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Home Corporate finance

Demerged M&M more valuable than combined entity; Escorts best tractor play: Dimensions

admin by admin
November 28, 2020
in Corporate finance
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Demerged M&M more valuable than combined entity; Escorts best tractor play: Dimensions
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Dimensions Company Finance Companies’ CEO, Ajay Srivastava feels there shall be huge worth unlocking within the M&M inventory if the corporate separates its auto and agri companies.

“Mahindra presumably might be the nice play to do in the event that they separate the 2 companies – agri and auto, I feel they may have a implausible valuation, there shall be way more than what they’re collectively,” Srivastava advised CNBC-TV18.

Dimensions Company believes Gland Pharma is a essentially good firm. “Nevertheless, I’ll advise not to have a look at shopping for any inventory under Rs 500 crore marketcap,” he added.

He’s bearish on PVR and expects a tricky enterprise setting for the corporate, given the pandemic-related curbs.

“We maintain Rallis India in our portfolio from agrochemical house. UPL has had governance points and so won’t look to purchase the inventory,” he stated.

In line with him, sugar and ethanol shares can lookup from right here on and 2-wheelers shares is an effective strategy to play the auto rural theme.

“Escorts – you need to maintain it in your portfolio if you’d like a rural theme. It’s the very best tractor play in Indian market,” he stated.

For complete interview, watch video





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