Moneycontrol
Last Updated : Jan 01, 2018 03:36 PM IST | Source: CNBC-TV18

Hold Mahindra and Mahindra, says Rajesh Agarwal

Rajesh Agarwal of Aum Capital is of the view that one may hold Mahindra and Mahindra.

CNBC TV18 @moneycontrolcom

Rajesh Agarwal of Aum Capital told CNBC-TV18, "I would suggest a hold in Mahindra and Mahindra (M&M) not only a hold but any other viewers who are watching our channel right now can go ahead and buy. The company has a strong management, Q2 numbers were strong, both farm equipment’s and auto divisions are doing well."

"The company has focus on electric vehicles which will be norm of the day in coming years. The leadership in farm equipment and the number of new launches that the company is planning in the coming period and the kind of valuation it has when compared to its other listed players in the four-wheeler segment I would say I think this is highly unpriced stock and one should buy for a longer term horizon," he added.
First Published on Jan 1, 2018 03:33 pm
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