Saurabh Mukherjea: 'HDFC Banks Results Were Solidly Reassuring' | Beat The Street | Nikunj Dalmia
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- Опубліковано 14 чер 2024
- Beat The Street: Saurabh Mukherjea finds HDFC Banks earnings solidly reassuring. HDFC Bank with ~10% weightage in flagship product. Merger Synergies haven't kicked in for HDFC Bank. Will Stay Invested In HDFC Bank. Have Invested in specialty Chemicals for many years. Watch Saurabh Mukherjea, Marcellus Investment Managers with Nikunj Dalmia on ET Now.
#saurabhmukherjea #hdfcbank #nikunjdalmia #beatthestreet
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I have no problem with hdfc bank, except that Mukherjee is recommending it. He has an impeccable record of converting good stocks into dust😂
same fear for me also 😀😃
@@sanjaydawda324he should have called his book diamonds into dust😊
Did he take name of Bajaj Finance, if yes then I am selling it tomorrow
Such a smooth talker, knowledgeable and visionary personality Saurabh Mukherjea is!
I can listen to him peach the whole day. This is why I blindly Short any stock he buys.
I've beaten him for the last 5 years and last year my portfolio was up 14% and unlike his -14 i didn't even pay any management fees.
Right you must've shorted Bajaj finance when it halfed 4years ago. You little con star😂
And also you must've shorted ltts double quantity as contrary to saurabh, ltts is up 50% from where saurabh added more position. You little corn star🤣
Abhi relaxo ki chappal dikha dega
Oh he exited from relaxo
@@nabighjamil3897 sun be mulle joke tha gandu. Aukat me rha kar k2a bhenchod sala.
Mere last year ke returns 67% the. Apna number bhej proof de deta hu.
Index beaten him man , no need to brag
Saurabh is super hyped..his PMS is seeing high redemption now..
My return in the last 3 years is much higher than this over hyped PMS manager ..all the best ..
@@user-ux3he1yc4vare you paid by Saurabh to defend him?
@@user-ux3he1yc4v his fund goes -14% where's nifty given +22% last year this one is the worst performance over pms .
@@user-fk8ky2ms6d It is not just that they are not getting substantial alpha over the benchmark. Buying stocks at ultra-high valuations has never ever worked in any country over the long term. It might work for a few years but not over decades. The main issue is Saurabh's arrogance. He believes and behaves in a way that he is better than the rest of the fund managers despite giving below-average returns. He jumps in stocks when they are already hyped and rallied and expensive. It seems like he is not an investor but a momentum trader.
I heard his redemptions are 100cr per week..in 1 yr he will be 0...anda client
Hate towards Sourabh reminds me of people cursing ITC in 2021.
Look at where ITC is now.😂
plz check what he used to say about ITC when ITC was trading around 200... He exited at 200rs...in HDFC AMC he exited after negative 40 return
General rule of thumb is buy when Marcellus sells
He exited ITC at 200 rupees bro
He sold itc at 180 stating will not grow as per his standards 😂😂😂😊
Brother, stick to FDs.....you'll make more returns there than by following Mukherjee.....by an order of magnitude
The only problem with Saurabh is he prefers (excellent business at over-the-top valuation) over (good business at reasonable valuations) almost 100% of times. Almost all his stocks are very good businesses but most of them are not at decent valuations. Indian Market , unlike USA looks at valuation as much as business outlook.
Let him. What is your problem.😮😮😮
@@Nishpaqshbro is destroying wealth of his clients. Since he takes public money he's allowed to be criticised
It's like munger vs buffet
Munger prefers quality and buffet preferred value but it was munger who convinced buffet saying in the long run, quality will deliver better returns. Chill pill bro
@@Kush_jin the long run, he wont
dont be quick in judging. Its long term game. Only time will tell.
He is the barkha dutt of stock market.
😂
Indian market is saturated. Time for HDFC or ICICI to go on the path of JP Morgan or Goldman Sachs . That's the only way out .
ET you should have asked about Polycab and his stand point.
Saurabh must feel the pinch HDFC Bank is his top bet. Must say I was expecting the stock to correct given the mahual building by the channels that results were below market expectations but a 5% fall was unexpected.
and its 8% now at EOD
Tomorrow 5-6 % again down
Again nxt day down 2pxt
It took just 3 months for Indusind bank to come from 1500 to 250 in 2020. Don't want to jinx anything but I guess people are going to be pissing in their pants soon!!
Today it stands 20 percent down from its peak of 1709
About Saurabh everyone must be clear he was saying same thing about Relaxo and Asian paints and then he sold all his holdings, to iske chakkar me fasega jo barbaad hi hoga, he is saying this so that he gets a chance to sell his holdings while the stocks price doesn't dips further
Despite so much hatred for him, everyone who is cursing him, has still come here and watched his entire video! What does it say?
No people came here to troll..
Entertainment is required sometimes
They come to mock him. People enjoy other people failure more than success. Instinctively it increases their chances of survival.
@@rahulgaikwad251where were they when his portfolio doubled four years ago
@@nabighjamil3897he is past now.
@@user-fk8ky2ms6d just by reading your comments makes me laugh. I can surely say you haven't seen the market for more than 5years. You guys have no idea what markets are. Check history. Markets sometimes underperform for years. These are common. But guess y'all little bull run femboys only care about buying brightcom share.
Saurabh saying:
I) "Small cap valuations completely out of sync" Now question is, his investment philosophy is to bet on horses which already won the race. Put your money in great companies with great management with good ROCE and earnings growth. Now when small cap companies beginning to show these characteristics, he's talking abt Valuations.
I'm surprised Nikunj didnt ask him, from when Saurabh started to look at valuations and if he indeed did then how Saurabh assesses valuations.
II) Red sea induced freight cost increase will affect China and not India. What is that logic? India will also supplies through same route as Chinese.
Not a single pms of his beats nifty..better to invest in index funds
In last 5 years it has given ONLY 57% returns so I don’t know how long is longterm??
3 to 5 yrs is mid term.
Long term is anywhere from 7yrs to decades.
Why marcellus pms
Is not performing well
Whatever he buy become cursed 😂😂😂😂 no matter how good company is
For me the worry is he also invested in clean science
@@anjanjds8720 clean science ne toh investors ko clean kr rakha h
saurabh stick to his atocks strongly stocka fall also he not change his words unlike others
Other investors not reveal stocks names.. Great saurabh
market is about numbers, the stories (extreme long term future discounting is easy ) have no meaning...those who are selling today aren't buying his opinion? I am sure its not falling on a retail selling.
Great
What retailers are missing is that its ok to listen to him. Understand what he says and swing trade in these stocks. Do some technical analysis homework. Isko bekaar bolne se koi paisa nahi banayega. Its Saurabhs problem that he cant trade but no body is stopping retail public to move in and out of these stocks.
Little retailers who close to a loss each financial year are quick to come here and criticise.
He sounds more like promoter of his invested companies.
TCS is hovering around 3200/3800 since last couple of years..
In next 2-3 years you will see at 6000 levels
All it stocks still at reasonable valuations, slow down in us economy also one of the main reasons. Check for 10 Yr chart you will surely understand the tough periods and then it was rallied 2x 3x in no time.
In my opinion people take tcs now will most probably will see atleast 18 to 20 percent cagr.
Naah TCS is overvalued even now
@@Anju760 yes , when we compare with other IT stocks it's still over valued
But soon earnings will improve may be with in 1 to 2 years
The growth in earnings and EOS has come to a crawl...almost flat. I don't see how someone can find the results reassuring. No wonder the market is svcording HDFC bank a much lower PE rating as compared to its past! 😢
HDFC mgmt should come forward and give a better commentary to safeguard investors. This is ridiculous fall and management is careless.
Why his PMS is underperforming for such a long time
Because he doesn't consider valuation for buying any stock and more worse believe that trent can become 100 times bigger than current surpassing gdp of many nations.
Yet he is called to guide others by giving his views. Worst Fund Manager
Tata Consumer Products is going to outperform the index over the next many many years. Does Marcellus have it in their PMS yet?
Hepful
But then who sold such a big quantity ?
why is HDFC getting destroyed even when the Q3 results are good?? please tell
It's a rule if results good it will fall
Because saurabh has invested in it
Loan to deposit ratio is 110%.
NII or net interest margins are 3.4% down from historical 4.3% . Casa is down . Valuations are higher then others . Questions over asset quality and NPA
CASA down to 35%, NIM @ 3.4 much lower than pre merger, net profits managed with Lower tax provision and write back, CD ration @ alarming 110% instead of 85% pre merger, If deposit rates are upped it will hit ROA and NIM , 8000 branches to be scaled up to 13,000 which is humongous which will lead to huge increase in operational cost, It seems the bank is in panic rush to increase the no. of branches, Why Mr Mukherjee finds results reassuring only he can answer. SBI offers far better value than HDFC.
Mukherjee is confused about which orifice to speak from....😂
Murkhjee has his orifices messed up
SBI is the bank which is actually at mouth watering valuations. You can add LIC housing finance from midcap to that list.
Have you noticed that in the last few years, Banks interest rate on deposits have remained more or less constant but they have been growing their balance sheet. Banks like Federal Bank, HDFC etc rates on FD are very low. This is probably because, these banks are approching the market to issue bonds for specific amount for their growth capital instead of increasing the deposit. This is because if they increase the deposit rates, existing customers will close their existing deposit and rebook. This will have an impact on their entire deposit portfolio. So they started this trend of getting private placement of bonds for specfici amount at higher interest rates. The risk was contained only to this specific amount. This to me was their strategy. This has resulted in RBI calling them out and asking them to curb the lending vs depoist gap. Since RBI has indicated this, they will be forced to increase the rate. Bank like IDFC which was living on higher interest rate has over a period reduced the rate to something like HDFC. How can they manage, only this way. Look at Federal Bank a relatively small bank, who is offering such low deposit rates. Small finance banks scene is different as if they go for private placement, the rates offered should be sizable and hence they offer higher rates for shorter tenor
He is the only guy who finds HDFC banks result reassuring. Bro has highest position in HDFC. Investors are hassled. This man laughs. He has no shame.
He sure is laughing but the joke's on the idiots who think he's the works.
Sad - a fool is soon parted with his money.....people like Mukherjee are created by God to help with the process 😂
He is earning krodes and lauging to the bank
New channels and some of these Analysts/PMS owners are like - You scratch my back and I scratch your back.
No tough questions asked. Same old rhetoric from the speakers too.
Unfortunately, we the investors spend time watching such shows
UA-cam recommending me this video after 6 days (The stock has corrected approx 15%)
All his 5 PMS are worst performering PMS out there, yet he is called to guide others. BLIND LEADING BLIND.
What’s point adding 1400 branches each year … it’s age of digital banking
Name a single bank in this country which has been able to scale up deposit base without having physical presence😅. Without having physical presence it's not possible to acquire customers and setting up collection team. Remember in banking business trust is the most important parameter which can't be built over digitally.
@@sambitkumar4197 bhai, bachha hai jaane dooo 😁😄
Indeed, actually beaches should be closed to cover expenses
I think SBI is better than HDFC now for investment
icici and idfc fb is better. bajaj finance is even better if you consider nbfc
What return can be expected from Bajaj finance @@shivammaheshwari5519
Is saurabh Mukherjea tying up with VT MARKET?
Duniya bhar ka gyan pel diya per hdfc is still in 2020
Source is good for talking only. His all PMs are half of index return from inception. All time horizon his fund is giving much lower return than index returns. He needs to learn to deliver his talk.
Saurabh's biggest mistake is he is paying high for past returns with the flawed assumption that future returns would be the same. This would not be true for many companies.
Absolutely true. He will not face any issue on companies like TCS, HDFC Bank etc. as they would always recover from corrections due to strong fundamentals. But small and mid caps are easy targets for pump and dump.
IN THE END ONLY EPS MATTERS...PAT kam tha tobhi woh ekbar 87EPS pe gaya tha...PAT badha but EPS is less
Thats true , at the end only EPS matters. How comes some brokerages said 35% increase in profit when HDFC and HDFC bank merged
@@aaronwesley6 in the end retailers r trap if we follow only news...plus if we now do the analysis after this fall 3Year return of HDFC BANK became zero....
He will buy more
Is Saurabh says buy , then we must all sell.
Same old scripted talk for the past 2 years. Its like a ad. Almost self validating himself his" PMS, His Parents and his 9000 investors".
H ecomes accross as quite stubborn. One man show is dangerous
Saurav is Soar Looser and biggest lier..... his portfolio has lowest return amongst all PMS
1400 branches in digital world is not a good proposal
Most will be in rural areas where there is no digital world
The thought of Ms. Banerjee must be even scarier to Saurabh. Hey Ram.
Saurabh's Recommendation can make diamonds into dust 😂😂
⚠️Thanks for advance warning ⚠️
Always underperformed his fund uselesss
I think Target is 1520 - 1500, stop-loss 1460
Stop loss triggered 😅
@@shivkasana1585 then it may go down below 1300, NIM and CASA is very poor.
U should never invest in a bank when writeoffs n provisions are going high
"Leave aside political results", "Leave aside Middle East conflict" - Bhai if you leave aside everything and just use a blank slate, then on what basis are we saying market will perform? Interest rate cuts are heavily tied to oil prices and middle east conflict. How can we leave that aside? If the conflict does not subside, market and especially hdfc is not going to move up.
Leave aside saurabh murkhjee
Nifty50 performs better than Marcellus
Buy pnb tgt 135
hdfc bank se paisa utha lo guys.aaj stock 9% gira he. global unstability jyada he. psu banks me rakho safe deposits + fd.
This is what delusion looks like
Bhai relaxo ki chappal pahn kar stock bech diya
Ab HDFC ki baari hai
he is the indian version of cramer🤡
Saurabh Mukherjea is the worst fund manager in the country. Total loser and wealth destroyer. Why don’t channels put up his Rising Giants performance. Inviting this smooth talking man is misleading for viewers.
So true, channels should invite him and discuss about his 5 PMS schemes performances
dont their investors ask these questions@@aaronwesley6
Banks have given negative returns in the last two years
Well he can bet half of his house on it then. 😂
😂😂 saurabh ji. Ne bahoot achha maal liyaa hee HDFC
Bhi technical uar valuation nam ki bhi chij hoti hai ye log samghte keu nahi hai , i know fundamentals of a business but ye nahi hai ki mai technical sut valuation ko ignore kar du but ye so called padhe likhe log kuch gyada supreme smaghte hai
Srv hollow analyst
Please don’t invite him
JETAN SHAH IS THE ONLY ONE MAKING MONEY BY CHAT GPT SALES FOR ALMOST 2 YEARS ...( EXPORT 🤣🤣)
Bullshit, high in talks and low in deliveries
How much lie and stories you are going to spread
This dude has no idea about markets.
Wait a bit and you'll see Saurabh fanboys and shills defend him like their life depends on it.
If you ask them to invest with him they'll make a 100 excuses since his past year returns have been horrible and his fund has underperformed consistently since it's inception.
Haan bhai tughe jayda pata hai, kyu ki tune Scam series dekhi hai, aur agla Harshad Mehta tu hi hai.
Aajkal koi bhi aatu zh2 kuch bhi comment kar deta hey 😂 unemployed jio user
Saruabh believes trent can become 100 times from here surpassing the gdp of many countries 😆
@@sg042 sasta nasha hai , sharab me ek dhakkan asian paint is dalo to aise bate ap bhi kar sakte ho