This company, composed of two subsidiaries — one in the UK and another in India — embarked on a clean-up as it was reeling under losses till a year ago.
I believe India is a stock picker’s paradise – one has to be nimble-footed with a flexible approach to investing & willing to have a diversified portfolio, says Ashish Chugh.
I follow a bottom-up approach, and for me, quality of business, quality of the management, and quality of balance sheet are important, Ashish Chugh, Director of Hidden Gems Advisory.
India could be a bright spot and the FII inflows can, not just sustain but accelerate in the coming years.
Investment analyst Ashish Chugh sheds light on what to look for when hunting for multibaggers.
CNBC-TV18 jots down multibagger stocks with the help of market gurus SP Tulsian, Ashish Chugh and Basant Maheshwari.
According to Ashish Chugh, Investment Analyst & Author of Hidden Gems, Tata Global Beverage is a value pick in the largecap space.
Ashish Chugh, Investment Analyst & Author of Hidden Gems is of the view that there is a limited downside in Jayshree Tea and Industries.
According to Ashish Chugh, Investment Analyst, IFB Industries is looking cheap at the current valuations. “This company has been introducing a number of new products. The company which used to be primarily a washing machine company has transformed itself into a complete appliance company,†he adds.
According to Ashish Chugh, Investment Analyst, one may prefer Transport Corporation of India (TCI), which is available at very reasonable valuations.
Investment Analyst Ashish Chugh suggests buying IT stock Nucleus Software and chemical company BASF.
Ashish Chugh, independent analyst believes the stock is likely to give 25-30 percent dividents over a period of next three to four years/
Investment Analyst, Ashish Chugh believes SEBI should seriously rethink on the trading system of periodic call auction introduced by the market regulator in April
One can buy GVK Power at the current price of Rs 9, says Ashish Chugh, Investment Analyst & Author of Hidden Gems.
ILandFS Investment Managers is a safe investment for investors who don‘t want to take too much risk in the stock market, says Ashish Chugh, Investment Analyst & Author of Hidden Gems.
Ashish Chugh, investment analyst, recommends a ‘buy‘ on two companies in the current market- Eimco Elecon and DCM Shriram Consolidated.
DCM Shriram Consolidated is a well-run company in a variety of businesses having managed a turnaround and also available at extremely attractive valuations, says Ashish Chugh, Investment Analyst.
Today not many people are interested in small caps but it is only during these distressed times that you are getting well-managed businesses below their cash values. So these are extraordinary times but it does throw up extraordinary opportunities also and Eimco Elecon is probably one of those opportunities, says Ashish Chugh, Investment Analyst.
Accumulate Good Luck Steel Tube around Rs 20 with a long-term perspective, says Ashish Chugh, Investment Analyst & Author of Hidden Gems.
Mcnally Bharat Engineering is a value buy from the capital goods sector, says Ashish Chugh, Investment Analyst & Author of Hidden Gems
McNally Bharat and Good Luck Steel Tubes are multibagger, says Ashish Chugh, Investment Analyst & Author of Hidden Gems. The valuations of McNally Bharat have become quite attractive. They have wide variety of services in the Engineering, Procurement and Construction (EPC) segment.
Buy Selan Exploration, says Ashish Chugh, Investment Analyst & Author of Hidden Gems. The company is doing most of its production from a block called Bakrol, which is about 36 sq kilometer block. As of today, the total production is about two lakh barrels.
Investment Analyst and author of Hidden Gems Ashish Chugh is bullish on Selan Exploration and Swelect Energy Systems. He sees both the stocks having the potential to fetch better returns in times to come.
See limited downside in Swelect Energy, says Ashish Chugh, Investment Analyst & Author of Hidden Gems. It is almost debt free now. At the current price of Rs 140, the market cap is about Rs140 crore. It has got equity of about Rs 10 crore. After payment of dividend and taxes, it is left with cash and cash equivalent of close to Rs 500 crore.
Alok Industries currently trades at about Rs 11-11.50. The possibility of downside looks to be maximum of about 10-15%. If it is able to sell its real estate and pair down its debt and textile companies business environment improves or remains the way it is as of now, the stock could be on a revival path, says Ashish Chugh, Investment Analyst.