In an interview with CNBC-TV18, Hemang Jani, Sr Vice President of Sharekhan, advised that investors should study the business model and overall risk reward ratio before investing in midcap stocks. On stocks that have seen steep correction, he says, “REC, which fell about 40-45%, looks good as the stock has 21% returns on equity (ROE).
first published: Jun 22, 2011 02:11 pm
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