Report
Team Research

MOSL: Morning India (24/October/17)-1. Hindustan Zinc.-2. Indiabulls Hsg Fin.-3. Havells India-4. Oil & Gas-5. Automobiles-6. Metals Weekly

​MOrning India (24/October/17): 1. Hindustan Zinc.; 2. Indiabulls Hsg Fin.; 3. Havells India; 4. Oil & Gas; 5. Automobiles; 6. Metals Weekly

Today’s top research idea

  • Indiabulls Housing Finance 2QFY18: Strong growth, Stable performance overall
  • IHFL's transformation from a diversified lender to a focused mortgage player has yielded returns, with RoE/RoA improving from 3%/0.8% in FY09 to 26%/3.4% in FY17.
  • Focus on core mortgage loans and market share gains should drive AUM growth of 25%+ over the next three years.
  • IHFL is among the lowest-levered HFCs. Asset quality trend is likely to remain stable.

Piping hot news

DII holdings in BSE companies at their highest in 25 quarters

  • ​The holdings of domestic mutual funds and insurance companies in India’s largest listed companies rose to their highest level in at least 25 quarters as household savings shifted from gold and real estate to financial assets. At the end of September, domestic institutions held a 10.8% stake in the BSE 500 index, which accounts for at least 90% of India’s market capitalization.


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Motilal Oswal
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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