Ajay Srivastava, CEO, Dimensions Corporate Financial Services says this kind of stance in the backdrop of low GDP growth is surprising because one would have liked to see the economy being propelled rather than focusing on inflation
There is no need to sell MNC consumer companies such as HUL, or some of the themes which are emerging in the market, such as liquor companies. But if an investor has a leveraged block, or PSU block, there will be trouble if they hold on to it, because even if there is a pullback rally, the chances of these stocks being a part of it are less.
Unicon Investment has come out with its report on leveraged companies. The broking firm has identified have identified 8 companies with strong growth trajectories and debt to equity ratio less than or equal to one