Basu Banerjee expects atleast 15 percent upside on HCL Technologies from its current levels when compared to its largecap peers trading at much higher valuations.
In an interview to CNBC-TV18, Bhavin Shah of Equirus Securities picked stocks like Arvind and Hexaware. He sees Arvind going up about Rs 120 in 12 months.
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In an interview to CNBC-TV18, Bhavin Shah, chief executive officer, Equirus Securities gives his views on HCL Tech's Q2 earnings.
As the earnings season progresses, Bhavin Shah, CEO of Equirus Securities picks the big hits and misses after the Q2 results. According to Shah, Exide was a big miss and they have a short rating on the stock with a target price of Rs 129
Market experts advise investors to hold on Infosys and the UB Group stocks as the situation for both is to improve soon. The experts add that the narrow trading in the Nifty will continue till a clear trend emerges from the Q2 results.
Bhavin Shah of Equirus Securities says he continues to remain bearish on the IT space. Equirus has been cautious on the Indian IT sector since August of last fiscal.
Comparing the performances of both IT heavyweights, Bhavin Shah, CEO of Equirus Securities said, though the numbers registered by TCS are better than Infosys, it is reflecting a situation where the industry is facing slower growth rates.
Bhavin Shah, CEO of Equirus Securities picks Apollo Tyres as a preferred stock, based on its Q4 results.