Opportunity in HDFCAMC

HDFCAMC is one of the largest mutual fund houses in terms of AUM. Due to concerns of decreasing market share of mutual fund inflows. For a long term scanario, owing to HDFC group's backing, HDFCAMC's prospects seems good.

Stocks has hit it's 52 week low yesterday and is down 37% from all time high, with a decent PE of 37, which is at-par with industry.





Comments

Post a Comment

Popular posts from this blog

Two opportunities this week.

Image
 1. HDFC (Housing Development Finance Corporation NSE:HDFC) HDFC is down 15% from all time high. Q3 2021 Result were just released. Margin increased from 12% to 15% 8% increase in net profit YoY. 5 year median PE is 23, while the stock is at a PE of 21.     2. TCPL (Tata Consumer Products Limited NSE:TATACONSUM) Price is down 16% from all time low Q3 2021 results are out today. YoY profit increased 40% With margins intact.
Read more

Opportunities in Chemical sector

Image
Q2 2021 results are out and since the market has shown enormous growth in terms of share price, it has resulted in high expectation from certain favourite sectors. Chemical sector is one among them. Several multibagger stocks have shown 20-30% correction even though they have shown +ve YoY Q2 results. Some had margins shrunk because of higher crude price.  Alkyl Amines (NSE:ALKYLAMINE)  is down 30% from all time high. Deepak Nitrite (NSE:DEEPAKNTR) is down 25% from all time high. PI Industries (NSE:PIIND) is down 25% from all time high. PIIND is down was exacerbated by their recent cancelling of purchasing pharma API business from ISSL. SRF Limited (NSE:SRF) is down 18% from all time high at bonus issue.
Read more

Possible opportunity in CAMS

Image
CAMS, a virtual duopoly (the other one being Karvy) in RTA business for mutual fund houses and a company with heavy moat of difficulties in moving to a RTA is down 35% from it's all time high. Although even now, it's having a PE of 50. It's good to include this stock for a closer look in the recent few months.
Read more