Interesting Reads 01-04-2019

Companies with  Market cap of over 1 trillion Rs has reached 30 at present

Source : Business Standard

 

Price to Book Valuation of Nifty and Nifty Bank index – Discount is reducing

Source : Business Standard

 

Large cap funds outperformed Mid and Small cap fund in last one year. However over a 5 year period, Small and Midcap funds have outperformed Large cap funds

Source : Business Standard

 

Indian Economy Snapshot (Last 5 years)

Source : Business Standard

 

Aviation traffic growth Feb 2019 –  Lowest in 57 months

Source : Financial Express

 

Energy Demand Growth in 5 years  vs Net Income of Discoms.

Source : Business Standard

 

Metal companies operating profit contribution from each commodities

Source : Hindu Business Line

Interesting Charts from Brokerage Reports

 

Valuation of small caps after steep correction

(Source : B&K Securities)

What led to the Nifty Rally

(Source : Yes Securities)

Breakeven Analysis between diesel and petrol cars have come down significantly

(Source : Kotak Institutional Equities)

 

DRAWDOWNS

(Source : Morgan Stanley Research)

Midcap Drawdown since 2005  

Smallcap Drawdown since 2005

Sensex Drawdown since 2005

Sensex Drawdown since 2009

 

FLOWS 

(Source : Morgan Stanley Research)

FPI vs Domestic MF

 

FUNDAMENTALS

(Source : Morgan Stanley Research)

Corporate Profit to GDP : India vs US

Corporate Profit to GDP

Large Companies share in Total Profits – At highest levels

Breadth of Corporate Performance – Revenue and Net Profit Growth

Broad Market Revenue Growth

YoY Revenue and Profit Growth

Trend in RoE and Asset Turnover

Bank Credit Growth

 

MARKET BREADTH

(Source : Morgan Stanley Research)

Market Breadth – % of stocks above 200 DMA (Daily)

Market Breadth – % of stocks above 200 DMA (Weekly)

 

VALUATIONS

(Source : Morgan Stanley Research)

Cyclically adjusted P/E (CAPE)

MSCI India P/E relative to MSCI US

Market cap to GDP Ratio

 

VOLATILITY

(Source : Morgan Stanley Research)

Inter day volatility at historical lows

 

 

Interesting Reads – 05-11-2018

Stocks that investment gurus would buy for Diwali 2018 (ET)

In this article, ET has explained and filtered stocks based on methods used by 4 investment gurus – James O’ Shaughnessy, Warren Buffett, Joel Greenblatt, Joseph Piotroski

https://bit.ly/2DncDS6

 

Can Ethanol Change Business Dynamics For Sugar Industry? (BQ)

A good read on changing dynamics for sugar industry.

https://bit.ly/2OpEoKH

 

The Low Stress Way to Research Stocks (Safal Niveshak)

Jatin Khemani talks about his equity research process and how he tries to balance the stress part of the equation that it involves

https://bit.ly/2zoZNhq

 

A Brief Overview Of Global & Indian Coffee Sector (Alpha Invesco)

https://bit.ly/2Dkccbb

 

Understanding The Indian Tyre Industry, Key Players & The Road Ahead (Alpha Invesco)

https://bit.ly/2RCMgKU

 

Reminiscences Of A Stock Operator: The Volkswagen Chronicles (Albert Bridge Capital)

Mother of all short squeezes, Volkswagen briefly became the world’s biggest company by market value, as short sellers caught betting on a price drop with borrowed stock scrambled to find shares after a buying spree by Porsche

https://bit.ly/2SNlmRJ