Page 5 - Elixir Equities News Today

"Companies like Bhel, which have the spare capacity, which have the technology, which have been more or less pre-qualified for many projects and orders are getting the true benefit of it. So, from a valuation perspective, from near-term prospects and also medium-term prospects, certainly there is a trading opportunity in Bhel and with the kind of momentum that is in the stock, it can easily rally by another 10-15% or so. But I would not like to invest in Bhel in the longer term."

"Paytm, Zomato, PolicyBazaar, Nykaa are entrepreneur driven companies and in India, you make a lot of money if you bet on the right entrepreneur, as we have seen with Reliance Industries, Asian Paints or Titan, for that matter, the Tata Group companies. These companies have all the right ingredients for a multibagger. If you remain patiently invested at some point of time, positive news flow will drive the stock prices higher."

"The next few quarters may certainly be very good for pharma companies. But these are no longer the secular growth stories which we have pursued back in the 2000 or 2010 era, when companies like Sun Pharma, Lupin, Dr. Reddy, Cipla were easily growing at 20% plus," says Dipan Mehta.

Investors in India are reportedly waiting to buy stocks after expecting a market correction. Dipan Mehta, Director of Elixir Equities, said 90% of people spoken to in the last two months were cautious, expecting a correction and the bulls have been waiting for an opportunity like this. In terms of sectors, Mehta believes there is a better chance of a decent return in inward-looking industries such as banking, capital goods, real estate, and hospitality, rather than export-oriented businesses.

Investment expert Dipan Mehta has advised investors to stick with Indigo, despite the companys ongoing struggles with Pratt & Whitney, and even if the stock appears expensive or negatively affected by crude prices. Mehta argued that while investing in aviation is risky, Indigos position is strong and its strategy well-tested. While he would avoid metal , Mehta recommends investing in midcap stocks with a breakout business strategy that could return three to five times their value in the next...

L&T could remain a stock market leader and outperformer, especially after the buyback, according to Dipan Mehta from Elixir Equities. Bajaj Finance is expected to have a solid quarter, but the stock price may not rally due to a sell-on-news syndrome, and the company faces new challenges such as Piramal Enterprises, Poonawalla Fincorp, and Jio Finance. Despite a historic earnings report, Delta Corps outlook is tricky with uncertainty surrounding the 28% levy on all gambling revenues.

The buoyant market conditions will continue, says Dipan Mehta, Director at Elixir Equities, and predicts a trend of vibrant IPOs, new listings and preferential issues. Mehta considers buybacks a way for managements to boost profits at a time when global macroeconomic trends may impact performance, but warns against investing in Tata Motors, one of the most volatile stocks on the Nifty 50, because of a break-even point for JLR that is too high, cash flow risk and difficulty with risk determinatio...

No, IT has been a disappointment. Just because the market does not think so does not mean that the facts on the ground are different. They have reported numbers which are below Street expectations and management commentary has been uncertain.

“We are shareholders of PVR and on every upside, we are looking at exit opportunities. The reason for that is that the habits have changed and more and more entertainment is being consumed online through OTT platforms to an extent and even through gaming. So I am not positive on the prospects of Inox PVR.”

“Post the GST rejig which has imposed 28% tax on gaming of all sorts, it is better to just stay away for two-three quarters. Let the dust settle down. Let us see what the real numbers are and how the impact has been and then take a call.”