In a sector that has disappointed a little, this Prime Stock is a bright spot. Rightly so, the stock price has rallied and we think valuations do not justify fresh entries at this point. We are therefore, moving this stock to a ‘HOLD’.
N V Chandrachoodamani
Chandrachoodamani started his capital market career in mid 2000s with Equity Intelligence India and then worked with several capital market Intermediaries in various roles over the last 15 years. Most of his career experience has been in equity research and PMS. Most recently, he was with MOAT, a PMS firm. He is a graduate in mathematics, a post graduate in finance, and holds a CFP certification. LinkedIn|Twitter
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