Wednesday, August 08, 2007

Companies in the metals segment too came up with impressive numbers on the back of higher domestic and international metal prices.

With inflation expected to tread lower towards mid-May, pressure to tighten interest rates is likely to alleviate.” So banking could yet be a prize pick for the individual investors. Rajesh Agarwal of CD Equisearch is of the view that one should also continue holding the cement counters. “I see the valuations to be attractive on the whole pack, lot of cement counters have corrected almost 50%. The companies came with good set of numbers, and with the kind of construction and real-estate boom we are witnessing in India, I don’t find any problem with the industry as such.”

As the Sensex is slowly and steadily moving back towards initial highs, there are quite a few scrips that are still low at valuation. Go long on these sectors (stocks) in the shortest possible time and keep the show going!
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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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