Key Points
Sanjiv Bhasin, Director, IIFL Securities, says mid and smallcaps have corrected 80% from the highest they have been and this was more of an induced correction..
Further, most of the pain has been on a missed out rally on the PSUs and any fall over here now would be a buying opportunity. In midcaps, Hindustan Copper makes money hands over fist and that is my top pick..
Ramco Cement is my top pick. 2.3 times price to book, enterprise to EBITDA it is trading at the lowest in the basket and cement prices I think are round the corner going to go up, plus Rs 2 fall means fuel costs will be saving and also by the way petcoke prices have fallen very sharply which again is a positive for Ramco..
Sanjiv Bhasin: I like Dhanlaxmi because you cannot have Rs 1,000-crore market cap on an asset which is growing very fast and they are now one of the best players in CASA ratios, a reason being the inflow of money from Kerala and the NRIs and in agri and gold, they are increasing their stake..
Real estate prices, particularly in tier II, tier III are like how and the triple effect of real estate, gold and stocks, the money flow actually is coming from smaller cities..
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Sanjiv Bhasin’s 2 bets on religious tourism; 3 cement stocks to buy
10, Jan, 24Sanjiv Bhasin says: “When it comes to religious torism, the winners are going to be Indian Hotels and IRCTC. Also, add UltraTech, Ambuja and Dalmia Bharat into your portfolio on this correction. Cement will be a no-brainer right up till the elections and you will see more cause of price hike.”
4 auto picks to make money in near to long term; 4 OMCs to buy on dips: Sanjiv Bhasin
29, Feb, 24Sanjiv Bhasin recommends Ashok Leyland, Maruti, Bajaj Auto, and Motherson Sumi as good picks for making money. He advises investors to buy IOC, NALCO, ONGC, and HPCL in the market correction. Bhasin believes private banks will lead the market higher and mentions the possibility of retail liquidation. He says, Reliance and HDFC Bank should be the main pillars of the index and the rest of the midcaps can continue to be consolidating for some time.
Don’t be under-invested; not next three weeks, look at the next three years: Sanjiv Bhasin
08, Nov, 23“I am looking for a sparkling Diwali, and I would say build up your portfolio. Do not look at the next three weeks, look at the next three years. There can be a little uncertainty when the elections come, but we still think that we will go to new highs by the end of the year.”
Do SIPs in HDFC, Asian Paints and reap reward in next one year; up ante in metal/OMC space: Sanjiv Bhasin
12, Mar, 24Sanjiv Bhasin, Director of IIFL Securities, advises investing in PSUs, OMCs, insurance companies, and largecaps like Reliance and HDFC Bank. He also suggests considering stocks like Vedanta, Hindustan Copper, Devyani, HDFC Life, and Asian Paints for potential returns. Bhasin says: We remain in a bull market but fundamentally and technically, we have reached a peak from where we can see some consolidation/correction. '
Take some chips off mid, smallcaps; 5 largecaps to go for now: Sanjiv Bhasin
03, Jan, 24Sanjiv Bhasin says: “There is no such thing as sitting on cash. It is better to be in largecap banks. I still like three PSUs -- IRCTC, CONCOR, and IEX and we are invested in those as a disclosure. They have just started to perform. We are up about 20% on our portfolio on these.”