Angel Broking Top picks

Angel Broking Top picks

Top Picks

AngelTopPicks_ September_2018

Market continue to rebound in the month of August after posting couple of subdued months till July. Overall, BSE 100 benchmark returns have perked upto 14.5% in the past 1 year. We have added 3 new stocks in the month of August namely- TTK Prestige, Inox Wind and Ashok Leyland while we booked out one stock- matrimony.com. Overall, our top..

Aug 20th 2018

Inox Wind Ltd

Outlook & Valuation: We expect Inox Wind to report exponential growth in top-line and bottom-line over FY2019-20E. The growth would be led by changing renewable energy industry dynamics in favor of wind energy segment viz. changes in auction regime from Feed-In-Tariff (FIT) to reverse auction regime and Government’s guidance for incre..

Market have rebounded in the month of July after posting couple of subdued months. Overall, BSE 100 benchmark returns have perked up to 11.5% in the past 1 year. After adding 8 new stocks in the month of June, we haven’t added any new stocks in the month of July. Overall, our top picks have generated a total return of 70% since inception ..

Market have largely remained flat in the month of June as global trade fear continued to linger. Overall, BSE 100 benchmark returns have cooled off to 10% in the past 1 year. We have added 8 new stocks in the top picks – Bata, JSPL, Amber, Shriram Transport, RBL bank, Aurobindo Pharma, Yes bank and GMM Pfaudler in our top pick as the rece..

JSPL is currently placed at an inflection point where it is witnessing positive changes like (a) end of capex cycle and equipped with fully operational Angul plant with 5 MTPA capacity, (b) increasing demand of power going forward with expectation of signing new PPA at JPL, (c) monetization of few assets like disinvestment of Tamnar- (EU..

Market succumbed to various fears like poor coporate earnings, rising crude oil prices, globar trade war and lost 2.4% in the month of May after a 5% gain posted in April. Overall, BSE 100 benchmark returns have cooled off to 10% in the past 1 year. Q4 earnings of Nifty 50 companies were down by ~9 % yoy mainly due to disappointment from ..

Market succumbed to various fears like poor coporate earnings, rising crude oil prices, globar trade war and lost 2.4% in the month of May after a 5% gain posted in April. Overall, BSE 200 benchmark returns have now come down to 9% in the past 1 year. Q4 earnings of Nifty 50 companies were down by ~9 % yoy mainly due to disappointment fro..

Market broke from the falling streak in the month of April and recovered 5% that it had lost since the beginning of the year. Overall, BSE 200 benchmark returns have been decent 15% in the past 1 year. Now, the focus has turned on Q4 earnings and the growth in earnings ( amid good monsoon forecast) is slated to revive in coming financial ..

Market continued to fall for the second consecutive month ( YTD return (-)5%) in the month of March amid various macro concerns like rising US bonds yield and oil prices etc. Further, LTCG concerns also led to profit booking towards the end of FY2018. However, this correction has also come after a decent rally we had seen in January 2018...

Sensex has cooled off a bit in the month of February post budget announcement amid various concerns like inflation, PNB scam, LTCG, rising US bonds yield etc. However, this correction has also come after a decent rally we had seen in January 2018. Moreover, BSE 100 benchmark returns have been decent 18% in the past 1 year. Now, the growth..

The budget for 2018-19 has reinforced the government’s agenda to bring reforms and improve macros. The FM maintained FY2018 fiscal deficit target of 3.5% and has set a target of 3.3% for FY2019, which is slightly higher than the earlier target of 3%. However, with improving tax compliance and GST collection, the target looks achievable. I..

2017 has been a strong year for Indian equities, Indian markets were among one of the top global equity markets with ~28% returns in the calendar year 2017. The positive trajectory is expected to continue in CY2018 with expectations of revival in corporate earnings, lower interest rates and continued inflow by domestic investors. 2018 is ..