Highlights of 4th December Fundamental Weekly Podcast:

- Both Nifty and Sensex gained ~2.3% while Nifty Mid-cap gained 3.2% and the Nifty Small-cap gained 3.2%.

- On the economy front, real GDP growth of 7.6% in Q2FY24 came in ahead of expectations, led by strong investment growth (11% YoY) and government expenditure (12% YoY).

- In Flls continue to be a net cash buyer to the tune of Rs. 8,219.76 crores, to date in Nov'23.

- PICK OF THE WEEK – Samhi Hotels - TARGET - Rs 230

- SAMHI is among India's largest hotel ownership & asset management platforms

- Portfolio of 4,801 keys/31 operating hotels, built through an acquisition led- strategy

- Revenue/EBITDA CAGR of 24%/27% over the next three years

- We expect earnings per share (EPS) of Rs 6.0 in FY25E and Rs 9.2 in FY26E

#KotakSecurities # ...