The Banking industry comes under Financial group. It’s a commodity type industry.Industry Strengths Strong demand for banking services including fee based servicesRapid growth in infrastructure to make banking services available through increase in number of branches in semi-urban and rural areasImplementation of technology like electronic funds transfer to make banking speedier and convenient across cities and countriesImplementation of technologies like mobile banking, internet banking which makes banking simpler and bring down man-power costsIndustry WeaknessHigh Non-performing Assets (NPA), especially in public sector banks (PSB) due to huge loans to troubled sectors like power, infrastructure etc,Impact by high RBI policy ratesImpacted by high deposit and savings account interest ratesImpacted by populist measures like waving of loans to farmers and forcing the PSB to lend without adequate security.Growth DriversStrong demand for financial services like housing loans, infrastructure loans, credit cards, mutual funds and insurance business.Increasing availability of banking in rural areas.Awareness of the advantages of using banking services.Rapid urbanization and industrialization leading to demand from small and medium businesses.

Key Highlight of Company Business

Axis Bank is the third-largest private sector bank in India in terms of asset size, with a balance sheet of greater than INR6.3tn. It has a network of over 3,500 branches and extension counters across the country. The bank earns substantial fee income from transaction and merchant banking activities.Segments and ProductsThe bank provides a suite of corporate and retail banking products. The Bank's segments include Retail Banking, Corporate Banking, Treasury and Other Banking Business. Its Retail Banking lends to individuals/small businesses and activities include liability products, mobile banking, Internet banking, card services and financial advisory services.Its Corporate Banking includes corporate relationships not included under Retail Banking, placements and syndication, capital market related services, corporate advisory services, project appraisals, and cash management services. Its Treasury operations include investments in sovereign and corporate debt, equity and mutual funds, trading operations, derivative trading and foreign exchange operations on the proprietary account and for customers. Its Other Banking Business includes para banking activities, such as third-party product distribution and other banking transactions.

INCOME STATMENT BALANCE SHEET Interest Earned () 11,721.55 Sep'17 Other Income () 2,593.08 Sep'17 PBDIT () 3,470.80 Sep'17 Net Profit () 726.44 Sep'17 Total Share Capital () 479.01 Net Worth () 55,762.54 Total Debt () 519,409.66 Net Block () 3,746.89 Investments () 128,793.37 Total Assets () 601,467.66

Fund Houses invested Axis Bank stock

Fund Sep-17 ICICI Prudential Mutual Fund 2.009 HDFC Mutual Fund 1.876 Franklin Templeton Mutual Fund 1.460 Reliance Mutual Fund 0.981 SBI Mutual Fund 0.804 Kotak Mahindra Mutual Fund 0.508 UTI Mutual Fund 0.448 L&T Mutual Fund 0.412 Aditya Birla Sun Life Mutual Fund 0.222 JM Financial Mutual Fund 0.135

Company: Axis Bank Ltd. Address: Trishul , 3rd Floor, Opp . Samartheshwar Temple, Law Garden , Ellisbridge, Ahmedabad, Gujarat - 380006 | Phone: 079-66306161 | Fax: 079-26409321 Email: shareholders@axisbank.com Website: www.axisbank.com Registrar & Transfer Agent: Karvy Computershare Pvt Ltd Karvy Selenium Tower B, Plot 31-32Gachibowli,Financial District, NanakramgudaHyderabad – 500032Tel. No. 040 67161500Fax. No. 040 23001153E-mail: einward.ris@karvy.comWebsite: www.karvy.comToll Free No. of exclusive Call Centre:1-800-345001, Karvy Selenium Tower B, Plot 31-32, Gachibowli,Financial District, Nanakramguda | Phone: 91-040-67161500 | Fax: 91-040-23001153 Email: einward.ris@karvy.com Website: www.karvy.com

The telecom industry comes under Utility group. It’s a commodity type industry.Industry Strengths Huge demand in rural areas for communication services.Availability of high speed services with excellent reach Broadband and 4G services are already providing a platform for mobile banking, commerce, conferencing etc.Industry WeaknessHigh competition leading to lower margins among industry players.Uncertain regulatory environmentHighly capital intensive, especially for purchase of bandwidth that increases cost of capitalGrowth DriversDomestic economic growth that leads to economic activity and consequently rise in need of communication.Rising population and increase in connectivity Internet connectivity over phoneMultiple mobile applications in demand Cheap tariffs for users

Company: Bharti Airtel Ltd. Address: Bharti Crescent, 1 , Nelson Mandela Road, Vasant Kunj , Phase - I I, New Delhi, Delhi - 110070 | Phone: +91-11-46666100 | Fax: +91-11-41666137 Email: compliance.officer@bharti.in Website: www.airtel.com Registrar & Transfer Agent: Karvy Computershare Pvt Ltd Karvy Selenium Tower B, Plot 31-32Gachibowli,Financial District, NanakramgudaHyderabad – 500032Tel. No. 040 67161500Fax. No. 040 23001153E-mail: einward.ris@karvy.comWebsite: www.karvy.comToll Free No. of exclusive Call Centre:1-800-345001, Karvy Selenium Tower B, Plot 31-32, Gachibowli,Financial District, Nanakramguda | Phone: 91-040-67161500 | Fax: 91-040-23001153 Email: einward.ris@karvy.com Website: www.karvy.com

Key Highlight of Company Business

Bharti is leading provider of telecommunication services with presence in 20 countries representing India, Bangladesh, Sri Lanka and 17 countries in Africa. It is India’s largest wireless operator with a pan-India mobility network spanning all 22 telecom circles. Segments and ProductsThe enterprise services division, along with voice, data and video services also provides network integration, data centers, managed services, enterprise mobility applications and digital media solutions.In India, the Company's product offerings include 2G, 3G and 4G wireless services, mobile commerce, fixed line services, high-speed home broadband, DTH and enterprise services, including national and international long-distance services to carriers. In the rest of the geographies, it offers 2G, 3G and 4G wireless services and mobile commerce. Its divisions include Mobile Services, Telemedia Services, Digital TV Services, Airtel Business and Tower Infrastructure Services. Mobile Services offers postpaid, pre-paid, roaming, Internet and m-Commerce services. Telemedia Services provides fixed-line telephone and broadband services for homes in 87 cities pan-India. Its Direct-To-Home platform offers digital TV services. Airtel Business provides information and communications technology services.

INCOME STATMENT BALANCE SHEET Net Sales () 12,687.60 Sep'17 Other Income () 80.00 Sep'17 PBDIT () 4,272.20 Sep'17 Net Profit () 64.30 Sep'17 Total Share Capital () 1,998.70 Net Worth () 101,207.30 Total Debt () 56,889.90 Net Block () 111,522.80 Investments () 45,959.00 Total Assets () 148,497.00

Fund Houses invested Bharti Airtel stock

Fund Sep-17 ICICI Prudential Mutual Fund 1.504 SBI Mutual Fund 1.117 Franklin Templeton Mutual Fund 0.749 Reliance Mutual Fund 0.630 Aditya Birla Sun Life Mutual Fund 0.414 HDFC Mutual Fund 0.259 UTI Mutual Fund 0.243 L&T Mutual Fund 0.150 DSP BlackRock Mutual Fund 0.097 Axis Mutual Fund 0.084

The telecom industry comes under Utility group. It’s a commodity type industry.Industry Strengths Huge demand in rural areas for communication services.Availability of high speed services with excellent reach Broadband and 4G services are already providing a platform for mobile banking, commerce, conferencing etc.Industry WeaknessHigh competition leading to lower margins among industry players.Uncertain regulatory environmentHighly capital intensive, especially for purchase of bandwidth that increases cost of capitalGrowth DriversDomestic economic growth that leads to economic activity and consequently rise in need of communication.Rising population and increase in connectivity Internet connectivity over phoneMultiple mobile applications in demand Cheap tariffs for users

Key Highlight of Company Business

Bharti Infratel including Indus Towers, is the leading telecom tower infrastructure provider and deploys, owns and manages telecom towers and communication structures for various mobile operators. In India, they have 40.8% market share. Backed by parent Bharti and by virtue of 42% stake in Indus Towers, Infratel shares a strong relationship with Bharti, Vodafone and Idea, which account for ~76% telecom revenue market share aThe Company’s consolidated portfolio consists of over 90,000 telecom towers, which includes over 39,000 of its own towers and the balance from its 42% equity interest in Indus Towers Limited, and has a presence in all 22 telecom circles in India. Segments and ProductsThe services offered by the Company include 1.Tower Infrastructure Solutions, 2.Tower Operations Center, 3.Infratel Enterprise Suite and 4.Advantage Infratel.

INCOME STATMENT BALANCE SHEET Net Sales () 1,695.20 Sep'17 Other Income () 19.90 Sep'17 PBDIT () 797.30 Sep'17 Net Profit () 317.00 Sep'17 Total Share Capital () 1,849.60 Net Worth () 16,237.10 Total Debt () 278.50 Net Block () 5,791.40 Investments () 11,666.00 Total Assets () 16,515.60

Fund Houses invested Bharti Infratel stock

Fund Sep-17 SBI Mutual Fund 0.908 L&T Mutual Fund 0.152 HDFC Mutual Fund 0.134 UTI Mutual Fund 0.099 JM Financial Mutual Fund 0.075 ICICI Prudential Mutual Fund 0.060 Aditya Birla Sun Life Mutual Fund 0.034 Reliance Mutual Fund 0.034 Kotak Mahindra Mutual Fund 0.016 IDFC Mutual Fund 0.012

Company: Bharti Infratel Ltd. Address: Bharti Crescent, 1, Nelson Mandela Road, Vasant Kunj, Phase- I I, New Delhi, Delhi - 110070 | Phone: 91-011-4666 6100 | Fax: 91-011-4166 6137 Website: www.bharti-infratel.com Registrar & Transfer Agent: Karvy Computershare Pvt Ltd Karvy Selenium Tower B, Plot 31-32Gachibowli,Financial District, NanakramgudaHyderabad – 500032Tel. No. 040 67161500Fax. No. 040 23001153E-mail: einward.ris@karvy.comWebsite: www.karvy.comToll Free No. of exclusive Call Centre:1-800-345001, Karvy Selenium Tower B, Plot 31-32, Gachibowli,Financial District, Nanakramguda | Phone: 91-040-67161500 | Fax: 91-040-23001153 Email: einward.ris@karvy.com Website: www.karvy.com

The pharmaceutical industry comes under Healthcare group. It’s a Non-commodity type industry.Industry Strengths Growing demand as lifestyles continue to become sedentary leading to particular disorders.Inelastic demand for basic medicines for chronic illnesses.Low R&D, trial and production costs especially for generics.Access to foreign markets due to mergers and acquisitions and strategic tie-ups.Industry WeaknessUncertain government regulations on pricingHigh competition from foreign companiesDependence of regulators in developed marketsHigh risk of litigations and patents disputes especially in developed marketsGrowth DriversGrowing population with higher life expectancy and greater number of old peopleAwareness of latest medicine technologiesIncreasing lifestyle disorders such as diabetes, cardiac and obesityVery strong demand for generics in developed and domestic markets due to its cheap pricing.Growth in hospital and healthcare sector

Key Highlight of Company Business

Cipla is the third largest player in the Indian market, with business units including Active Pharmaceutical Ingredients (APIs), Respiratory and Cipla Global Access. The Company's geographical segments include India, USA, South Africa and Rest of the World.Segments and ProductsThe Company offers its products for the therapeutic areas, including cardiovascular, children's health, dermatology and cosmetology, diabetes, HIV/AIDS, infectious diseases and critical care, malaria, neurosciences, oncology, ophthalmology, osteoporosis, respiratory, urology and women's health.The Company manufactures metered dose inhalers, dry powder inhalers, nasal sprays, nebulizers and a range of inhaled accessory devices. Cipla Global Access is a tender-based institutional business that concentrates on approximately four therapy areas: human immunodeficiency virus/acquired immuno deficiency syndrome (HIV/AIDS), malaria, multi drug-resistant tuberculosis and reproductive health.

INCOME STATMENT BALANCE SHEET Net Sales () 2,975.94 Sep'17 Other Income () 180.42 Sep'17 PBDIT () 675.41 Sep'17 Net Profit () 566.16 Sep'17 Total Share Capital () 160.90 Net Worth () 12,800.51 Total Debt () 324.33 Net Block () 4,235.26 Investments () 4,285.89 Total Assets () 12,569.07

Fund Houses invested Cipla stock

Fund Sep-17 ICICI Prudential Mutual Fund 3.660 HDFC Mutual Fund 2.459 Reliance Mutual Fund 1.422 SBI Mutual Fund 0.677 UTI Mutual Fund 0.557 JM Financial Mutual Fund 0.114 Quantum Mutual Fund 0.065 Kotak Mahindra Mutual Fund 0.026 Tata Mutual Fund 0.025 Invesco Mutual Fund 0.022

Company: Cipla Ltd. Address: Cipla House, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai, Maharashtra - 400013 | Phone: 022-24826000 / 022-24826951 | Fax: 022-24826893 Email: cosecretary@cipla.com Website: www.cipla.com Registrar & Transfer Agent: Karvy Computershare Pvt Ltd Karvy Selenium Tower B, Plot 31-32Gachibowli,Financial District, NanakramgudaHyderabad – 500032Tel. No. 040 67161500Fax. No. 040 23001153E-mail: einward.ris@karvy.comWebsite: www.karvy.comToll Free No. of exclusive Call Centre:1-800-345001, Karvy Selenium Tower B, Plot 31-32, Gachibowli,Financial District, Nanakramguda | Phone: 91-040-67161500 | Fax: 91-040-23001153 Email: einward.ris@karvy.com Website: www.karvy.com

The 2&3 Wheeler industry comes under Consumer Cyclical group. It’s a Non-commodity type industry.Industry Strengths Availability of finance at cheap rates and through banks and private NBFCs.Availability of world class technology and skilled manpower for R&D, designing and management of facilities.Availability of cheap world class components, locally produced and imported.Industry WeaknessImpacted by high interest rates and high fuel costHuge competition from MNCs in all segment of the industry Impacted by weakening rupee which makes imports expensive and royalty payments highGrowth DriversRapid urbanization and industrializationGrowing middle class disposable income leading to purchase of two-wheelers, passenger cars, SUV etcs.Development of road infrastructureRapid growth of organized retailing which has lead to a demand for light and heavy commercial vechicles.Governments support for agriculture sector and rural India

Key Highlight of Company Business

Eicher Motors is the flagship company of the Eicher Group in India and a leading player in the Indian motorcycle and commercial vehicle (CV) segments. Eicher Motors manufactures and markets its motorcycle under the iconic brand name, ‘Royal Enfield’ and is market leader in the >250cc motorcycle segment with over 95% market share. The CV segment operates under a joint venture (JV) called VE Commercial Vehicles (VECV).Segments and ProductsThe Company operates in business verticals, including 1. motorcycles, 2. commercial vehicles and personal utility vehicles. The Company owns the Royal Enfield motorcycle business. Royal Enfield operates through approximately 20 company-operated stores and 500 dealers in various cities and towns in India, and exports to over 50 countries across the world. The Company, through VE Commercial Vehicles Limited (VECV), designs, manufactures and markets trucks and buses. VECV includes Eicher Trucks and Buses, Volvo Trucks India, Eicher Engineering Components, Eicher Engineering Solutions, VE Powertrain and Bus Body Plant. The Company, through Eicher Polaris Pvt Limited (EPPL), designs, develops, manufactures and sells a range of personal vehicles. EPPL's manufacturing facility is located in Jaipur, Rajasthan.

INCOME STATMENT BALANCE SHEET Net Sales () 2,157.46 Sep'17 Other Income () 69.92 Sep'17 PBDIT () 690.05 Sep'17 Net Profit () 486.44 Sep'17 Total Share Capital () 27.21 Net Worth () 3,922.59 Total Debt () 0.00 Net Block () 865.84 Investments () 3,541.73 Total Assets () 3,548.82

Fund Houses invested Eicher Motors stock

Fund Sep-17 Aditya Birla Sun Life Mutual Fund 2.380 Motilal Oswal Mutual Fund 0.754 ICICI Prudential Mutual Fund 0.753 SBI Mutual Fund 0.523 Axis Mutual Fund 0.485 UTI Mutual Fund 0.425 DSP BlackRock Mutual Fund 0.252 JM Financial Mutual Fund 0.099 IDBI Mutual Fund 0.097 Principal Mutual Fund 0.052

Company: Eicher Motors Ltd. Address: 3rd Floor, Select Citywalk, A - 3 District Centre , Saket, New Delhi, Delhi - 110017 | Phone: 011 - 29563722 Website: www.eichermotors.com Registrar & Transfer Agent: Link Intime India Pvt Ltd. Address: Narang Tower 44, Community Centre, Naraina Industrial Area, Phase - 1, New Delhi Email: Delhi@Intimespectrum.com

The Banking industry comes under financial group. It’s a commodity type industry.Industry Strengths Strong demand for banking services including fee based servicesRapid growth in infrastructure to make banking services available through increase in number of branches in semi-urban and rural areasImplementation of technology like electronic funds transfer to make banking speedier and convenient across cities and countriesImplementation of technologies like mobile banking, internet banking which makes banking simpler and bring down man-power costsIndustry WeaknessHigh Non-performing Assets (NPA), especially in public sector banks (PSB) due to huge loans to troubled sectors like power, infrastructure etc,Impact by high RBI policy ratesImpacted by high deposit and savings account interest ratesImpacted by populist measures like waving of loans to farmers and forcing the PSB to lend without adequate security.Growth DriversStrong demand for financial services like housing loans, infrastructure loans, credit cards, mutual funds and insurance business.Increasing availability of banking in rural areas.Awareness of the advantages of using banking services.Rapid urbanization and industrialization leading to demand from small and medium businesses.

Key Highlight of Company Business

HDFC Bank is the country’s leading bank with a balance sheet size of ~INR8.96tn as at June ‘17. The key promoter, HDFC, holds ~21% stake, and FIIs and public hold the balance. HDFC Bank is among the top three players in auto loans, personal loans, commercial vehicles, cash management, and supply chain management.The bank’s strengths include its brand equity, professional management, distribution reach, high CASA, clean book, and focus on profitability.The distribution network comprises of 4,727 branches and 12,220 ATMs in 2,666 cities / towns. Segments and ProductsThe Bank's segments include 1.Retail banking, 2.Wholesale banking 3.Treasury, and 4.Other banking business. The Retail Banking segment serves retail customers through a branch network and other delivery channels, as well as through alternative delivery channels. The Bank provides its corporate and institutional clients a range of commercial and transactional banking products. The Treasury segment primarily consists of net interest earnings from the Bank's investment portfolio, money market borrowing and lending, gains or losses on investment operations and on account of trading in foreign exchange and derivative contracts. The Other banking business segment includes income from para banking activities

Nifty 50

31 January

Axis Bank

Posted by webmasterevermore
Comments 30 comments

Industry Facts The Banking industry comes under Financial group. It’s a commodity type industry. Industry Strengths Strong demand for banking services including fee based services Rapid growth in infrastructure to …

30 January

Bharti Airtel

Posted by webmasterevermore
Comments 91 comments

Industry Facts The telecom industry comes under Utility group. It’s a commodity type industry. Industry Strengths Huge demand in rural areas for communication services. Availability of high speed services with …

30 January

Bharti Infratel

Posted by webmasterevermore
Comments 31 comments

30 January

Cipla

Posted by Trading Campus
Comments 1 comment

Industry Facts The pharmaceutical industry comes under Healthcare group. It’s a Non-commodity type industry. Industry Strengths Growing demand as lifestyles continue to become sedentary leading to particular disorders. Inelastic demand …

30 January

Eicher Motors

Posted by Trading Campus
Comments 4 comments

Industry Facts The 2&3 Wheeler industry comes under Consumer Cyclical group. It’s a Non-commodity type industry. Industry Strengths Availability of finance at cheap rates and through banks and private NBFCs. …

30 January

HDFC Bank

Posted by Trading Campus
Comments 2 comments

Industry Facts The Banking industry comes under financial group. It’s a commodity type industry. Industry Strengths Strong demand for banking services including fee based services Rapid growth in infrastructure to …

30 January

HDFC

Posted by Trading Campus
Comments 2 comments

Industry Facts The Housing Finance industry comes under Financial group. It’s a commodity type industry. Industry Strengths Strong and growing demand for housing loans in cities and small towns Emerging …

30 January

GAIL

Posted by Trading Campus
Comments 5 comments

Industry Facts The Oil and Gas industry comes under Energy group. It’s a commodity type industry. Industry Strengths Hugh refinery capacities in India and now India is an exporter of …

30 January

HCL Tech

Posted by Trading Campus
Comments 3 comments

Industry Facts The computer software industry comes under Technology group. It’s a Non-commodity type industry. Industry Strengths Ability to adapt to latest technology available in the market and acquire different …