Motilal Oswal - MOSL: Morning India (31/January/18)-1. IOC; 2. Godrej Consumer; 3. ICICI Pru Life; 4. Piramal Enterprises; 5. Bharat Electronics; 6. TVS Motor; 7. Emami; 8. Cholamandalam Inv Fin

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Motilal Oswal

Team Research

MOSL: Morning India (31/January/18)-1. IOC; 2. Godrej Consumer; 3. ICICI Pru Life; 4. Piramal Enterprises; 5. Bharat Electronics; 6. TVS Motor; 7. Emami; 8. Cholamandalam Inv & Fin

MOrning India (31/January/18): 1. IOC; 2. Godrej Consumer; 3. ICICI Pru Life; 4. Piramal Enterprises; 5. Bharat Electronics; 6. TVS Motor; 7. Emami; 8. Cholamandalam Inv & Fin

Today’s top research idea

Chart of the Day: ICICI Prudential Life Insurance: Growth outlook remains strong

We hosted the top management team of ICICI Prudential Life insurance (IPRU) to understand the strategy the company is following in the current phase of healthy industry growth and the opportunities and challenges that lie ahead. Our key takeaways:

Protection business opportunity remains huge
Pricing fears in protection business seem exaggerated
Unit-linked v/s traditional savings products – perception and reality are at two extremes
Improved product proposition and right selling approach will enable further improvement in persistency
Focus on Value of new business
Disclosure levels need to improve to boost investor confidence

Piping hot news

SBI’s deposit rate hike sets stage for rise in interest rates

State Bank of India (SBI) on Tuesday raised rates on bulk deposits by 50-140 basis points, a move that may prompt rival lenders to increase interest rates, given tight liquidity conditions and the expected rise in loan demand. This is the second such rate hike by SBI on deposits over Rs1 crore, usually referred to as bulk deposits, in two months. SBI’s bulk as well as retail term deposit rates range between 5.25% and 6.25%. One basis point is one-hundredth of a percentage point.

31/01/2018 50 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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Analysts

Team Research

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MOSL: Morning India (31/January/18)-1. IOC; 2. Godrej Consumer; 3. ICICI Pru Life; 4. Piramal Enterprises; 5. Bharat Electronics; 6. TVS Motor; 7. Emami; 8. Cholamandalam Inv & Fin

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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