Motilal Oswal - MOSL: Morning India (12/April/18): 1. India Strategy: Contrarian Investing â€“ Quarterly Update; 2. Oil Gas; 3. The Corner Office: Jyothy Labs; 4. Tata Motors; 5. 4QFY18 Preview: Automobile

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Motilal Oswal

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MOSL: Morning India (12/April/18): 1. India Strategy: Contrarian Investing â€“ Quarterly Update; 2. Oil & Gas; 3. The Corner Office: Jyothy Labs; 4. Tata Motors; 5. 4QFY18 Preview: Automobile

MOrning India (12/April/18): 1. India Strategy: Contrarian Investing – Quarterly Update; 2. Oil & Gas; 3. The Corner Office: Jyothy Labs; 4. Tata Motors; 5. 4QFY18 Preview: Automobile

Today’s top research theme

India Strategy: Contrarian Investing – Quarterly Update; A review of our contrarian investment strategies

Our thematic strategy note on Contrarian investing, published in June’17 gives a detailed account of the subject matter. In this note we have reviewed the performance of our strategies in last quarter:

Neutral to moderately popular stocks as well as the most popular stocks failed to beat the benchmark. On the other hand, the least popular stocks performed the worst.
Low PE stocks as well as High PE stocks failed to beat the benchmark. Q4 (with the second lowest PE stocks) delivered the best returns.
Biocon exits from our “Net sell to Net buy” list delivering a return of 82.5% over Jan17-18.
Net Sell to Net Buy stocks for 4QFY18: TCS.
Contrarian BUYs: Hero Motors, Tech Mahindra, LICHF, HPCL and NMDC
Contrarian SELLs: Tata Motors, HCL Tech, Ultratech Cement, JSTL, and Zee Entertainment.

Piping hot news

India to grow 7.3% this fiscal, 7.6% in next: ADB

Reversing two years of declining growth, Indian economy is set to expand 7.3 per cent in 2018-19 and 7.6 per cent in 2019-20, aided by various growth oriented new policy measures, says a new Asian Development Bank (ADB) report. In its latest Asian Development Outlook (ADO) 2018 report, the Manila-based Bank said that dip in GDP growth to 6.6 per cent in 2017-18 was driven in part by lingering effects of demonetisation, which impacted the informal sector in the first half of 2017-18.

12/04/2018 30 EN

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MOSL: Morning India (12/April/18): 1. India Strategy: Contrarian Investing â€“ Quarterly Update; 2. Oil & Gas; 3. The Corner Office: Jyothy Labs; 4. Tata Motors; 5. 4QFY18 Preview: Automobile

MOSL : HOME FIRST FINANCE COMPANY: Earnings in-line with sustained improvement in asset quality

MOSL : SHOPPERS STOP: Ticking the right boxes

MOSL : ERIS LIFESCIENCES: Enhanced efforts toward product launch-related activities

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