The ace investor owns more than 50 stocks, the value of which is estimated to be around Rs 5,000 crore. While multibagger BSE is his largest bet where he held around 1.5% stake at the end of the December quarter, 11 of his bets have given double-digit returns in 2024 so far.
Shares of Megatherm Induction listed with a massive premium of 108% earlier this week. Post the debut, the stock jumped further and is currently trading at Rs 252 apiece, up nearly 133% over the issue price.
The stock has been underperforming of late relative to its earlier run. In the last one month, the share price appreciated 9% and around 29% in the last 3 months.
Navneet Munot, MD & CEO of HDFC AMC, says that the government s commitment to fiscal consolidation sends a strong message to the bond market, as well as to all sectors of society, both in India and globally. He highlights the significance of India s progress in digital and physical infrastructure, particularly in the areas of health technology and education. Munot also emphasizes the potential for the financialization of savings and the growth of mutual funds, noting the success of HDFC Balanced Advantage Fund over the past 30 years.
Sanjiv Bhasinrecommends investing in PB Fintech, as it has shown strong performance and has the potential for significant growth. He also highlights Tata Motors as a valuable auto company and suggests considering Tata Comm as another promising stock. Bhasin believes there is still opportunity in the real estate market and plans to reveal a top pick in the sector. He discusses the earnings of Voltas and SRF, noting that both have strengths despite some weaknesses.