What can RBI do to reduce trust deficit with NBFCs? All this and more on Moneycontrol Pro
Moneycontrol Pro offers curated markets data, independent equity analysis, insights into investment styles and exclusive trading recommendations.
Moneycontrol Pro offers curated markets data, independent equity analysis, insights into investment styles
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Finally, some great news! India’s fastest-growing financial subscriptions service, Moneycontrol Pro, is available both on the website and mobile apps.
Moneycontrol Pro offers curated markets data, independent equity analysis, insights into investment styles and exclusive trading recommendations. In sum, all the information you need for wealth creation.
Independence Day Offer: Pay Rs 289 for 3 months and get Moneycontrol Pro for 1 year.
Use code “FREEDOM” For more information, check out the Moneycontrol website or mobile app.
Sterling and Wilson Solar IPO: Exciting sector, but is it a buy?
Thanks to the correction in the equity markets, instead of investing in expensive IPOs, investors have plenty of options to invest in good companies in the secondary market, particularly in the midcap space. It is in this market environment that Sterling and Wilson Solar (SWSL), a Shapoorji Pallonji Group company which is a global solar EPC solution provider, has priced its issue 19.5 times its fiscal 2019 earnings. Is it worth the money? Click here to read our analyst’s take.
ITC: Are low valuations a compelling reason to buy?
A slowdown in GDP growth and uncertainty gripping industrials makes consumer stocks a relatively defensive sector to invest in. Within the sector, ITC’s shares trade at a valuation less than half of Hindustan Unilever’s and at a 29 percent discount to the FMCG pack. This gap in valuation has developed over a period of time and there are valid reasons for it like unimpressive sales growth. But at some time, this gap can seem excessive and a case for a re-rating could develop. The question is at what level and when? Click here to read more.
Demand for NBFC liquidity window gets louder
The monetary policy review is underway and the buzz for a special liquidity window for non-bank finance companies (NBFCs) is getting louder. Overall credit growth has been muted and crimped consumption, thanks in significant part to the NBFC crisis. A special liquidity window for NBFCs will help kick start their lending, goes the narrative. But this story is flawed because no amount of liquidity—and rate cuts—will help. What can RBI do to reduce the trust deficit with NBFCs? Read here
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DHFL was the first finance company to be referred to NCLT by the RBI using special powers under Section 227 of the IBC. The company owes Rs 87,031 crore to financial creditors
The gains in the early morning trade in BSE Sensex was driven by gains in index majors HDFC twins, Kotak Bank and Reliance Industries amid a positive trend in global markets
ICRA principal economist Aditi Nayar said a deeper disinflation in primary food articles helped to cushion the impact of the sharp rise in core inflation, which reached a 27-month high of 5.1 percent in January