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Showing posts from March, 2020

Crown Jewels to deliver superb returns

In the current sate of nervousness, one has to have faith in their portfolio and ignore the swirling of the markets. The best course of action is to take advantage of irrational market behavior. Consider this period as a deep discount sale where crown jewels are being sold for pennies. Following are the crown jewels which can deliver superb returns for your Portfolio: ICICI Bank ·       ICICI Bank has one of the strongest deposit franchise amongst private banks with a CASA of 47% (43% on average basis) and one of the highest PCR amongst leading banks. ·        We believe the bank is well placed in a challenging environment with its limited exposure to the newly surfaced stressed names and one of the highest provisioning coverage in the banking sector. ·     The impact of Corona Virus on to the broader economy does pose a risk to the banking system but ICICI has one of the lowest exposure to SME segment which...

Lessons for Life & Investment

Be Humble: Don’t Let Success Go to Your Head. The simple truth is that not everyone treat success the same. Some people who achieve success remain humble, never forgetting who they are and from whence they came. The others? Well, we can learn from their mistakes. Success is temporary: Success is a journey, not a destination. When you become successful, don’t rest on your laurels. As soon as you take your eye off the ball, you risk losing your edge. Stop feeding your ego: Don’t isolate yourself from reality by building relationships with people who stroke your ego. Surrounding yourself with “yes people” is just like talking to yourself. Compete against yourself: When you compete against others, it’s easy to emphasize winning over self-improvement. However, when you compete against yourself, you both win. Even experts have room to learn: Never stop growing. Know your limitations and admit when you don’t know something. It’ll help to keep you gr...

Finvestedge Weekly Market Insights

v   APM Industries has consistently posted good results over the last few quarters. A promoter holding of 64% and a P/BV of just 0.3x makes it an attractive buy. v   PVC films manufacturer, Caprihans India, is on an expansion spree. Its prospects appear bright. Buy for the long term. v   RBI gives a clean chit to Indiabulls Housing Finance. The pending High Court case is also likely to absolve the company. A big buy! v   PNB Housing Finance plans to raise up to Rs.1700 crore via QIP to meet is on-going business requirements. A positive for the company. Accumulate. v   Pfizer’s parent company could be the first to launch some antiviral compounds to inhibit the coronavirus. A big positive for the company. Accumulate. v   ONGC has fallen below Rs.90 in view of excess supplies and curtailment on usage. A good time to accumulate this oil & gas giant. v   Volumes spurt in the V-Mart Retail counter on news of 3 new stores an...