BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Yes Securities Research Report
ICICI Bank Ltd. - Non-lending businesses contribute 19-21% to the overall value of State Bank of India, ICICI Bank and Kotak Mahindra Bank Ltd., specifically, 20% for ICICI Bank, whereas, for other banks in our 11-bank coverage universe, at 0-5%, such businesses do not move the needle in terms of augmenting overall shareholder value.
Apollo Pipes Ltd. - Large investments likely to flow in irrigation segment (50% pipe demand) coupled with healthy capital outlay in water supply system segment (35% pipe demand) over FY20-FY24E which should enable plastic pipe industry to register 13% compound annual growth rate over similar period. Revival in real-estate industry will provide additional boost.
Click on the attachment for the full list of Yes Securities' top four stock picks for December:
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