US Stock Reports, Quotes and News
Prabhakar Kudva shares insights on Active Alpha\’s growth, market outlook for FY25, sector preferences, valuation concerns, and ideal investment horizon of at least 3 years for equities. Kudva further says that they invest on the basis of their data backed quant model named “Sattva” which throws several ideas at them.
Corporate reforms in Japan and South Korea will support a value thesis, according to JPMorgan Asset Management and AllianzGI. Meanwhile, M&G Investment Management is attracted by near record-low valuations for Chinese stocks. Other haven plays are exporters and India’s domestic-driven equities. The outlook is even dimmer for currencies and bonds.
Sushant Bhansali of Ambit Asset Management discusses market volatility, inflation impact, and investment strategies amidst rising equity culture and formalization of the economy, advising clients on strategic investment approaches.
Anirudh Garg from INVasset PMS shares insights on market trends, strategic shifts, and investment performance, emphasizing the importance of identifying new leaders during bull runs and adapting promptly to sector changes for optimal returns.
Sunil Subramaniam emphasizes the significance of SIP book flow, SEBI regulations, fund managers\’ role, NIM impact in the BFSI space, and the strategy of playing the infra and defense story through corporate banks for sustained growth.
Deepak Shenoy\’s Capital Mind ventures into various sectors with a focus on power transformers, hospitality, and financial investments. Uncertainty surrounds the FOMO crowd\’s return, Vodafone FPO, and the evolution of the diagnostics space. Sheoy also days: \”On the pricing power front, travel and hospitality has really increased in the last year or so. So, something could have fundamentally changed there.\”
Nimesh Chandan from Bajaj Finserv AMC sees India as a secure long-term investment. Despite potential corrections, the equity market is optimistic. While geopolitical risks and economic slowdowns could impact FY25, but SIP contributions and precious metals show promise. Chandan further says: \”Midcaps and smallcaps as a category are 20%-25% above their fair value zone. Corrections are part of any bull market and hence can come in anytime.\”
Pawan Bharaddia\’s Equitree fund focuses on high-growth businesses with strong moats. Despite the market corrections, the fund consistently outperformed, delivering 55.33% TWRR. Expecting a bullish market in FY25 with sector rotations and wealth creation through stock picking. Baraddia says \”we believe that FY25 will be a year of ground-up stock picking for wealth creation and not a broad-based rally in the markets.\”
Kenneth Andrade anticipates significant growth in the power market, emphasizing massive investments in energy capex equivalent to India\’s GDP over the next 15 years. He discusses the impact on various sectors and the rationale behind his pharma holdings, focusing on profitability potential. Andrade says he is avoiding banks because he chooses to be on the asset side and not on the liability side.
Bajaj Auto Share Price: Shares of Bajaj Auto fell 3% at Rs 8,753 on Friday after the two-wheeler major reported a standalone net profit of Rs 1,936 crore for the quarter ended March 31, 2024, which was up by over 35% from Rs 1,432.88 crore reported by the company in the year-ago period.
HDFC Life Share Price: HDFC Life stock fell 4% to Rs 581 after March results even after reporting 14% net profit growth to Rs 412 crore. Achieved 11% APE growth for FY24, individual APE growth at 1%.