Hold Texmaco Rail, says Phani Sekhar

Hold Texmaco Rail, says Phani Sekhar of Angel Broking. The order book for now remains good but at the rate at which they are going you will have concerns on order book in six to nine months time. Valuations are not very demanding and that’s the only positive I see here, he adds.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney
moneycontrol.com

Home » News » Stocks Views

Feb 26, 2013, 03.35 PM | Source: CNBC-TV18

Hold Texmaco Rail, says Phani Sekhar

Hold Texmaco Rail, says Phani Sekhar of Angel Broking. The order book for now remains good but at the rate at which they are going you will have concerns on order book in six to nine months time. Valuations are not very demanding and that’s the only positive I see here, he adds.

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

Hold Texmaco Rail, says Phani Sekhar

Hold Texmaco Rail, says Phani Sekhar of Angel Broking. The order book for now remains good but at the rate at which they are going you will have concerns on order book in six to nine months time. Valuations are not very demanding and that’s the only positive I see here, he adds.

Post Your Comments

Share Cancel

P Phani Sekhar (more)

, Karvy Stock Broking | Capital Expertise: Equity - Fundamental

Hold Texmaco Rail , says Phani Sekhar of Angel Broking.

Sekhar told CNBC-TV18, "One can hold Texmaco Rail and Engineering because given this Budget that you have seen  this year and what is likely to follow next year life is not going to change for any of these companies. So, it is business  as usual.”

He further added, “The order book for now remains good but at the rate at which they are going you will have concerns  on order book in six to nine months time. Valuations are not very demanding and that’s the only positive I see here. So,  if one is a very long-term player he/she can hold on and maybe on steeper declines one can add with a clear view that  he/she will have to be with these stocks for at least two years."

Buy, Hold, Sell ? Hear it first on M3
Hold Texmaco Rail, says Phani Sekhar
New Member
0 Followers

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