Watch the interview of Gaurang Shah of Geojit BNP Paribas Financial Services who shared his readings and outlook on specific stocks and sector & Pankaj Mathpal of Optima Money Manager answered few personal finance queries.
Below is the verbatim transcript of Gaurang Shah's interview with CNBC-TV18:
P&G
Procter and Gamble Hygiene and Health Care (P&G) has great pedigree and a multi-national company, great market share with multiple products having a visible shelf life. My advice is to stay invested. One can add more at current levels. If one can wait out for a year, a year and a half or so, then one could easily get targets of close to about Rs 7,600-7,800. And this correction also opens up a great opportunity for all those investors who possibly have got invested in P&G at higher level, they can definitely average it out over here.
The greatest trigger for these MNC companies is of delisting and time and often hear about these news flows. Plus it has got tremendous cash on the balance sheet. Any further introduction of products into the market will definitely open up more opportunities. So, on a conservative side, I would say that 15-20 percent upside on a manual basis you should consider, so you could easily get somewhere close to about 35-40 percent return if you are waiting out for two, two and half, three years kind of time horizon
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
