Buying Global Financials & Autos/Auto Parts
Global automobile stocks display bullish price and RS inflections with many breaking out to new highs. Financials are attractive globally, ranging...
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FSN E-Commerce (Nykaa) IPO - Beauty Showing Signs of Improvement but Its Too Expensive for Our Taste
FSN E-commerce (Nykaa) aims to raise around US$720m in its Indian IPO. In this note, we will look at the recent updates and valuation.
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Kotak Mahindra Bank – Watch Your Costs Too
KOTAK MAHINDRA BANK: KMB reported a QOQ FY 2Q22 operating result increase of 12.1%, driven by an unnecessary 40% reduction in provisions. Stressed...
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PB Fintech (Policybazaar) Pre-IPO - The Negatives - Patchy Data, Strategy Missteps
PB Fintech (PBF), India’s largest online platform for insurance and lending products, aims to raise up to US$800m via selling a mix of primary and...
133 Views
LIC Housing Finance – No NCOs Whatsoever?
LIC HOUSING: LIC reported a QOQ FY 2Q22 bottom-line increase of 61.6%, driven by a loss provision cut. Oddly, LIC had zero NCOs and negative loan...
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