Tuesday, 5 July 2016

{LONGTERMINVESTORS} India Daily: Strategy; Change in Reco - Ashok Leyland; Updates - UltraTech Cement, Automobiles, Banks, Energy

 

 

 

Special Reports

Strategy

Strategy: The 'price' trap

l

We hope that central banks' policies will work out eventually but evidence is low

l

We hope that China will manage its issues but we don't know for sure

l

We hope earnings will grow strongly but the Street is already forecasting strong growth

l

We are hopeful about valuations holding up but that's just hope; valuations are rich

Daily Alerts

Change in Reco

Ashok Leyland: Early signs of demand moderation in CVs

l

Early signs of slowdown in domestic MHCV industry volumes

l

We cut our earnings estimates by 11-12% over FY2017-18E

Company alerts

UltraTech Cement: Jaiprakash deal - a step closer

l

Ultratech board approves Jaiprakash deal at a higher consideration

l

MMDR Act amendment - new auction rules to facilitate timely sale process

l

Purchase consideration in redeemable preference shares and debentures

Sector alerts

Automobiles: 1QFY17 quarterly preview

l

Quick summary of our 1QFY17 company-wise expectations

Banks/Financial Institutions: Sequentially better, weak for banks YoY; improving trend for NBFCs

l

Weak revenue growth and high provisions lead to another weak quarter

l

A bit of relief on fresh slippages; provisions to remain high

l

Growth still elusive across banks; retail still driving growth

l

NBFC: A strong quarter for most

Energy: A small step

l

Modest increase in kerosene price - regular increase on a monthly basis will be crucial

l

Government may reduce its share of burden before passing on benefits to companies

l

Upstream stocks are already pricing in a scenario of nil subsidies at crude price of US$53-55/bbl

l

Prefer IOCL among downstream stocks

​ 


--
You received this message because you are subscribed to the Google Groups "LONGTERMINVESTORSRESEARCH" group.
To unsubscribe from this group and stop receiving emails from it, send an email to longterminvestorsresearch+unsubscribe@googlegroups.com.
Visit this group at https://groups.google.com/group/longterminvestorsresearch.
For more options, visit https://groups.google.com/d/optout.

No comments:

Post a Comment