Top-100 Stocks – Evaluating The ‘Popularity’ Quotient: Motilal Oswal Analysis

Analyst sentiment, which is measured by the proportion of Buy/Hold/Sell ratings, has not changed much over the past year.
<div class="paragraphs"><p>Source: Wance Paleri on Unsplash&nbsp;</p></div>
Source: Wance Paleri on Unsplash 

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. 

Motilal Oswal Report

As a part of our continued effort to provide a broad and informative perspective of the market, we, in this report, will pore over the Top-100 stocks by market capitalisation taking consensus data sourced from Bloomberg.

The basic criterion of our study is that a minimum of 10 analysts should cover each stock. We will try to uncover:

  • which stocks are the most favored on the street and how they have performed over the last one year, and

  • what is the possible target price upside for the said universe, both at sector and stock levels. Notably, the Top-100 pack constitutes 68% of India's market capitalisation.

Analyst sentiment, which is measured by the proportion of Buy/Hold/Sell ratings, has not changed much over the past year with the percentage of Buy ratings moderating to 71% from 73% a year ago. Further, the percentage of Hold and Sell ratings stood at 17%/12% versus 16%/ 11%, a year ago.

Sentiments on capital goods, private banks, healthcare, real estate, and pubic sector undertaking banks have been positive with their coverages improving 11%, 8%, 6%, 5% and 4% YoY, respectively. Conversely, metals, utilities, non-banking financial companies (due to a drop in coverage of Housing Development Finance Corporation Ltd.), telecom and automobiles have taken a hit, with their coverages dropping 10%, 10%, 7%, 5% and 4% YoY, respectively.

Click on the attachment to read the full report:

Motlal Oswal Strategy - Top 100 Consensus.pdf


This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

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