Motilal Oswal - MOSL: Morning India (31/October/17): 1. EcoScope- 2. Automobile- 3. HDFC- 4. ONGC- 5. IOCL- 6. Bharti Infratel- 7. Tata Steel- 8. Lupin- 9. Bharat Electronics- 10. Marico

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Motilal Oswal

Team Research

MOSL: Morning India (31/October/17): 1. EcoScope- 2. Automobile- 3. HDFC- 4. ONGC- 5. IOCL- 6. Bharti Infratel- 7. Tata Steel- 8. Lupin- 9. Bharat Electronics- 10. Marico

â€‹MOrning India (31/October/17): 1. EcoScope; 2. Automobile; 3. HDFC; 4. ONGC; 5. IOCL; 6. Bharti Infratel; 7. Tata Steel; 8. Lupin; 9. Bharat Electronics; 10. Marico

Todayâ€™s top research idea

HDFC: Uptick in retail lending encouraging

HDFCâ€™s retail loan disbursements have picked up smartly over the past two quarters, post the blip on account of demonetization.

Over the past few quarters, corporate loan growth has also picked up impressively and outpaced retail loan growth. This is beneficial for spreads, especially in this competitive individual home loan environment.

HDFC continues to improve its expense ratio, which directly impacts RoA and RoE. We expect AUM CAGR of ~18% and core PBT CAGR of 15% over FY17-20E.

Piping hot news

SBI extends â‚¹2,317 crore for rooftop solar projects

â€‹State Bank of India (SBI) has sanctioned loans worth â‚¹2,317 crore to rooftop solar power projects for an aggregate capacity of 575 MW to a host of corporate entities including the Adani Group, JSW Energy, Tata Renewable Energy among othersâ€¦

31/10/2017 52 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 (31/October/17): 1. EcoScope- 2. Automobile- 3. HDFC- 4. ONGC- 5. IOCL- 6. Bharti Infratel- 7. Tata Steel- 8. Lupin- 9. Bharat Electronics- 10. Marico

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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