Download  Diwali_Oct08

Sr.No Company Sector Weight (%) Highlights
1 Axis Bank Financials 9.0 Aggressive expansion; no compromise on profitability or assset quality
2 Bharti Telecom 10.0 Market leader with high visibility; impressive return ratios
3 BHEL Capital Goods 5.0 4.2x Order backlog/Sales; well funded for executing capex plans
4 CESC Power 6.0 Capex on track; trading at 60% discount to peers
5 Cipla Pharma 4.0 Continues to outperform guidance; benefits from INR depreciation
6 Gail Oil and Gas 5.0 Increased gas supplies to drive core business of transmission
7 Hero Honda Auto 5.0 Gaining market share; riding on rural growth
8 ITC FMCG 6.0 Cigarettes unaffected by slowdown due to demand inelasticity
9 Jindal Saw Pipes 5.0 High order book and margin improvement to drive earnings
10 M&M Auto 5.0 Rural play: Tractor and Bolero growth to remain strong; trading below BV
11 Marico FMCG 5.0 Highest growth among peers - trades at a discount; 25% sales from rural
12 Reliance Ind Oil and Gas 17.0 Commencement of KG-D6 and RPL growth drivers
13 Sun Pharma Pharma 4.0 Low risk business model in the industry; robust balance sheet
14 Tech Mahindra IT 7.0 High revenue visibility vis-a-vis peers; best play in IT
15 Union Bank Financials 7.0 Strong loan growth; ROE best amongst PSU banks