PIPER SERICA

While the final results might differ from the exit polls, the strength of the projected victory is expected to benefit risk assets. Should the June 4 results align with the exit polls, analysts expect the NSE Nifty 50 Index to reach a new record

Motilal Oswal Financial Services Chairman & Co-Founder Raamdeo Agrawal said that post-election will be a "very interesting time though things may have extended a little bit and it is quite possible that the next quarter or two could be slow.

Abhay Agarwal, Founder & Fund Manager at Piper Serica, discusses market focus on earnings, growth, and India's economic potential post-event. Grasim's expansion into the paint segment and Titan's nervousness are key points. Agarwal also says he expe...

Founded by Manoj Gupta and Gunjali Kothari, Flashaid is working on exclusive tie-ups with insurance companies to tailor-make products and partner with e-commerce platforms and brands to distribute insurance to their users.

Abhay Agarwal says "we have recently rebalanced our model portfolio, booked some profits in small and midcaps that we have over allocated to last year at the same time and redeploying them in largecaps where we see more value now. That is the only c...

Education technology startup MyCaptain has raised Rs 14 crore funding from investors including Inflection Point Ventures, MyNavi, Piper Serica, Super Capital, and Ankur Capital. The company plans to expand its hybrid programmes and reach 50,000+ yea...

On the market construct itself, I think there is bound to be volatility in a rising bull market that we have had not only in India but even in the US. There will be days of sharp corrections and people will just have to get used to them.

Abhay Agarwal says: “As fund managers look for newer stories, newer opportunities, financial services, unless there is a very high growth stock, there is very little appetite to add now, right now. Where the action is still emerging in the financial...

Abhay Agarwal says: “On-ground managers like us, we are always looking for opportunities where in a bull market, there is still a bear market going on. That is where we frankly find our multibaggers, so to say, because in a large market, not everyth...

“I do not think anybody is going to wait for the next six months’ outcome. People are going to rush in and start allocating their longer term bets now and that is what is going on when we talk to the foreign investors. Everybody is asking for new id...

“Among the largecaps, we have added Reliance, Kotak Bank, Dr Reddy's and Divi's. We are turning quite positive on largecap pharma segment because after years of struggle with pricing and volumes in the US markets and the struggles with US FDA, this ...

“In the largecap defensive universe, ITC is the most defensive stock. Pretty much all their businesses are firing and the FMCG business has actually surprised a lot of people on the growth and the margins that they have generated and they continue t...

“More people are selling these bonds than buying them. So we could get trapped into a credit spiral and any kind of unforeseen event, a bankruptcy or a blow up in a hedge fund will turn everybody very cautious and people will run for exits and the c...

Piper Serica founder and fund manager Abhay Agarwal is looking towards "bottom of the cycle" areas where industries such as agro chemicals and fertilisers are undervalued and investor opportunities are overlooked. One such area is textiles, which ha...

Piper Serica is happy to add to its position in smallcap banks like Catholic Syrian and South Indian Bank as they see these banks as structural stories for the next four to five years. The solid credit demand environment from both retail and corpora...

“On a qualitative level, we have seen that there is margin pressure and the reason for that is many of these companies are unwilling to let go of market share or let go of volume. They are compromising on margins, absorbing the raw material prices i...

"We believe autos, especially 2-wheelers, will see a positive demand environment. IT services will continue to do well. CDMO and CRO companies will also catch investors' fancy as these businesses have higher margins and Indian companies are at the c...

“Piper Serica’s Angel fund mainly focuses on start-ups with exponential growth models. The fund aims to be a seed-to-IPO fund and will stay with its winners for a period of up to 10 years and to reduce the risk of high mortality,”

“There were some stocks that we always wanted to buy but we found them to be expensive. In this correction, we have got the opportunity to add them to our portfolio and two of them are Divi's Lab and Larsen & Toubro Infotech (LTI), two companies tha...