Daily Voice: India’s bull run intact, driven by structural growth; FII ownership at decade lows: Anil Rego

Money Control · 9m ago

Daily Voice: India’s bull run intact, driven by structural growth; FII ownership at decade lows: Anil Rego

Medial

- Anil Rego is the founder and fund manager at Right Horizons. - Rego remains confident in India's ongoing bull rally, attributing it to strong structural growth drivers. - He holds a neutral stance on the auto sector due to sluggish sales and weak market sentiment. - Right Horizons capitalizes on market corrections by investing further in high-quality names in their portfolio. - India's economic landscape remains stable, despite the volatile global environment. - A repo rate cut in India is possible in the near future, depending on inflation levels and food prices. - The risk-reward balance in the IT sector could become favorable, but only once client spending behavior and budgets for CY25 are finalized. - Earnings growth in the September quarter is likely to be driven by sectors such as IT, chemicals, and banking. - The auto and auto ancillary sector may appear overvalued due to recent difficulties and weak market sentiment.

Daily Voice: Overweight on mid, smallcaps as economy going through structural shift, says Right Horizons' Anil Rego

Money Control · 1y ago

Medial

Anil Rego, founder and fund manager of Right Horizons, is bullish on mid and smallcap stocks despite concerns of an overheated market. He believes that structural shifts in the Indian economy will lead to long-term growth, and that eventual rate cuts will disproportionately benefit mid and smallcap companies. Rego suggests that quality mid and smallcaps, expected to have consistent growth in the next few years, offer good risk-reward opportunities. He also discusses the regulators' warnings about froth in the midcap and smallcap segments, as well as the outlook for metal and FMCG sectors.

Dividend payouts of state-run firms hit decade's low on signs of fatigue

Livemint · 21d ago

Dividend payouts of state-run firms hit decade's low on signs of fatigue

Medial

Public sector enterprises in India are experiencing dividend fatigue, with payout ratios hitting decade lows in FY25. Despite a record ₹4.9 trillion dividend by India Inc., state-run enterprises saw a decline in dividend growth and payout ratios. This shift indicates a prioritization of reinvestment, capital discipline, and long-term value creation over immediate dividend distributions.

Macro indicators, retail participation aligning for a multi-decade bull run: Madhu Kela

Economic Times · 27d ago

Macro indicators, retail participation aligning for a multi-decade bull run: Madhu Kela

Medial

Market veteran Madhu Kela expresses optimism for India's multi-decade bull run, emphasizing the potential in India's market owing to lower bond yields compared to the US. He highlights retail participation and macro indicators as positive signs and advises focusing on select sectors and stocks for growth. Kela underscores the value of strategic investments while predicting a positive outlook, particularly in the NBFC sector, due to improved regulatory frameworks and boosted liquidity. Investing in select opportunities can yield significant returns over time.