Weekly Fundamental Podcast By Rini Mehta | 21st Aug 2023

Highlights of 21st August Fundamental Weekly Podcast:- Sensex and Nifty declined while BSE Mid-cap and BSE Small-cap indices saw some corrections.- India's CPI inflation in July 2023 surged to 7.4% (from 4.8%in June 2023), due to high vegetable prices.- Flls continue to be a net seller to the tune of Rs. 10,925 crores, to date in Aug'23.- Q1FY24 results showed weakness in consumption demand; however, investment demand continues to be strong.- PICK OF THE WEEK – ASTER DM - TARGET - Rs 350- Aster DM posted yet another healthy performance in 1QFY24.- Though Aster DM has shortlisted a bidder for the long-awaited GCC stake sale, the deal is yet to be finalized.- Aster DM to report a healthy EBITDA CAGR of 17%over FY2023-26E.#KotakSecurities #WeeklyFundamentalInsights #WeeklyOutlook #StockMarket #StockMarketIndia #Stocks #Trading #Investing #ASTERDM