Sr Research Analyst,. tracks BFSI at CNBC TV 18. Sell side analyst earlier. Views r personal. RT aren't endorsements. Comments aren't recommendations. F1 fan.
[email protected] @CNBCTV18News Promoter group's (Gautam S Adani / Rajesh S Adani (on behalf of S.B. Adani Family Trust)) 1.61 cr pledged shares get revoked of #AdaniTransmission This forms 2.59% of promoter holding
Elara on #Auto Sector Volume to dip further in FY21E EPS cut by ~19-47% in FY22E Upgrade @bajaj_ltd & Eicher Motors to Accumulate from Sell Top picks: @Maruti_Corp & @HeroMotoCorp Industry CAGR of -3% to -13% over FY19-22E Reverse DCF reveals pessimistic long-term growth 4 stocks
[email protected] @CNBCTV18Live #IndiaVix declines to 53%
My personal view listening to concall of Bajaj Fin & M&M Fin Both vetted on rural distress being lower; better recovery from rural Provisions to increase massively View Bajaj Fin mgt's scenarios were quite surprising on -ve front Mgt never sounded like this b4 on their biz
Risk-driven business – BAJAJ FINANCE 65-67% of customers are salaried & rest are self employed Home loan clients are only salaried clients LAP is given to self employed with avg exposure of Rs65 lakhs Situation is fluid Customer is in a state of shock Impact is brutal
[email protected] @CNBCTV18News @ibhomeloans ICRA has reaffirmed the long-term rating of IBHFL to “ICRA AA” [Outlook: -ve] The short-term rating has been reaffirmed at “ICRA A1+” IBHFL has withdrawn its petition against ICRA from the Delhi High Court.
When I was a sell side analyst: In allahabad bank's analyst meet, who so ever the MD & CEO was, would be showered with bouquets! Its MD & CEO always got state guest house in UP.. Trust me, that's a big recognition/feat for a bank's MD & CEO! Now, its got merged with Indian Bank!
Manisha Gupta informs: Crude oil has its best day in history US Crude settled up 25% , hit intraday up by 41% Brent crude prices 18% to settle up at $29.14/barrel Road ahead: Saudi Arab calls for urgent meeting between OPEC & Allies US President to meet US oil executives today
1st hand experience of #DMART Amazing cleanliness & maintenance by the employees Ltd stocks, declining rapidly & no offers People are queuing up from 5am; for shopping at 8am Reminded of the tatkal tickets b4 IRCTC! Post 8.30am, ques will get token, come back after 2hrs!
[email protected] @KotakBankLtd Concall Some customers shifted from YES Bank to Kotak Mah Bank Seen decent increase in saving deposits, marginal increase in current deposit & just stable term deposits Didn't have too much of govt deposits; not seen significant movement there
[email protected] @CNBCTV18News @MyIndusIndBank in a press release on 17th Mar'20 said they have lost about 2% of deposits CRISIL had re-affirmed their credit rating on 27th Mar'20 Today, i.e. 30th March'20, in their PPT released, they mentioned they have lost 10-11% of deposits!
Developer segment: building activities have stopped There will be delay in building completion (construction) Don’t expect challenge in NBFC business Well collaterised with gold loan NBFCs Renewable projects have good sponsors Hotels & service industry: Impact could be material
#MuthootFinance to CNBCTV18 All 5000 branches are shut There is no activity at branch level Gold reserves is there with the co., therefore business remains valid Can give little more time to customers to repay their loans Avg ticket size is `40000-`45000 only
[email protected] Fitch Downgrades 3 Indian NBFC's, Outlook On -ve Watch; 4th on -ve Watch @STFCconnect & #MuthootFin to BB from BB+ @IIFLCorporate to B+ from BB- All ratings placed on Rating Watch Negative (RWN) Placed @ManappuramMAFIL on RWN with rating of BB- on Long-Term IDR
[email protected] @CNBCTV18News @RBI cuts repo rate by 75bps to 4.4%
[email protected] The relief package for the poor people forms 1.22% of India's Jan'20 GDP
[email protected] @CNBCTV18News #RelianceInd block trade Buyer Samarjit Enterprise LLP Seller Devarshi Commercial LLP
[email protected] @CNBCTV18News #RadhakishanDamani buys 16 lakh shares of #INDIACEM at `94.97 per share; an invt of `15.2 cr
[email protected] @CNBCTV18Live #IndiaVix declines to 77.3% vs high of 85.39% yesterday
[email protected] Insider Trades Promoter buy Ravi K Sheth buys 1.46 lk shares of great eastern shipping Perpetual Global Tech buys 3.22 cr shares of polygenta MAP Auto buys 1.28 lk shares of Jamna Auto Inds