Prefer DHFL, MM: Nischal Maheshwari

Written By Unknown on Sabtu, 24 Januari 2015 | 14.03

Nischal Maheshwari - Head - Research at Edelweiss Capital is of the view that one may prefer Dewan Housing Finance, JK Lakshmi Cement and Mahindra and Mahindra.

Nischal Maheshwari - Head - Research at Edelweiss Capital told CNBC-TV18, " Dewan Housing Finance  is available pretty cheap, 1.2-1.3 times, there is  JK Lakshmi Cement  also. Then you have in the large caps,  Mahindra and Mahindra  where there is huge amount of underperformance and I believe once the new vehicles are out there is going to be huge outperformance happening on Mahindra and Mahindra. So these are some of the stocks basically which we like."

"In ITC  there has been a huge underperformance. Last quarter results have been a bit disappointing but I believe once the Budget is out of the way ITC should perform pretty well from here," he said.


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