Vijay Kedia’s latest stock pick has been beaten out of shape in the ongoing commodities crash. However, the Co boasts of top-quality management, debt-free status, high dividend yield and rock-bottom valuations. In addition, a recent event can dramatically change the fortunes of the Company for the better
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Ambit Capital Escapes Carnage In DCB Bank By Slashing Holding In Defiance Of Saurabh Mukherjea’s Recommendation To Buy Stock
Though ace stock picker Saurabh Mukherjea was bullish about DCB Bank’s prospects and recommended a buy, Ambit Capital did not act as per his advice and instead systematically sold off a large part of its holding. This way it was able to escape a major part of the carnage that the stock witnessed yesterday and today
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