Neeraj Deewan of Quantum Securities is bullish on Bajaj Finserv and recommends buying Sintex Industries and Power Finance Corporation on dips.
Neeraj Deewan of Quantum Securities told CNBC-TV18, "We have certain stocks in the midcap space, something like Bajaj Finserv which we are bullish on and that has been showing quite resilience even in the falling market because of the valuation of life insurance, stake in Bajaj Finance. They get some discount because of the holding company structure but still the valuation will be there because of the life insurance arm in the company."
"There are stocks like Credit Analysis and Research which has corrected, which also once the economy is picking up are kind of stocks which will benefit going ahead," he said.
"Sintex Industries and Power Finance Corporation (PFC) would be two stocks which I would be looking at. I think they are good buys at whatever dips which are happening now. So, these two stocks will also be in our buying list."The Great Diwali Discount!
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First Published on Jan 11, 2016 04:13 pm