Key Points
A Sebi inquiry on the Adani Group has left investors watchful of Adani Enterprises..
KRChoksey Holdings' Deven Choksey is confident about the firm's current valuations and believes it may appreciate from current levels by 15% to 20%..
However, Choksey said he would like to remain cautious, as apart from the foreign portfolio investors, no big investors from the domestic turf have invested in the company..
As I said, fundamentally we remain convinced about the current valuation and hold the belief that on the current valuation, it may appreciate from current levels by 15% to 20%...
I have not completely gone to a full rationale of how exactly it will look like eventually without the portfolio as far as current Siemens is concerned post the merger, but I believe that given the kind of strength that India is demonstrating on the front of higher amount of capital investments, companies like Siemens and ABB would have relatively better time to talk about...
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