Oct 10, 2013, 11.42 AM | Source: CNBC-TV18
Parag Thakkar, Head of Sales at HDFC Securities suggests buying Maruti Suzuki, Mahindra and Mahindra (M&M), Rallis India and Bayer CropScience with a long term view.
Parag Thakkar (more)
Head of Sales, HDFC Securities |
"Maruti Suzuki's marketcap is Rs 42,000 crore, Rs 8,000 crore cash, so again at Rs 34,000 enterprise value, you are getting a Rs 4,500 crore of operating cash flow plus it is a 39 percent market share. There is a lot of competition coming, but that is why the stock price is underperforming," he added.
Mitessh Thakkar of miteshthacker.com suggests sel
According to Mitessh Thakkar of miteshthacker.com,
Axis Direct recommended hold rating on Mahindra &
The company is in the process of investing Rs 700
Arihant Capital recommended hold rating on Mahindr