• Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney Invest Now master your money
Moneycontrol

Home » News » Stocks Views

Feb 15, 2017, 04.25 PM | Source: CNBC-TV18

Exit Adani Enterprises at higher levels: Shahina Mukadam

Shahina Mukadam, Independent Market Expert is of the view that one may exit Adani Enterprises at higher levels.

Like this story, share it with millions of investors on M3

Exit Adani Enterprises at higher levels: Shahina Mukadam

Shahina Mukadam, Independent Market Expert is of the view that one may exit Adani Enterprises at higher levels.

Post Your Comments

Share Cancel

| 4 Comments

Shahina Mukadam (more)

, | Capital Expertise: Equity - Fundamental

Shahina Mukadam, Independent Market Expert told CNBC-TV18, " Adani Enterprises ' numbers were good and I think most of their businesses like gold trading, mining, power, commodity trading, all are doing little better which is reflected in the numbers. So I think the stock is bouncing back but I would look at some level of about Rs 100 to book and get out of this stock."

"The simple reason being I am very uncomfortable with a high debt of almost Rs 75,000 crore that this company holds. In the loan book to loan to equity is something like three times. So I would book at higher levels, I wouldn’t keep it in my core investment portfolio," she added.


Buy, Hold, Sell ? Hear it first on M3
Exit Adani Enterprises at higher levels: Shahina Mukadam
New Member
0 Followers

Price when posted: NSE: Rs. 93.80

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login