Key Points
And that is an area where one will have to be a little bit watchful about because for some reason, if the market trips at this point of time, there is a possibility of a downside, offering opportunity to enter into some of the real estate counters..
Deven Choksey: Well, if you look at the macro space, you would find that 60% of the total savings and investment as a percentage of GDP, goes towards buying real estate and gold and balance 40% goes into the financial assets..
Interesting pattern to study because every time this company takes money from investors and puts money into the capital expansion, after four years the project gets completed and thereafter the reward time starts for this company..
But till the time capex gets over, I guess the company is underperforming as far as the stock price is concerned and that is the time when investors normally end up accumulating this stock to get this kind of return..
Deven Choksey: I am not having a complete coverage on this company, but at the macro picture level, we look at this particular business very carefully and as you rightly said at the end, I think the US retailers have started once again with more confidence in 2024 likely to be, that is where probably you are going to see higher demand for Indian textiles and Indian textile products...
You might be interested in
Deven Choksey on what he likes about Adani Ports, Torrent Pharma now
26, Mar, 24Deven Choksey discusses the positive trajectory of Adani Ports, Torrent Pharma's strategic growth approach, and Tata Consumer's market readiness. The evolving market dynamics favor strategic expansions and operational stability for these key players. Choksey further says that automobile ancillaries give a good amount of opportunity at this point of time.
Market tailwind for next 15 to 20 years? Madhusudan Kela identifies 4 themes
11, Nov, 23“There is a certainty in India that one allows one to think from a 15-20 year perspective. There is a kind of money which we are expecting. I will be personally very surprised that after May election, political instability, if $100 billion does not come in India through bonds and equity. Normally $15-20 billion comes.”
Everything's cyclical! Vijay Kedia’s lessons on how to bear the pain and hold on to good stocks for years
04, Oct, 23“Everything is cyclical or even FMCG is cyclical. Between 2003 and 2009, Hindustan Lever gave zero percent return and between 2002 and 2022, Wipro gave zero percent return. In some sectors there are shorter cycles, maybe one year or two years and in some sectors, the cycles are bigger, maybe for five years or ten years.”
How much of the 2023 frenzy is likely to extend to 2024? S Naren answers
01, Jan, 24S Naren says: “Old investors can stay invested but new money coming in should be spread across asset class. We are much more focussed on the fact that new money should be invested more carefully than taking out old money. Old money can just stay invested. I do not think we are going to see 2020 markets or 2021 market levels easily.”
Airtel weathered storms to emerge as strong institution: Sunil Mittal
26, Apr, 23Sunil Mittal also said that Indus Towers, in which Airtel owns a significant stake, like any other company, will eventually have no choice but to seek legal recourse unless Vodafone Idea starts clearing dues. He added that Airtel is willing to take full control of the company to ensure its viability as it's critical for its infrastructure.
We are very constructive on the entire real estate sector: Harish Bihani
03, Apr, 24So, regardless of what happened in the past month when people got a little worried about the impact on mid and smallcap due to some notification by the industry body or by a certain other notifications, I guess on average you have a decent medium term time horizon. Things are looking fine to us, we have enough ample opportunities to invest and we are looking for ideas all across.
Is the one time re-rating in PSU, defence, railways, banks over? Madhusudan Kela explains
11, Nov, 23“PSU stocks market cap have gone up a little more than 3x in three years. But there are individual companies, within this basket, of course, that have given 500, 800, 1000%, 1500%, 2000% returns. PSUs are clearly the leader of the market. I still feel that, PSU banks are quite compelling. I do not think they have peaked out.”
Accumulate quality stocks; overweight on banks, financials, real estate: Gaurav Dua of Sharekhan by BNP Paribas
01, Aug, 23Gaurav Dua said autos and financials have come out of a multi-year downturn and the upcycle is likely to last for the next couple of years. He said one should accumulate auto and financial stocks in a staggered manner.
8 capital goods & insurance stocks that can be wealth creators: Sanjiv Bhasin
16, Nov, 23“In the capital goods space, Cummins, Thermax, Bharat Forge and L&T are four of the choicest names. You can add an ABB. Three insurance names – SBI Life, ICICI Pru, and HDFC Life – in tandem could be very good wealth creators over a period of time and this distribution channel, particularly brokers, exchanges, insurance and the AMCs are a very good long-term bet.”
ED arrests Supertech owner RK Arora over money laundering case
27, Jun, 23Buyers from Delhi, Uttar Pradesh and Haryana have filed over 20 FIRs against Arora. In April, the ED had attached assets worth more than Rs 40 crore of the real estate group and its directors