In an interview to CNBC-TV18, Mithil Pradhan of Violet Arch Capital Advisors shares his views on the current market and key Nifty levels to be watched out for right now.
Sanju Verma, Group CEO, Violet Arch Capital, says Order book to sales for most capital goods companies has always been pretty healthy, anywhere between 2.5-3 times revenues. But the working capital cycle is still under tremendous strain
Sanju Verma, Group CEO of Violet Arch Capital is bullish on Hindalco Industries due to Novelis performance. She recommends keeping Jindal Steel & Power in the portfolio.
Sanju Verma, Group CEO of Violet Arch Capital is bullish on Tech Mahindra. "For the last six quarters, it has shown a CQGR revenue growth in dollar terms of 4.6 percent which is excellent even in the September quarter," she reasoned.
Sanju Verma, Group CEO of Violet Arch Capital is cautious on capital goods space. She feels Voltas looks like an expensive stock at the current price.
Sanju Verma, Group CEO of Violet Arch Capital is of the view that Britannia Industries may move all the way to Rs 1050.
Sanju Verma, Group CEO of Violet Arch Capital is of the view that one may buy Power Grid Corporation of India December Put Option or avoid follow-on public offer.
Sanju Verma continues to be disappointed with Infosys despite its 4 percent volume growth sequentially. “At this point the one company that we continue to like is HCL Tech. I also like Tata Consultancy Services (TCS),†she adds.
Sanju Verma, managing director and chief executive officer of Violet Arch Capital says that the market will move from strength to strength before even coming anywhere close to overvalued zone.
In an interview to CNBC-TV18, Sanju Verma, MD & CEO, Violet Arch Capital Advisors spoke about the PSUs specifically, SBI which is releasing its results today. Verma tell us why inspite of PSUs not doing well he will still bet on SBI.
Sell BHEL on rally, says Mithil Pradhan, Violet Arch Capital.
Sanju Verma of Violet Arch Capital tells CNBC-TV18 that she isn‘t holding high hopes for significant reforms from the current government.
Tata Motors may slip to Rs 160- 168, says Mithil Pradhan, Violet Arch Capital.