Key Points
Ramco Cement is a stock which everyone must own in their portfolio, 2.3 times price to book, trading at the lowest enterprise value to EBITDA, and prices in the south are now headed northwards..
Simply put, if two-wheeler and tractor sales are picking up, then rural incomes are bound to see good in the consumer staples and in that, Avenue Supermarts is benefiting from that on volume front and on growth through more branch outlets..
Sanjiv Bhasin: Firstly, Maruti has been my top pick and is one of the top stocks with Mahindra in our portfolio and yesterday it hit all-time highs..
But we think that this auto market is really being taken on a supercharger, given that rural incomes are picking up and now with the Fed talking of three rate cuts, lower bond yield, lower inflation, I think autos are going to find fancy for some more time..
Sanjiv Bhasin: Firstly, we have had enough of a correction or enough of a short-term consolidation and purely in that consolidation, the index has stood its ground, which is evident that the money which was seeing froth on the midcaps has now shifted there..
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