prime stocks

Fundamental analysis or technical analysis: which is better?

There are more theories on what works in stock investing than there are listed stocks. Each one seems to be successful at some point in time. However, there is still no single universally applicable formula. I am still in search of that magic formula. If any of you do find one, please post it in the comments section.

But if there can be said to be two warring camps on the right approach to stock investing, these are usually fundamental analysis and technical analysis. Both have loyal camps of followers who swear that their method works best.

Fundamental analysis or technical analysis: which is better? Read More ยป

Prime Stocks: An update on a recommendation

In one of our stock recommendations last year, we analysed a company that was moving from โ€˜tonnage to technologyโ€™. We spoke briefly about the company transforming itself from a manufacturer of forged components to a supplier of products, systems and assemblies to defence and electric vehicles. The stock delivered 27% since our call (index 8.5%) and we retain a buy. In this report we detail further on the above opportunities based on the information that the company shared with analysts last month.

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Prime Stocks: An update on a recommendation Read More ยป

Prime Equity Outlook 2023

In our Prime Equity outlook in 2022 we said โ€œWe would expect any correction triggered by global rates to take the Nifty 50 down to the 12,500 to 15,000 range. In this range, investors should deploy cash and swoop in on buying opportunities rather than develop cold feet!โ€.
The equity market world over did see a correction in 2022 along these lines and as geo-political factors took hold. Indian markets too, experienced a rout in the first half of the year hitting close to our predicted range at 15,200 by mid-June.
Even so, India did a lot better than its emerging market peers. The Nifty 50 closed the year on a positive note, with a modest 4% return. Simply buying the Nifty 50 would have delivered a good 18% from June until December 2022. Our own stock picks delivered well in 2022, too.
But with global recession on the cards, still high Nifty 50 and a hostile rate scenario, can 2023 be better than 2022? For Indian markets, there are some key trends that we think can play out. We look at where the Nifty 50 could be headed, and where opportunities lie.

Prime Equity Outlook 2023 Read More ยป

Are you looking for the next HDFC Bank?

There is no dearth of stock market stories about the next HDFC bank or the next Page Industries or the next Dixon Technologies. In the recent IPO boom, this comparison went to the next level – comparing Indian companies with global giants.

But this kind of chasing the next big multi bagger, has seldom yielded rich dividends for investors.

Are you looking for the next HDFC Bank? Read More ยป

Should you still bank on banking stocks? Earnings review and more

This earnings season, the standout performers come from the banking sector. While private banks led the revival in earlier quarters, this time around, performance is visible all round โ€“ across leading private banks to old private banks and PSU banks.

Should you still bank on banking stocks? Earnings review and more Read More ยป

US recession and IT sector slowdown โ€“ impact on our stock pick

Will the Indian IT sector slowdown as a result of a looming recession in the US? This is the question that many of you have asked us on the back of a sharp 32% correction in the Nifty IT index from its peak in January 2022. The next question is whether our โ€˜buyโ€™ on one of the IT stocks is valid now and whether the same can be accumulated. We will try to answer these questions here.

US recession and IT sector slowdown โ€“ impact on our stock pick Read More ยป

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