Punit Jain is a SEBI-registed Research Analyst (SEBI Registration No. INH200002747) focusing on Indian equities. He has founded JainMatrix Investments. After about 19 years of working in other sectors, he started JainMatrix Investments to focus on equity (fundamental) research and advisory services. Over the last 3 years JainMatrix's Model Portfolios have performed very well, better than comparable indices and most equity products. JainMatrix Investments can be reached at www.jainmatrix.com.
The economy has seen financial events such as demonetization, RERA implementation, GST and a crackdown on black money and shell companies. All these have rekindled interest in financial assets as compared to real estate and gold which were the most popular earlier.
Varroc has a global footprint of 36 mfg. facilities spread in7 countries, with 6 facilities for the VLS, 25 for their India Business and 5 for others. In FY18, their largest customercontributed 18.6% of their revenue and their top 5 customers contributed 59.9%of revenue.
Tourism in India accounts for 9.6% of GDP and is the 3rd largest forex earner. It is a high potential, sunrise sectorwith a multiplier effect on transportation, hotels and exports.
The development of any nation depends on transportation networks, and this is applicable to India with its varied terrain ranging from mountains to plains to coast. Transportation includes Roads, Railways, Airlines and Shipping, however in this note we will focus on Roads.
Microfinance sector carries out the critical role of financial services penetration into rural India. MFI’s have been operationally under stress since 2017 due to demonetization and GST rollout.
HGI has an impressive last 5 years performance where it has emerged as a rising star. Good track record, robust financial performance, sectoral tailwinds and an experienced management team makes this IPO attractive. Subscribe.
This ETF is set to create good value for the investor as profit making PSUs, PSUs undergoing reforms and private sector firms have been bundled together. ETFs are also advantageous in terms of management costs & liquidity. Also with the discounts given in BH22, we feel that this is a good long term buy for low risk equity investor and is comparable to the Balanced MFs.
This ETF is set to create good value for the investor as profit making PSUs, PSUs undergoing reforms and private sector firms have been bundled together. Given the advantage of an ETF in terms of cost & liquidity along with the discounts given by the GoI, we feel that the BH22 ETF is a good long term buy for value conscious investors.
The management is planning to expand faster using the franchise model. FY17 was flat financially on account of demonization led disruption and higher expenses. The margins and volumes are both likely to improve this year on account of reduced interest & tax costs, introduction of more value added products and a favorable macro environment.
Reliance Mutual Fund is a top brand of 22 years vintage. RNAMC has a strong presence across Indiawith subsidiaries in Singapore and Mauritius. As a first AMC firm in India to list, there will be a scarcity premium to this IPO offering.