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7 stocks for Samvat 2077

Moneycontrol Research has selected businesses that are likely outperformers in the medium term. We urge you to gradually build up position on every pullback in the coming months

November 13, 2020 / 05:15 PM IST
7 stocks for Samvat 2077


PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

It was as if Diwali had come early for equity markets this year. Despite the gloom and doom around COVID-19, markets were unstoppable. Generous stimulus packages in most advanced economies, genuine signs of recovery in corporate earnings in the September quarter and finally the vaccine rally of the last few days have pushed markets to record highs. We do not hesitate to admit that a lot of valuation catch-up has already happened. Seen in this context, should we be...

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