airline stocks | stocks to buy: I like a stock which goes Rs 50 up and Rs 40 down and Rs 100 up and Rs 80 down: Vijay Kedia
Vijay Kedia, has sold his shares in Canara Bank, Federal Bank and BOB to invest in midcap illiquid stocks. He also disclosed his investment in airline stocks, particularly IndiGo, which he believes is a sunrise industry despite the unpredictable cost of oil. Kedia remains invested in Vaibhav Global despite a 70% fall from its highs, citing his investment approach of chasing the story behind a stock rather than focusing on money. He also highlighted the emergence of infrastructure companies as a new sunrise industry.
Source: indiatimes.com