Keep Motherson Sumi Systems in portfolio: Dilip Bhat

Dilip Bhat of Prabhudas Lilladher told CNBC-TV18, "Motherson Sumi Systems is very fast acquiring the status of being a stock which you should have as a part of your core portfolio. For the last five years they have very amply demonstrated that inspite of the acquisitions, in spite of the capex, they have been showing a reasonably very good CAGR on the topline which is almost around 20 percent. But more importantly despite all this, they have been keeping their RoEs which is very widely tracked much above 25 percent. So, these two are very potent combinations.""With that kind of a track record, though the stock may look expensive at any point of time, however if you were to do a DCF for next couple of years based on the growth, I think they will always look cheap and this is something which inspite of being a little expensive on the current valuations, it is a must to have in the portfolio," he said.