In today’s briefing:
- HDFC Bank – Rebalancing & MUFG Acquisition Benefit, Ongoing NPL Stability & Profit Strength
- The Beat Ideas- Dollar Industries: A Tech-Driven Transformation in the Innerwear Market
- Morning Views Asia: Road King Infrastructure, Samvardhana Motherson International Ltd
![](http://www.smartkarma.com/assets/plugins/a3-lazy-load/assets/images/lazy_placeholder.gif)
HDFC Bank – Rebalancing & MUFG Acquisition Benefit, Ongoing NPL Stability & Profit Strength
- There is renewed interest in HDFC Bank given potential for stock index re-balancing as well as an acquisition for one of its subsidiaries
- The story with HDFC Bank is strong regardless of these new ancillary positives, where growth is incredibly stable, and credit metrics shine
- We remind that the amalgamation of HDFC Finance remains new, and gains are still not fully reflected, but a look at costs/assets shows progress
The Beat Ideas- Dollar Industries: A Tech-Driven Transformation in the Innerwear Market
- Dollar has 15% market share in the Indian hosiery space with 2,000 products
- Strategically expanding the Distribution network by targeting specific areas with Lakshya
- Integrated value chain from Spinning to stitching to marketing and distribution
Morning Views Asia: Road King Infrastructure, Samvardhana Motherson International Ltd
Lucror Analytics Morning Views comprise our fundamental credit analysis, opinions and trade recommendations on high yield issuers in the region, based on key company-specific developments in the past 24 hours. Our Morning Views include a section with a brief market commentary, key market indicators and a macroeconomic and corporate event calendar.