Marc Faber, Author, The Gloom, Boom & Doom Report, says, everything is in a bubble. On Monday, they sold a t-shirt of the famous US baseball player Babe Ruth, for $24.1 million. It is grossly inflated. The most inflated are the FAANG stocks in the US, the so-called Magnificent Seven. The Magnificent Seven stocks have … Read more
Rajesh Bhatia, CIO, ITI MF, says analysts are saying there is going to be a 30% growth rate for the next two years and I am going to incorporate that and on that, I am going to give a higher PE. These are highly cyclical businesses and high beta. So if there is a correction … Read more
Rajiv Batra, Head of Asia Pacific ex JP/CN, Equity Strategy and Head of India & Southeast Asia Equity Strategy, JPMorgan, says the second quarter of this fiscal year will not give great joy because the extreme heatwaves season will be replaced by torrential rainfalls which could be impacting some amount of demand. But that does … Read more
Amit Khurana, Head of Equities, Dolat Capital, says a serious outperformance by India from here in the near term, looks a little bit of a challenge. But India remains the best emerging market to play over the next few years. But near term, some normalisation is required to get to healthy market levels and price … Read more
MK Surana, Former CMD, HPCL, says crude below $80 and the cracks at $13 for HSD and $11 for MS, make OMCs well placed on overall setup. Also, many of these OMCs are going on a new path. OMCs are in a stage where there is a growth potential with a surety of the existing … Read more
Saurabh Gupta, CFO, Dixon Technologies, says the iSmartU acquisition was finished on August 13th. Dixon which has bought a little over a majority stake in the company, will have only seven months’ kind of performance for this year. Gupta expects that at an annual level, this business can generate anywhere between Rs 7,000 crore to … Read more
Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd, says currently, financial stocks are passing through some kind of price rationalisation or valuation corrections and that is the time to buy into these companies. If we buy the India story, where the size of the economy is being talked about from $4 trillion to $10 trillion and … Read more
Sanjay Kumar Jain, Chairman & MD, IRCTC, says IRCTC is running 48 Vande Bharat trains out of 117 prepaid trains. So, the majority of the prepaid trains earnings come from Vande Bharat train at the moment. Also, e-catering is growing very fast. The numbers are not very high at the moment, but the growth is … Read more
Samir Arora, Founder, Helios Capital, says we cannot let go of pockets of flow by just believing that we are getting Rs 20,000 crore a month. The SIP numbers are good, but they are not what you think are. The actual net flows are not Rs 20,000 crore or more per month, they are only … Read more
Rajesh Jejurikar, ED & CEO, Auto & Farm, M&M, says they have a total capacity of 9,500 with some fungibility on how much we can make of 3-door and 5-door. But of course, there will be cannibalisation but overall we think there will be a lot of growth. On new Mahindra Thar RoxxRajesh Jejurikar: The … Read more
