Top 5 picks for 2012, There Latest Stock Price, Fundamental & Current Valuations : Kotak
HDFC bank
One of the largest private sector banks has been a showcasing consistency in its earning growth. It has grown around 30% y-o-y in the past 38 quarters.
In the September quarter, its standalone net profit rose 31.49% to Rs 1,199 crore on y-o-y basis. It has consistently delivered one of the highest CASA mix in the industry.
Its CASA mix remained healthy at 47.3% at the end of Q2FY12, despite the rise in FD rates in last few quarters.
Valuations: P/ABV - 3.1x FY13
LATEST STOCK PRICE OF HDFC BANK
Infosys
The IT bellwether stock replaced Mukesh Ambani led Reliance Industries as the number one stock in the BSE Sensex and the NSE Nifty weightage wise in December.
Kotak remains positive on the medium-to- long-term strategy of the company. It also witnessed a management change as SD Shibulal took over as the new CEO.
Management has reiterated its long term commitment to increase the proportion of non-linear revenues. Kotak concur with the management's view that this is necessary to ensure profitable growth, while providing more value to customers.
Valuations: PE - 16.8x FY13
LATEST STOCK PRICE OF INFOSYS
ITC
ITC has a long track record of high market share in the cigarette business. Coupled with pricing power, this creates an improving profit profile, and high visibility in revenue and earnings growth for the segment.
Tobacco constitutes only 15% of India's consumption pie; which explains ITC's entry in the space. ITC's products show encouraging trends in market share, creating portents for profitability toward the end of FY13.
Over a cycle all other businesses of ITC are self-sustaining, and gel strategically with growth objectives of the company.
Valuations: PE - 21.8x FY13E
LATEST STOCK PRICE OF ITC
IRB Infra
This infra company is an experienced player in road Built-operate-transfer (BOT) segment and is likely to benefit from upcoming project awarded in road segment.
The company has a strong order book of Rs 9,600 crore which can drive growth in revenues at a CAGR of 36% between FY11-FY13.
Valuations: PE of 9.4x FY13
LATEST STOCK PRICE OF IRB INFRA
Cummins India
The Pune based company is one of the largest diesel and natural gas engine manufacturers for power generation, industrial and automotive markets. It is well poised to benefit from recovery in the infrastructure spending in the country.
It has recently set up a greenfield facility in Phaltan near Pune. Commencement of this mega production site is likely to ease out capacity constraints and would add to cash flow generation.
Valuations: PE 14x FY13E
LATEST STOCK PRICE OF CUMMINS INDIA
HDFC bank
One of the largest private sector banks has been a showcasing consistency in its earning growth. It has grown around 30% y-o-y in the past 38 quarters.
In the September quarter, its standalone net profit rose 31.49% to Rs 1,199 crore on y-o-y basis. It has consistently delivered one of the highest CASA mix in the industry.
Its CASA mix remained healthy at 47.3% at the end of Q2FY12, despite the rise in FD rates in last few quarters.
Valuations: P/ABV - 3.1x FY13
LATEST STOCK PRICE OF HDFC BANK
Infosys
The IT bellwether stock replaced Mukesh Ambani led Reliance Industries as the number one stock in the BSE Sensex and the NSE Nifty weightage wise in December.
Kotak remains positive on the medium-to- long-term strategy of the company. It also witnessed a management change as SD Shibulal took over as the new CEO.
Management has reiterated its long term commitment to increase the proportion of non-linear revenues. Kotak concur with the management's view that this is necessary to ensure profitable growth, while providing more value to customers.
Valuations: PE - 16.8x FY13
LATEST STOCK PRICE OF INFOSYS
ITC
ITC has a long track record of high market share in the cigarette business. Coupled with pricing power, this creates an improving profit profile, and high visibility in revenue and earnings growth for the segment.
Tobacco constitutes only 15% of India's consumption pie; which explains ITC's entry in the space. ITC's products show encouraging trends in market share, creating portents for profitability toward the end of FY13.
Over a cycle all other businesses of ITC are self-sustaining, and gel strategically with growth objectives of the company.
Valuations: PE - 21.8x FY13E
LATEST STOCK PRICE OF ITC
IRB Infra
This infra company is an experienced player in road Built-operate-transfer (BOT) segment and is likely to benefit from upcoming project awarded in road segment.
The company has a strong order book of Rs 9,600 crore which can drive growth in revenues at a CAGR of 36% between FY11-FY13.
Valuations: PE of 9.4x FY13
LATEST STOCK PRICE OF IRB INFRA
Cummins India
The Pune based company is one of the largest diesel and natural gas engine manufacturers for power generation, industrial and automotive markets. It is well poised to benefit from recovery in the infrastructure spending in the country.
It has recently set up a greenfield facility in Phaltan near Pune. Commencement of this mega production site is likely to ease out capacity constraints and would add to cash flow generation.
Valuations: PE 14x FY13E
LATEST STOCK PRICE OF CUMMINS INDIA