Motilal Oswal - MOSL: Morning India (16/January/18)-1. India Strategy (Contrarian Investing) - 2. Auto - 3. IDFC Bank; 4. Federal Bank; 5. Delta Corp.; 6. Metals Weekly

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Motilal Oswal

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MOSL: Morning India (16/January/18)-1. India Strategy (Contrarian Investing) - 2. Auto - 3. IDFC Bank; 4. Federal Bank; 5. Delta Corp.; 6. Metals Weekly

MOrning India (16/January/18): 1. India Strategy (Contrarian Investing); 2. Auto; 3. IDFC Bank; 4. Federal Bank; 5. Delta Corp.; 6. Metals Weekly

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 2017 gives a detailed account of the subject matter. In this note, we have reviewed the performance of our strategies in the 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 best.
Low PE stocks delivered the worst returns, whereas high PE quintile delivered the best returns, contrary to the outperformance of low PE stocks over other quintiles in the last decade.
Net Sell to Net Buy stocks for 3QFY18: Stocks that satisfy this criterion for 3QFY18 are Jet Airways, Marico, PNB, United Spirits, and Dr Reddy’s.
Contrarian BUYs: Lupin, Hero Motors, Nestle, HPCL, Sun Pharma
Contrarian SELLs: KMB, Ultratech Cement, JSTL, GAIL and Baja Finance

Piping hot news

Bank of India postpones INR 3,000 crore QIP plan

State-owned Bank of India (BoI) has deferred the INR3,000-crore capital raising plan through private placement of equity shares after the government's move to infuse INR 2,257 crore capital into it.

16/01/2018 30 EN

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Motilal Oswal

Motilal Oswal Financial Services Ltd. is a reputed name in Financial Services and Online Trading with group companies providing services such as Private Wealth Management, Retail Broking and Distribution, Institutional Broking, Asset Management, Investment Banking, Private Equity, Commodity Broking, Currency Broking, Principal Strategies & Home Finance.

Motilal Oswal Securities is a group company of Motilal Oswal Financial Service Limited which started as a stock trading company and has blossomed into well diversified firm offering a range of financial products and services. Motilal Oswal has built a reputation as the source for best stock trading company and this has taken a wealth of experience, knowledge and expertise, constantly working in tandem, over the years.

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MOSL: Morning India (16/January/18)-1. India Strategy (Contrarian Investing) - 2. Auto - 3. IDFC Bank; 4. Federal Bank; 5. Delta Corp.; 6. Metals Weekly

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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