Equity Research Analyst - Long-Short

Raj S, CA, CFA

I am Raj - CA and CFA. A Buy-side analyst.

I cover BFSI, Autos, Tech, AI and several other sectors across geographies.
   
I am a CA and CFA, with 10+ years experience in fundamental equity research across buy-side and sell-side and across geographies.

My research process is fundamental driven, focused on the catalysts which would have a direct impact on a stocks performance and market valuation. These days, I look for names which have a clear mis-pricing evident in its valuation vs. fundamental business moats/ growth/ NAV. Fortunately, there are always such stories around. More importantly, the timeline of when the mis-pricing is resolved and what triggers this resolution is what interests me.

Life Insurance of India (LICI IN) 2Q24 Review: Poor Performance; No Signs of Turnaround. Sell.

India Life Insurers: IRDAI Proposes Higher Surrender Values (SBILIFE IN/ HDFCLIFE IN/ IPRU IN/ LICI)

Indian Life Insurance Primer -  April 2024 Update (FY24)

SBI Life: Best Bet to Play the Indian Life Insurance Sector - Initiating Coverage.

Indian Life Insurance (And Savings) Sector Primer - Long-Term Potential and Strong Operating Margins

HDFC Life: 2Q24 Result Update: In-Line on a High Base, HDFC Bank Distribution the Main Positive.

Artoval Advisors

Art’o’val stands for Art of Valuation. Artoval Advisors LLP is a professionally run advisory firm catering to various financial advisory services including Valuation, Investment Research, Training, Accounting, CFO Services and other ancillary services.

We are passionate about what we do and strongly believe in working with our clients as their extended teams. With Artoval Advisors as their trusted partner, our clients find it easy to achieve efficiency in service delivery without compromising on quality.

True Art of Valuation

Equity Bottom-Up

SBI Life Insurance Co Ltd / Equity Bottom-Up

<ul>
<li>We make two arguments in this note (A) Why you should invest in the Indian Life Insurance Sector right now; (B) Why you should start with <a href="https://www.smartkarma.com/entities/sbi-life-insurance-co-ltd" target="_blank" data-smartkarma-citation="entities:25899:1" rel="noopener">SBILIFE</a>  over<a href="https://www.smartkarma.com/entities/hdfc-standard-life-insurance" target="_blank" data-smartkarma-citation="entities:26004:1" rel="noopener"> HDFCLIFE</a>
</li>
<li>Answers (A) The train has left-the-station on the long runway of double-digit growth in the sector; (B) The sector valuations are very reasonable due to short-term pressures, SBIL especially so.</li>
<li>We compare SBILIFE and HDFCL's valuations, and narrow the focus on to One Crucial Factor showcasing the fundamental strength of these businesses.</li>
</ul>


We make two arguments in this note (A) Why you should invest in the Indian Life Insurance Sector right now; (B) Why you should start with SBILIFE  over HDFCLIFE

Answers (A) The train has left-the-station on the long runway of double-digit growth in the sector; (B) The sector valuations are very reasonable due to short-term pressures, SBIL especially so.
We compare SBILIFE and HDFCL's valuations, and narrow the focus on to One Crucial Factor showcasing the fundamental strength of these businesses.


ICICI Prudential Life Insurance (IPRU IN)

HDFCL Vs SBIL: The Low Down on the Best Life Insurance Stocks In India Right Now (+SBIL 2Q24 Review)