Dharmesh Pancholi, Investment Advisor, in an interview with ET Now says that is the PSUs and PSU banks that will lead the market rally. He also
adds that Infra is infrastructure, cement, agriculture, farming, will take the market forward as far as small and mid-caps are concerned.
Let us talk about the mid-cap space this morning. BF Utilities is up almost eight per cent in trade. Edelweiss Capital is up five per cent at 508. Others like HMT, MRF, Exide Industries have also done well. These are stocks that are buzzing around in the mid-cap space. Do you have a view on any of them?
No. I have not seen any of them but I am very bullish on mid-cap and small-cap. I personally believe that if market will rise 100 points, then we may see mid-caps and small-caps outperformong by 50 basis points more. That will be 50 per cent more than what the large cap will rise. So I am pretty bullish on small and mid-caps. There are a lot many stories still, say for example, likes of Karuturi Global. It is available at 17 rupees. Forty-five crores is the equity of the company. It is available at 7-8 crores market cap and the company is holding some 3 lakh hectare land in Ethiopia, which has a huge potential. I think it is a huge, huge story and it may take 1-2 years but that`s a stock to watch.
I am invested in Karuturi, and wish the
guy a great success.
It takes courage of a special kind to
take up something so challenging and
large with the confidence to make it work.
More than returns for me, I wish Karuturi to be a great success, for its daring.
It is fun to applaud the right performances.
"Forty-five crores is the equity of the company. It is available at 7-8 crores market cap"
What r u writing please understand what is Market Cap. Hello it is Rs 45 cr Multiplied by Rs 17/- which gives you the market cap.
One must be careful with such type of mssg. & go to fundamentals before investing otrherwise loose Ur hard earned money. Better to avoid such news and put funds in front leading & established companies. Save Ur money is money earned.Market is game of patience Best of Luck
| NIFTY 
