Saurabh Mukherjea has homed in on a stock which has all the virtues of a multibagger. It has blue-chip MNC pedigree, with high RoE, debt-free status and surplus cash of Rs. 16 Billion. The Company is also dominant in the market place and will benefit from the recent tax rate cuts
Posts tagged MNC Delisting
MNC Delisting Stocks Crash
On Tuesday, 20th November, Jagannadham Thununguntla of SMC Global called Honeywell Automation the “perfect case study of delisting” and advised investors to hold on to the stock. On Wednesday, he must have regretted the honorific title he conferred on Honeywell Automation even as the stock crashed and hit the lower circuit limit of 20%
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