Disc: bought the following stocks today ( todays fall was too tempting to miss out on fresh buying ) –
Axis bank – due good results and cheap valuations vs its large cap public sector peers
Karur Vysya Bank – due exceptionally good results and very cheap valuations
V Guard and Crompton Greaves consumer – V guard has acquired Sunflame appliances and CG consumer has acquired Butterfly appliances recently. Both have had a descent fall. Both these acquisitions are the best uses of cash that these companies had. Therefore, I am generally bullish wrt both.
Just a disc. Not a buy/sell recc.
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