PORINJU VELIYATH EQUITY INTELLIGENCE : Top Picks: Everest Industries, Ramco Industries
New investors across the country moving towards equity as mode of investment. Can play affordable hsg theme via cement, ancillary biz. See $100 bn domestic investment coming into economy. Govt is taking serious measures to prevent misappropriation of funds. See good opportunity in Small Cap stocks. Bought Mirza Intl at ₹20 about 3 years ago. Season to look at select penny stocks in India. 'Chor' promoters being forced by Govt to improve corporate governance.
See lots of value migration happening in real estate. 'Normally don't look at stocks once big names have noticed it'.
Porinju's latest stock picks and recommendations are Everest Industries, Ramco Industries. Will these become multibagger stocks?
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