Weekly Fundamental Podcast by Rin...
Weekly Fundamental Podcast by Rini Mehta | 10th Sept

Kotak Market Mantra di Kotak Securities

Note sull'episodio
Highlights of 10th September Fundamental Weekly Podcast:- Nifty & Sensex gained around 2% while Mid-cap and Small-cap indices continued to outperform the large-cap index.- Indian equity markets remain concerned about growth slowdown, higher interest rates and valuation even as inflation (especially food inflation) remains elevated both globally and domestically.- Flls continue to be a net seller to the tune of Rs.8,833 crores, to date in Sep'23.- GST collections for July (collected in August) were 10.8% yoy higher at Rs1.59 tn (June: Rs1.65 tn).- PICK OF THE WEEK – Canara Bank - TARGET - Rs 400- Return ratios are holding up well, Canara Bank reported ~75% YoY earnings growth driven by ~15% YoY growth in operating profit and ~25% YoY decline in provisions. - Asset quality improvement continued as NPL ratios declined and slippages were at a modest ... 
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