What is preventing me from making the switch now ? (my 2 cents…someone else’s view can be different)
- for my bracket, it is a difference in the yield of 2.2% (with IRB being higher)
- Bharat has sharply risen in the last few weeks and anyone, who has seen the history of our invits/reits, you will recognize that honeymoon lasts for the first year or so and after that things start drifting. Even the much praised Indigrid, stabilized after KKR came in
I wish I had done this switch at the IPO time of Bharat (even IRB was trading at decent numbers at that time)…I am risking serious capital loss, by being in IRB since it seems to be in a non-stop slide down
Subscribe To Our Free Newsletter |