Top Idea Picks For January: KRChoksey
A farmer picks green tomatoes at his plot off Linwood Avenue in Detroit. (Photographer: Fabrizio Costantini/Bloomberg News)

Top Idea Picks For January: KRChoksey

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.

KRChoksey Report

High Conviction Stocks Idea Attributes -

Company - 1. Sound/resilient business; 2. Consistent strong financials; 3. High growth potential; and 4. High return on invested capital

Industry - 1. Market leaders/Strong brand value;

Management - 1. Visionary Leadership; 2. Strong and Effective Management.

Top idea picks -

State Bank of India - The bank has one of the high-quality books amongst PSU and is likely to remain the best beneficiary.

We expect 11% compound annual growth rate in profit after tax over FY20-22E and clock a return on asset of 50 basis points. While it is underperforming the private bank peers, the risk reward ratio is favorable.

Click on the attachment for the full list of KRChoksey’s stock picks for January 2021:

KRChoksey InvestPro Top Idea Picks January 2021.pdf

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.

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