy - “Feel Good” Factor on Expectations of Policy Continuity"

Exit polls published after the last phase of voting on 1st Jun’24 unanimously predicted the clear majority for the ruling party NDA and forecast...

Axis Direct

Rampant Credit Growth Drives Recovery in Indian Banks Despite Lagging Deposit Growth

Indian credit markets have been growing rapidly, with banks and non-bank financial institutions increasingly lending and servicing retail clients...

Criat

Weaker Modi & BJP mandate leads to plunge in PSUs and state-owned bank shares, while Tata Steel, Bharti Airtel, and Reliance Industries see credit...