Weekly Fundamental Podcast by Rini Mehta | 4th Dec 2023

Highlights of 4th December Fundamental Weekly Podcast:- Both Nifty and Sensex gained ~2.3% while Nifty Mid-cap gained 3.2% and the Nifty Small-cap gained 3.2%.- On the economy front, real GDP growth of 7.6% in Q2FY24 came in ahead of expectations, led by strong investment growth (11% YoY) and government expenditure (12% YoY).- In Flls continue to be a net cash buyer to the tune of Rs. 8,219.76 crores, to date in Nov'23.- PICK OF THE WEEK – Samhi Hotels - TARGET - Rs 230- SAMHI is among India's largest hotel ownership & asset management platforms- Portfolio of 4,801 keys/31 operating hotels, built through an acquisition led- strategy- Revenue/EBITDA CAGR of 24%/27% over the next three years- We expect earnings per share (EPS) of Rs 6.0 in FY25E and Rs 9.2 in FY26E#KotakSecurities #FundamentalPodcast #WeeklyInsights #MarketInsights #Equity #PickOfTheWeek #SamhiHotels #StockMarkets #Trading #Investing