Q4 – India Earnings Report

I record my ratings to this Quarterly result of Indian Corporate, not in any particular order…. Strictly based on what is reported and not based on future outlook or movement of stock prices;

Excellent

1. GVK Power
   
2. Axis Bank (Set some standards – excellent management)
   
3. Infosys Tech
   
4. Satyam Comp
   
5. India Bull Securities
   
6. Motilal Oswal Securities
   
7. India Infoline
   
8. BILT
   
9. Sintex
   
10. HDFC Bank
    
11. Bank of India
    
12. CEAT
    
13. Yes Bank
    
14. Reliance Capital (Topline growth is outstanding)
    
15. IDFC (Future Heavyweight of finserv)
    
16. CESC
    
17. Glenmark
    
18. BEL
    
19. Sterlite Industries
    
20. Mahindra Lifespace
    
21. Titan
    
22. Bharti (Airtel)
    
23. Nicolas Piramal
    
24. NOIDA Toll
    
25. MMTC
    
26. Power Grid
    
27. Mindtree Consulting
    
28. Karuturi network (KNL)
    

Okay-Okay or Neither Here Nor There

1. Reliance Industries
   
2. ICICI Bank
   
3. RCOM
   
4. IDEA (Topline growth not good)
   
5. Ranbaxy (Profitability is not improving)
   
6. Cipla
   
7. HDFC Ltd
   
8. R-Com
   
9. Bhushan Steel
   
10. Canara Bank (Struggling to grow)
    
11. Indian Bank (Struggling to grow)
    
12. LIC Housing
    
13. Jain Irrigation
    
14. NTPC Ltd
    
15. HCL Tech
    
16. ZEE television
    
17. Videocon Industries
    

Bad

1. IFCI
   
2. ACC
   
3. Gujarat Alkali
   
4. Wockardt Pharma
   
5. BHEL (Abysmal relationship between topline and bottomline)
   
6. GE Shipping
   
7. DLF (Still a proprietory company !!!)
   
8. Aditya Birla Nova (Insurance premium googly)
   
9. Grasim
   
10. NALCO
    
11. SRF Ltd (Re-structuring only option to improve)
    
12. Essar Oil (Washout Q4 but no indication from management)
    
13. Siemens Ltd (Consistently failing market perception – No hope on OPM)
    
14. Maruti Udyog (Surprise depreciation decision – but only good representative of Indian car industry)
    
15. NDTV Ltd (120 crore loss – come on Prannoy – do some re-jig)