Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Jan 05, 2022

Top Five Stock Picks For 2022: Yes Securities

Top Five Stock Picks For 2022: Yes Securities
An attendee holds cards while playing bridge. (Photographer: Houston Cofield/Bloomberg)
STOCKS IN THIS STORY
Prince Pipes & Fittings Ltd.
--

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 Report

Top stock picks for 2022-

Prince Pipes and Fittings Ltd. - Prince Pipes is one of the leading plastic pipes manufacturers in India. The company possesses 6% market share of an overall industry. Prince Pipes offers wide range of products used in plumbing solutions, sewage and underground drainage works, irrigation solutions and storage solutions. With seven‐strategically located plants across India, Prince Pipes has a total 259,000 tonnes per annum installed capacity. Hence, we believe, the company to be one of the key beneficiaries of expected industry growth.

CSB Bank - CSB Bank has structurally sound underlying asset quality but markets are starting to misprice transient asset quality issues centered around the gold loan book. The bank had the lowest gross non performing asset ratio in our comparison universe at 2.7% as of FY21. This has since spiked to 4.9% as of Q1 FY22 but the matter is not as worrisome as it seems.

Click on the attachment for full list of Yes Securities' top five picks for 2022:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search