Rajesh Kothari, Managing Director at AlfAccurate Advisors has a bullish stance on Credit Analysis and Research.
Rajesh Kothari, Managing Director at AlfAccurate Advisors told CNBC-TV18, "One has to be very selective. In credit rating we are very bullish on Credit Analysis and Research (CARE). It is number two in credit rating. Maharashtra Seamless is the largest seamless pipe manufacturer in the country with Rs 700 crore cash and Rs 3200 crore kind of a market cap."
"So, whatever company you take what I would always request investors, if you are doing bottom-up approach you have to be very clear you buy top 5 in each sector, by doing that probably you are already avoiding lot of dubious things because you cannot become top 5 just by doing some manipulation or something like that. So, probably your profit will be always Rs 100 crore plus and there are not many companies which are three digit profit making companies particularly when GDP was 4.5 percent," he said.The Great Diwali Discount!
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