With signs of loan growth picking up in the Indian banking sector, investors are looking for guidance on potential winners. Market expert Sandip Sabharwal shared his views on banks, infrastructure, hospitality and IPOs with ET Now. Banking Picks: ICICI, Axis, Kotak LeadOn bank stocks, Sabharwal said, “Among large banks, we own ICICI, Axis, and some … Read more
Tata Motors has been under the spotlight in recent weeks after a major cyber attack impacted its Jaguar Land Rover (JLR) operations. The development raised concerns over the company’s near-term prospects, but market expert Sandip Sabharwal believes the situation may not be as alarming as it initially seemed. “No, not really. Because what happened was … Read more
“I think this sale also is likely to be that of Reliance which was left off last week. Now they do not get 2200 crores, they get overall I think around 10,000 odd crores and they have huge debt so they can just use it to repay the debt. And in terms of news flow, … Read more
“I think most of the MFI-focused companies are trading at somewhat distressed valuations. And there were two comments, specifically, one that the RBI has clearly stated that they see easing stress on the unsecured loan book, so that is overall good for the financial sector, especially for NBFC and more specifically for MFIs,” says Sandip … Read more
“On the commercial vehicle side, the cycle has been on a moderate growth cycle or a downturn sort of. Now, in the coming year the possibility of a positive surprise, I would say, is greater than that of negative surprise because one, as economic growth picks up, interest rates move down, it will definitely generate … Read more
“On the US tax changes and all, the only thing which should bother Indians is the remittance tax which has been proposed, which could hurt the flow of remittances to some extent and increase the cost for the Indian diaspora staying in US, so that is something which will be a small concern, ex of … Read more
“If people need to invest, DLF seems to be better placed vis-à-vis the other companies on a valuation as well as risk-return perspective. But overall, my view is that real estate after the sharp run-up needs to consolidate for some more time,” says Sandip Sabharwal, asksandipsabharwal.com.Give us a sense of where you see the markets … Read more
“Pace of recovery will depend on the pace at which profitability sustains and stabilises and volumes improve. But on risk-reward now after a period of three-four years we are now coming to a stage where as a contrarian investor one could start evaluating investing in this stock,” says Sandip Sabharwal, asksandipsabharwal.com. Let me just talk … Read more
“Kotak as all of us know used to trade at price to book of six times five years back which was quite obnoxious. It has come down to two times which is reasonable, like in line,” says Sandip Sabharwal, asksandipsabharwal.com. As we walk into trade this morning, there is a lot of news flow. Let … Read more
“The impact of that should be felt on demand and these stocks have fallen. The auto stocks have fallen reasonably, especially two wheelers and Bajaj Auto,” says Sandip Sabharwal, asksandipsabharwal.com. I wanted your view actually on Mahindra & Mahindra. The fact that they are expanding their portfolio as well with this sort of an acquisition … Read more