BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Nirmal Bang Report
Large-, Mid- and Small-Cap Diwali Picks - Samvat 2078:
Ashok Leyland Ltd.
We see Ashok Leyland to be a key beneficiary of the commercial vehicle cycle recovery and view strong government initiatives on infrastructure to be positive for the company over the medium term as well.
Our thesis on Ashok Leyland lies as a pure play on the impending current year cycle recovery.
Bata India Ltd.
A consumer franchise where there is significant headroom for growth. Market size in our view is Rs 0.7-0.8 trillion and which will likely grow in the high single digits at least.
The largest formal player, Bata India, has only around 3.5-4% market share. It has the largest breadth of products from a price perspective and caters to the widest breadth of customers too from an age perspective
Click on the attachment for full list of Nirmal Bang's Diwali stock picks:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR