bfsi stocks

SBI, Godrej Consumer top buys post Q4 results; could give 13-17% upside in 1 year

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SBI, Godrej Consumer top buys post Q4 results; could give 13-17% upside in 1 year

The corporate earnings scorecard for 4QFY24 has been in line so far. The earnings spread has been decent, with 70% of our Coverage Universe either meeting or exceeding profit expectations. However, growth has primarily been led by the BFSI and Automobile sectors. The earnings growth was fuelled by the domestic cyclicals, such as BFSI and … Read more

Irrational exuberance! Last lot of new favorite mid, smallcap stocks in dubious category: Kotak Equities

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Irrational exuberance! Last lot of new favorite mid, smallcap stocks in dubious category: Kotak Equities

With midcap and smallcap indices hitting fresh peaks every day, domestic brokerage firm Kotak Institutional Equities today dropped its list of recommended midcap portfolio saying the primary driver of the rally appears to be irrational exuberance among investors. “The last lot of the new favorite mid-and-small-cap. stocks fall in the dubious category of ‘turnaround’ stories. … Read more