Key Points
Samir Arora, the Founder of Helios Capital, is not actively searching for new multibagger ideas, though he has previously profited from stocks such as Zomato, Paytm, Adani, and IDFC First Bank..
Although he didn't expect the run-up seen in Zomato and Paytm stocks, he plans to hold them as long as there is no sudden negative impact.ETMarkets.com..
Samir Arora, Founder, Helios Capital, says when he bought Zomato, Paytm, he never thought that there would be this kind of run-up..
My general big picture logic is that if a company and we are basically talking about Infosys as a bellwether it is highly unlikely that you disappoint in one quarter and then two and a half-three months later say everything is fine, I just overdid it...
But in general, when the market becomes a little broader, as it has now, then the returns in some of these stocks can be very good and make up for the fact that our number one holding, which is HDFC Bank, is not moving...
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India too big to ignore; where to find value in a market hitting record highs? Samir Arora answers
20, Feb, 24Samir Arora, Founder of Helios Capital, discusses the performance of HDFC Bank, his investment in Paytm, and the attractiveness of PSU names. He highlights the impact of mega trends like digitisation and China plus one strategy on the Indian market. Arora also emphasizes the importance of FII flows. Many investors following trend had landed up in China and put big amounts and have burnt their fingers. They now want to come to India