2012 Tidbits

RIL was the biggest drag on Nifty in last 5 years. The year is over now but we thought we’ll leave you with some tit-bits on the year that has gone by. Sure you may like to share your own bit of memorable moments. Before we look back at 2012, a little bit of trivia on 2013. It’s 25yrs since we got a year with all 4 digits being different (first year since 1987). Best Sectoral Performance of 2012: Real Estate : +58% in spite of <27% return from 42% of the index..(DLF/GPL/PARSV were the laggards). 2nd Best Index : FMCG +50%... Year of Broader mkt recovery: 53 stocks gave more than 100% return in 2012 (range being +800% to -90%). Among these, the only names with more than 20 BUYS at the start of 2012: Shree Cement / Sobha Developers… Biggest Drag on Nifty in last 5yrs: RIL – the darling of investors once upon a time. RIL (-313pts) vs Nifty -175pts; and ITC (+330pts). Biggest Drag on Nifty in Last 3yrs: RIL (-135pts) vs Nifty +735pts; and again ITC (+285pts). Worst Performing stock in BSE 100: Infosys - Had less than 10% SELL Recos in 2007 (one among being IIFL’s first print report on the sector "Juiced"). 41 BUYS as of 2012 beginning is now down to 30 BUYs as of 2013 start; for a stock well covered by 73 SELL Side Analysts…more than Apple with just ~20% of the latter's mkt cap.. 3yrs of Polarised Mkt: Top 10 performers: ITC HDFC Bank HDFC ICICI Bank Hindustan Unilever TCS Tata Motors Mahindra Sun Pharma Axis Bank Top 10 Drags: RIL BHEL STLT TATA INFY JSP SAIL RELI NTPC RCOM These stocks contributed 480 pts to the decline even as Nifty rallied +735pts. How much FII money Indian Equities need to perform in 2013: 2007: 74% USD return @ $17bn inflow; 2012: 24% USD return @ $24bn inflow ($4.2bn inflow in Dec for a flat market) Best NPA recovery rate among Banking Stocks: Karur Vysya, 2002-2012, 81% of NPAs recovered. 2002-2012: returns compounded at a faster rate than HDFC Bank. Still will give 30% return even if it goes to 2x P/B.