Prakash Diwan of Altamount Capital Management is of the view that one can pick Indian Overseas Bank, Oriental Bank of Commerce and Andhra Bank.
Watch the interview of Prakash Diwan, Market Expert at Altamount Capital Management with Latha Venkatesh, Sonia Shenoy and Anuj Singhal of CNBC-TV18. He shared his reading and outlook on the market and also gave recommendations on various stocks.
After a prolonged lull, the real estate stocks are witnessing renewed buyer interest. The BSE realty index has emerged the best performing this year, surging 60 percent versus Nifty up 15 percent. Is the rally justified? In an interview to CNBC-TV18’s Nigel D’Souza and Reema Tendulkar, Prakash Diwan of Altamount Capital Management spoke about his readings and outlook on the realty sector.
Prakash Diwan of Altamount Capital Management is of the view that Hindustan Zinc is a great buy at lower levels.
Prakash Diwan of Altamount Capital Management says he is worried on two parameters – One is there is yet no visibility of softening in the net non-performing assets (NPAs). Two, lack of credit growth is becoming a big concern.
Prakash Diwan of Altamount Capital Management recommends booking profits in Indian Hume Pipe.
Prakash Diwan of Altamount Capital Management is of the view that one may prefer SML Isuzu and feels that the stock may trade easily at Rs 1,400 plus.
Prakash Diwan of Altamount Capital Management is of the view that Glenmark Pharma is one of the top picks.
Prakash Diwan of Altamount Capital Management likes Jyothy Laboratories.
Prakash Diwan of Altamount Capital Management is of the view that Sun TV Network may hit Rs 430-450.
Prakash Diwan of Altamount Capital Management is of the view that one may look at Rico Auto.
Prakash Diwan of Altamount Capital Management is of the view that one may look at KEC International.
Prakash Diwan of Altamount Capital Management is of the view that one can buy Vinati Organics on dips or at lower levels.
Prakash Diwan, Altamount Capital Management likes Lakshmi Vilas Bank and recommends buying DCB Bank.
Prakash Diwan, Altamount Capital Management is of the view that one may look at Shemaroo Entertainment.
Prakash Diwan of Altamount Capital Management recommends holding PVR.
Prakash Diwan of Altamount Capital Management is of the view that Reliance Industries may cross Rs 1100.
Prakash Diwan of Altamount Capital Management is of the view that one may prefer DCB Bank.
Prakash Diwan of Altamount Capital Management is of the view that one may pick Motilal Oswal Financial Services.
Prakash Diwan of Altamount Capital Management is of the view that Maruti Suzuki continues to be a favourite even at these levels.
Prakash Diwan of Altamount Capital Management is of the view that one may prefer Manali Petrochemicals from the petrochemical space.
Prakash Diwan of Altamount Capital Management is of the view that one may look at Byke Hospitality.
According to Prakash Diwan of Altamount Capital Management, one can enter Ahluwalia Contracts India and feels that the stock may rise by 30-35 percent.
According to Prakash Diwan of Altamount Capital Management, one can look at auto ancillary stocks.
Prakash Diwan of Altamount Capital Management is of the view that one may look at Oriental Bank of Commerce and Union Bank.