Positive on Bajaj Finance, Repco Home; advise holding: MOST

Taher Badshah of Motilal Oswal AMC told CNBC-TV18, "We continue to hold Bajaj Finance and Repco Home Finance and clearly we still continue to remain positive on these names. Cearly, we see medium to long-term headroom for these companies to do well in their respective segments. Few of them are leaders in their respective segments and almost rule like monopolies out there." "They have great franchise but these are also stocks which have performed exceedingly well. You may not be able to justify if you have a short-term view on the basis of valuations. Still to us they are looking good for anywhere between 15-25 percent CAGR growth over a more medium-term perspective," he said."If that is the kind of growth expectations one has in mind, then one has to calibrate valuations accordingly and buy these. Since we have been holding it for long time, we are happy to continue holding them for a while."