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Search resuls for: "Gurmeet Chadha"


7 mentions found


☆ BJP set to win three of four key India state polls in boost for Modi
  + stars: | 2023-12-03 | by ( Yp Rajesh Rupam Jain Krishn Kaushik | Yp Rajesh | Rupam Jain | ) www.reuters.com   time to read: +4 min
"We always said we will win the heartland states," BJP President Jagat Prakash Nadda told Reuters. However, a 28-party opposition alliance led by the Congress party has come together to jointly fight BJP, posing a new challenge. But the alliance did not feature in the state polls due to internal rivalries and it was a direct contest between BJP and Congress. Politicians and analysts say state elections do not always influence the outcome of the general elections or accurately indicate national voter mood. Results of the last round of state elections before national elections have been misleading in the past.
Persons: Stringer, Narendra Modi, Modi, Rahul Gandhi, Jagat Prakash Nadda, Jyotiraditya Scindia, Gandhi, Supriya Shrinate, Gurmeet Chadha, Ira Dugal, Lincoln, Christopher Cushing Organizations: REUTERS, DELHI, Bharatiya Janata Party, BJP, Telangana, Reuters, Developmental, Congress, Thomson Locations: Madhya Pradesh, Indore, India, Rajasthan, Chhattisgarh, Telangana, Karnataka, Mizoram, Mumbai
☆ HDFC Bank is 'absolutely' a buy, says wealth management firm
  + stars: | 2023-07-03 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHDFC Bank is 'absolutely' a buy, says wealth management firmGurmeet Chadha of Complete Circle discusses the merger between HDFC and HDFC Bank, and says HDFC Bank is clocking in 15% to 16% of credit growth.
Persons: Gurmeet Organizations: HDFC, HDFC Bank Locations: HDFC
☆ HDFC Bank vs. SBI? This strategist names his favorite stock pick among Indian banks
  + stars: | 2023-04-13 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +3 min
Despite the benefits of heavy deposit flows and strong deposit growth in a slow growth environment, State Bank of India (SBI) has seen its stock price fall year-to-date due to its controversial exposure to Adani. The consensus price target of all analysts compiled by FactSet also points toward 717 rupees a share, which represents a 36% upside. SBIN-IN HDFCBANK-IN 1Y line SBI shares are also traded over the counter in the U.S. and the London and Frankfurt stock exchanges. HDFC over SBI If taking a more constructive long-term view on Indian banks as a whole, Chadha prefers HDFC Bank over SBI because it is merging with HDFC — which he describes as having "huge implications" — creating an almost $300 billion financial behemoth. HDFC Bank shares are up 4% this year and analysts' price target points to a further 13% upside over the next 12 months.
☆ Strategist names his favorite stock pick among Indian banks
  + stars: | 2023-04-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStrategist names his favorite stock pick among Indian banksGurmeet Chadha, managing partner and CIO of Complete Circle, explains why his favorite stock pick among Indian banks.
☆ HDFC and HDFC Bank merger will have 'huge implications,' says wealth management firm
  + stars: | 2023-04-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHDFC and HDFC Bank merger will have 'huge implications,' says wealth management firmGurmeet Chadha of Complete Circle discusses whether he prefers HDFC Bank or State Bank of India.
☆ Instant View: India's Adani calls off $2.5 bln share sale
  + stars: | 2023-02-01 | by ( ) www.reuters.com   time to read: +2 min
NEW DELHI, Feb 1 (Reuters) - India's Adani Enterprises (ADEL.NS) on Wednesday called off its $2.5 billion share sale, citing market conditions, a week after a U.S. short-seller's critical report unleashed a rout in the wider Adani Group's stocks. COMMENTARYDEVEN CHOKSEY, MANAGING DIRECTOR, KR CHOKSEY SHARES AND SECURITIES"In the given situation, when the entire environment has become negative, it is good that the share sale is withdrawn. GURMEET CHADHA, CHIEF INVESTMENT OFFICER AND MANAGEMENT PARTNER OF COMPLETE CIRCLE WEALTH"It was the right thing to do. It must have been a hard decision but it was the right thing to do. To go through this exercise of a share sale and to call it off raises more questions."
☆ Fund manager says he likes these Indian banks
  + stars: | 2022-09-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFund manager says he likes these Indian banksGurmeet Chadha of Complete Circle says the banking sector tends do well when interest rates rise.
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