Sanjiv Bhasin advises investing in undervalued FMCG stocks like Dabur, Lever, Marico, Nestle. Emphasizes that market correction is likely in the second week of May. Recommends caution, stock specificity amid positive cues, lifting of curbs, and speedy resolutions. Bhasin also says: "Coforge is a very good takeover target. I do not rule out 5,500 coming to Coforge in the next month or so."
Sandip Sabharwal advises a mix of consumer companies for potential growth. He highlights the recovery in metals driven by China and the buying opportunities in stocks like Kotak and Dabur. Further he says: "The opportunity overall in the broader market will remain, but there are segments of significant overvaluation also. "
Sudhir Singh of Coforge outlines the strategic benefits of acquiring Cigniti, focusing on revenue growth, market expansion, and confidence in successful integration based on past acquisition achievements and team capabilities. Singh says: "Our intent is to raise roughly about $250 million and we will acquire between 51% and 54% of the promoter stake through a QIP."
Mahantesh Sabarad discusses the strong outlook for corporate banks, the impact of high crude oil prices on OMCs, challenges faced by private banks with asset quality, and the favorable position of public sector banks in the corporate lending theme.
Anil Agarwal of Vedanta Group plans to increase Nand Ghars to 25,000, emphasizing import substitution and minimal debt. Considers divesting steel business but sees potential for expansion as the lowest cost producer, open to offers. He also says that while the total debt is $12 billion, each company will cost $15-20 billion to set up and take 10 years. So, there is hardly any debt.