INSUBCONTINENT EXCLUSIVE:
The majority of the flows into Indian stocks from foreign investors (FPIs) of over Rs 1 lakh crore in 2019 came into the top-performing
Some of the flows have also trickled into mid- and small-cap stocks in this period
ET has compiled 10 smaller stocks in which FPIs have raised their stakes consistently in 2019
year.
SHRIRAM TRANSPORTAt current market price, the stock is attractively priced trading at 1.2 times FY21 estimated book value, according
to Rahul Pandey, analyst, Karvy Stock Broking
Securities, the stock is valued at Rs 376, assigning a price to adjusted book value of 1.2 times its FY21estimated numbers
Although growth in the overseas businesses has slowed, overall revenue and earnings growth remain strong
analyst, Edelweiss Securities.
EQUITAS HOLDINGWith visible ROE expansion to 16.4 per cent in FY21 on the back of strong AUM growth and lower
Bang.
BAJAJ CONSUMERWith the pledging overhang behind, valuation at 16x PE looks appealing for the analysts who see gradual rerating in the
Housing trades at 0.7 times FY21 price to adjusted book value as against its five-year historical average of 1.8x on a 1-year forward basis
ramp-up in new hospitals resulting in operating leverage playing out, analyst expect adjusted EBITDA margin to expand by 140 bps over
such as the mutual fund platform, commodities and INX over and above the value of its core segment
holding company discount at Rs 100 per share, owned unencumbered cash of Rs 300 per share and float income from encumbered/margin money at
taking exposure to IDFC can provide better returns than buying IDFC First Bank, valuation-wise even after factoring-in 30 per cent holding
