India Equity Strategy: Banks continue to lead the pack; profitability improves for most sectors
Our coverage universe saw strong YoY revenue growth in auto, lending financials, industrials, IT, cement and power sectors
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India Equity Strategy - Banks Continue to Lead the Pack; Profitability Improves for Most Sectors
Q4FY23 earnings season saw an overall in-line performance, with wide divergences across sectors and companies. Aggregate revenue/PAT grew by 13%/9%...
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Jio Credit’s ₹18,268 Crore BofA Deal: The Shortcut to ₹1 Lakh+ Crore Loan Book
Bank of America to invest INR 18,268 crore in Jio Credit for 49.9% stake, boosting lending capacity and AUM significantly.
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HSIE Results Daily: Bajaj Finance, Maruti Suzuki, SBI Life Insurance
Bajaj Finance: Bajaj Finance (BAF) delivered yet another strong operating performance with RoA at over 5% and earnings growth of 30% YoY, despite a...
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Aequitas: NSE Pre-IPO - Thoughts on Valuations
National Stock Exchange (NSEIN IN) is looking to raise upto US$2.5bn in its India IPO. In this note, we talk about valuations.
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