INSUBCONTINENT EXCLUSIVE:
G CHOKKALINGAMMD, Equinomics Research Advisory
I am holding Aurobindo Pharma at Rs 612, Godrej Agrovet at Rs 613 and Capital First at Rs
652 and Bharat Dynamics at Rs 410
depreciation could augur well for Aurobindo, attractive valuations after severe corrections in the stocks prices in recent times could give
opportunity in the next two years to make money in these two stocks
However, even after significant fall in stock prices, Godrej Agrovet trades at exorbitant valuation of over 44 PE on FY18 earnings without
any solid growth in profits
So sell this stock, if there is any tactical upswing in stock price
Sell Capital First at a price of around Rs 680 as after its merger with IDFC Bank, it might lose charm of sleek equity and also its
valuation multiple has gone up significantly after recent run-up in the stock price.
I bought 80 shares of Rain Industries at Rs 466 for 1-2
Stock seems to be cheaply valued at current earnings but it may remain so as over Rs 6,000 crore of intangible asset is in the form of
Exit if it moves beyond Rs 230.
I am holding 200 shares of Idea at an average price of Rs 188 and100 share of Patel Engineering at Rs 91
competition from social media for voice calls and aggressive competitive pressures from Jio
However, in about two years, prospects are likely to improve
Hence, you may hold it for 2-3 years to reduce your losses
Sell Patel Engineering, if the stock touches close to Rs 55 as its balance sheet remains under pressure.
I hold 75 units of Tata Motors at
Rs 267, 50 units of Motherson Sumi at Rs 325, 100 units of Waterbase at Rs 293
Please suggest what to do
uncertainty arising from the success of shifting from diesel to petrol cars in UK
Hold only if you are a long term investor
Hold Motherson Sumi with a target price of around Rs 340, which is about 25 PE on FY20 expected earnings
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