Sanjeev Prasad
IRCON, RVNL: Disconnect between fundamentals, valuations of railway stocks
PSU railway stocks trade at several times book value (net worth) and at very rich price-earnings (P/E) multiples, the Kotak report said
 "IRCON, RVNL: Disconnect between fundamentals, valuations of railway stocks")
Markets too optimistic in its earnings estimates, suggests Kotak report
The markets, KIE said, may be too bullish on revenues of export-oriented sectors such as automobiles, IT services, potentially pharmaceuticals and specialty chemicals.
 "Markets too optimistic in its earnings estimates, suggests Kotak report")
Investors beware! Four risks that can trigger a stock market correction
The faith in the market is at epic levels and may require something equally epic to break the faith. High or even bubble valuations are irrelevant for non-institutional investors, said a KIE note
 "Investors beware! Four risks that can trigger a stock market correction")
Economic strength or extreme euphoria: What's driving Indian stock markets?
Valuations in most parts of the Indian stock market, analysts said, are expensive with the extent of overvaluation increasing in inverse order of market-cap, quality, and risk
 "Economic strength or extreme euphoria: What's driving Indian stock markets?")
PSUs face further investment apathy; privatisation may struggle: Analysts
The bulk of the earnings reduction over the past two months for the Nifty-50 index, according to KIE, has come from the government's decision to levy new taxes
 "PSUs face further investment apathy; privatisation may struggle: Analysts")
Up to India to turn this crisis into opportunity: Sanjeev Prasad
Interview with Senior executive director and co-head, Kotak Institutional Equities
 "Up to India to turn this crisis into opportunity: Sanjeev Prasad")
