Investor Confidence | Yes Bank, Suzlon and Vodafone among firms with most public shareholders

The private lender seems to have regained investor confidence over the past year after a Rs 5,000-crore fraud pushed the bank on the brink of collapse. While it is way off its highs, Yes Bank’s share price has gained nearly 18 percent in the past year.

In a bid to transition to clean energy, Tata Power has been an attractive proposition for shareholders looking to benefit from the country’s move away from non-renewable energy. In a recent note, rating agency Crisil revised its outlook on the company from “stable” to “positive”. This comes on the back of a notable uptick in operating profitability and a strong financial performance.

The company lays emphasis on maximising shareholder value. While the quality of business metrics and financial profile may vary from one Tata group company to another, investors have been unanimously confident of the group’s quality of governance, and core value system.

The country’s leading EV manufacturer counts the late Rakesh Jhunjhunwala as a major investor. The company has been a darling of investors this year, gaining the most among all major automobile stocks. Its strides in the EV and SUV space make it a good bet among retail investors.

The Mukesh Ambani-led company has several key factors that make the stock an irresistible inclusion in one’s portfolio. While its main business entails oil and gas exploration, it is certainly a big competitor in the other industries too. Telecommunications, fashion, electronics, textiles, and media are spaces where the Mumbai-headquartered company has consolidated its position. Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

The cigarette and FMCG major has performed well on the bourses, gaining nearly 80 percent since the start of the coronavirus pandemic. At a time when uncertainty looms over the industry largely due to high inflation and continued weak rural sales, ITC’s recovery in Cigarette volumes offers decent earnings visibility at reasonable valuations, analysts say.

With the biggest IPO ever, analysts believe the insurance major has levers in place to maintain the industry-leading position and ramp up growth in the highly profitable product segments, mainly protection, and savings annuity.

Despite mounting losses and the overall turmoil around the telecom major, investors don’t want to let go of the stock. Priced at about Rs 14, its affordability makes it a buy.

There’s no surprise when it comes to banking, and to the biggest private lender in the company. It is estimated that there is high growth potential in the lender on account of good capital position, revenue and cost synergies arising out of the HDFC merger, which will aid growth and profitability.

Given its stature as the largest public sector lender, the stock seems to be a safe investment. Analysts say the bank is well-capitalised to handle any additional risk on its portfolio due to uncertainty. SBI’s asset quality has also steadily improved over the years.

The IT sector has been one of the worst-hit in recent months as people returned to offices and students to classrooms, putting a stop to COVID-led gains. Rising interest rates are a worry and Russia’s invasion of Ukraine has been another dampener. This is because recessionary fears and a possible economic crisis have forced companies to lower tech spending. The company boasts of a large retail investor base and remains among a few IT companies on analysts’ favoured list.

In a span of six months, the share price has gained 323 percent following the company’s increased push towards sustainable energy and the government’s emphasis on renewable sources. Since the start of 2023, the company has won multiple projects. These factors together make it an attractive buy for investors.

The IT major, like other companies in the sector, has been on the receiving end of the post-COVID slowdown and the Russian-Ukraine war. Deal wins coupled with the resilience observed in the first half of FY24 are expected to provide support, and mitigate the potential downside impact on the full-year FY24 figures.

The Tata group is one of India’s oldest conglomerates and arguably among the very few to have consistently retained shareholder confidence across businesses. Much of this confidence is attributed to the company’s prudent cash flow management, efficient capital allocation strategies, healthy business partnerships and the ability to execute strategic manoeuvres.

The railway company has been on the up ever since regular travel resumed after the pandemic. Extensive connectivity plans by the government have also added to the momentum, leading investors to buy the stock.