MOSL: Morning India (9/August/17)- 1. India Strategy (Rural India: Back on the saddle) 2. Tata Motors 3. Bajaj Auto 4. Dalmia Bharat 5. Jindal Steel & Power 6. Prism Cement
​MOrning India (9/August/17): 1. India Strategy (Rural India: Back on the saddle); 2. Tata Motors; 3. Bajaj Auto; 4. Dalmia Bharat; 5. Jindal Steel & Power; 6. Prism Cement
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India Strategy | Rural India: Back on the saddle; Set for a comeback after three years of hibernation
- ​India’s rural consumption story was stalled for last three years owing to combination of two back to back draughts in 2014 and 2015 coupled with anemic growth in Minimum Support Prices for crops .
- We expect Rural consumption to revive given the confluence of several positives like normal monsoon, higher MSPs, farm loan waivers and higher government spending in rural areas, we believe, rural consumption is poised to make a recovery after remaining in hibernation for last three years.
- Beneficiaries of potential recovery in rural consumption will be spanning sectors like Autos, FMCG, NBFC, Mid-Caps.
- We enlist top eight rural picks to play the potential recovery in rural consumption: M&M, HUL, Colgate, MMFS, Crompton Greaves Consumer, Hero Motors, Manpasand Beverages, Kaveri Seeds. We also highlight five ideas from non-MOSL coverage universe which can be potential beneficiaries of rural pick-up: Jain Irrigation, Rallis India, Heritage Foods, Bajaj Electricals, VST Tillers.
Piping hot news
Shell-shocked companies want regulator to withdraw the circular
- ​Companies that were spooked by the market regulator's order directing the bourses to initiate action against these 'suspected shell entities' asked the Securities and Exchange Board of India to withdraw the order.
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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