At the higher end of the price band, Zomato is valued at 25x FY21 EV/Sales, which is expensive when compared to an average of 9.5x for global peers and 11.6x for Indian peers, says Jani.
Risk appetite is back and broader markets tend to do well in such a phase. It would be advisable to put some cap towards mid and small caps and do some filter check on the companies to avoid major drawdown risk, said Jani.
We have seen broader participation across the large, mid, and small-cap space. In fact, the mid-cap & small-cap indices have outperformed the NIFTY in the past 6 months.
Hemang Jani, Sharekhan shares his view on Petronet LNG and Max India. He believes Max India from a two to three years perspective can give about 50-60% kind of CAGR growth.
Yes Bank is looking attractive, says Hemang Jani, Sr Vice President, Sharekhan.
Selan Exploration Technology is looking attractive, says Hemang Jani, Sr Vice President, Sharekhan.
In an interview to CNBC-TV18, Hemang Jani, senior vice president, Sharekhan said, ADAG pack will remain under pressure.
HCL Tech could be a good bet , says Hemang Jani, Sr Vice President, Sharekhan.
In an interview with CNBC-TV18, Hemang Jani of Sharekhan finds that volatility is on the cards due to uncertainty stemming from the Eurozone area. He also gives a detailed analysis on his houses three stock bets - Selan Exploration, SPIC and Arshiya International.
Expect 20-25% upside in Aditya Birla Nuvo, says Hemang Jani, Sr Vice President, Sharekhan.
CESC has target of Rs 400 for next 12 months, says Hemang Jani, Sr Vice President, Sharekhan.
In an interview with CNBC-TV, Hemang Jani of Share Khan picked Divis Labs, Tata Global Beverages, United Phosphorous and Bharat Electrical Limited (BEL) as the top investment ideas in the current landscape.
BHEL has target of Rs 2450, says Hemang Jani, Sr Vice President, Sharekhan.
Divis Laboratories has target of Rs 1047, says Hemang Jani, Sr Vice President, Sharekhan.
Tata Global is diversifying from pure commodity kind of a business into a global play through its tie-up with PepsiCo, says Hemang Jani, Sr Vice President of Sharekhan.
See 20-25% appreciations in Balrampur Chini, says Hemang Jani, Sr Vice President of Sharekhan.
Expect 30-35% upside in CESC, says Hemang Jani, Sr Vice President of Sharekhan.
See upside in Idea Cellular and Bharti Airtel, says Hemang Jani, Sr Vice President, Sharekhan.
Rural Electrification Corporation (REC) is looking attractive, says Hemang Jani, Sr Vice President, Sharekhan.
EIH can move to Rs 105-102, says Hemang Jani, Sr Vice President, Sharekhan.
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).
PSU companies may see upside from current levels, says Hemang Jani, Sr Vice President, Sharekhan.
United Phosphorous has target of Rs 220, says Hemang Jani, Sr Vice President, Sharekhan.
Sintex Ind can move upto Rs 220, says Hemang Jani, Sr Vice President, Sharekhan.
Kewal Kiran Clothing may see 25% upside, says Hemang Jani, Sr Vice President, Sharekhan.