ETNow celebrates 10 years of success
ETNow, which has dynamic journalists like Ayesha Faridi, Nikunj Dalmia and others, recently celebrated its 10th year of excellence in reporting.
Here's a look at the 10 years of excellence of ET NOW. We changed the way to look at the biz news w/ India’s most experienced market anchor @nikunjdalmia. We give you the best budget coverage, investing ideas & much more.
Thank you for making us the number 1 channel. Stay tuned! pic.twitter.com/Ymt01zjzW7— ET NOW (@ETNOWlive) June 14, 2019
Eminent Billionaires Adi Godrej, Ajay Piramal and Kiran Majumdar Shaw were amongst the many who rushed to congratulate ET Now for the great achievement.
#PowerOf10 | Adi Godrej, Chairman, @GodrejGroup applauds ET NOW's endeavours to spread awareness about business in India pic.twitter.com/w0IdqVOO1G
— ET NOW (@ETNOWlive) June 17, 2019
#PowerOf10 | Ajay Piramal, Chairman, @PiramalGroup congratulates ET NOW on completing its first decade of investigative reportage pic.twitter.com/suKOt85SM3
— ET NOW (@ETNOWlive) June 17, 2019
#PowerOf10 | Kiran Mazumdar Shaw, MD, @Bioconlimited is optimistic about India's economic future and ET NOW's pivotal role in it.@kiranshaw pic.twitter.com/4BtbUHXj6n
— ET NOW (@ETNOWlive) June 17, 2019
[Throwback picture of Ayesha Faridi and her distinguished colleagues]
Gift for novices – 10 stocks for 10 years
The novices of Dalal Street deserve to be rewarded because we have been loyal viewers of ETNow and have contributed to its immense prosperity.
So, the mandarins persuaded ten of the topmost stock pickers to recommend ten high-quality stocks to us.
The stocks recommended are as follows:
| Stock | Recommended by | CMP (Rs) | YoY Gain (%) |
| Basant Maheshwari | Titan | 1292 | 49 |
| Vijay Kedia | Repro | 494 | (30) |
| Porinju Veliyath | Tata Global | 262 | 2 |
| Sandip Sabhrawal | Britannia | 2830 | (5) |
| Atul Suri | HDFC Life | 438 | (7) |
| Samit Vartak | Edelweiss | 177 | (42) |
| Rakesh Arora | Grasim | 897 | (11) |
| Pankaj Murarka | Syngene | 335 | 12 |
| Manish Sonthalia | DCB Bank | 230 | 32 |
| Vinay Khattar | Titan | 1292 | 49 |
#PowerOf10: ET NOW managed to catch up with ten market maestros and tried to get them to pick ONE stock, that they think will deliver in the next decade. @VivekIyer72 with a recap of the top pick – From 10 market gurus. @SamitVartak @porinju @VijayKedia1 @sandipsabharwal pic.twitter.com/Irjg5ATlCW
— ET NOW (@ETNOWlive) June 17, 2019
Titan – Basant Maheshwari
Basant is known to be a stickler for quality.
He has been tutoring us from time immemorial to steer clear of alleged “chakri” stocks and to buy only high-quality stocks even if they are quoting at high valuations.
Quality of business prevails over valuations in the long run. Even at 350 PE (March 2000) #Infosys has beaten the #Sensex in the last 12yrs!
— Basant Maheshwari (@BMTheEquityDesk) April 15, 2012
What takes a month for the expensive stocks to lose the cheap ones are ready to do in a day ! Be careful if you are not with quality.#ThrThoughtfulInvestor
— Basant Maheshwari (@BMTheEquityDesk) May 21, 2018
Titan is a sensible choice given that it is the crown jewel in the portfolio of Rakesh Jhunjhunwala, the Badshah of Dalal Street.
Rakesh Jhunjhunwala holds a colossal quantity of 7% of Titan, worth a mammoth Rs. 8000 crore.
In fact, Rakesh Jhunjhunwala had publicly recommended Titan to us in 2003 when it was quoting at a beggarly valuation of Rs. 3 (adjusted for split & bonus).
If we had obediently listened to him and bought the stock, we would be multi-millionaires today.
However, as usual, we were rebellious and defiant with the result that we are continuing to wallow in poverty.
It is worth noting that some experts on technical analysis are somewhat diffident about Titan’s prospects.
One has claimed that the charts are looking “scary” and that the stock can plunge into depths never seen before.
As of Today, I am calling a Top on Titan, It has topped out and now the target is 770 ? https://t.co/AbTNtHIKRw
— Anant Acharya (@TheAnantAcharya) June 17, 2019
TGBL – Porinju Veliyath
Porinju Veliyath’s investing philosophy is diametrically opposite to that of Basant Maheshwari.
Unlike Basant, Porinju has a healthy contempt for blue-chip quality stocks.
He has claimed that buying such stocks does not require any skills and even a “SSC pass” can do so.
Buying a famous ‘performed’ blue chip stock, with great management, clean BS and excellent growth business, doesn’t need any skill.
— Porinju Veliyath (@porinju) January 5, 2015
High-Quality BlueChip Investing has its merits & higher safety, and trust me, you don't need a fund manager or advisor/distributor for doing it – provided you have passed SSC.
— Porinju Veliyath (@porinju) June 29, 2018
However, Porinju knows better than anyone else that when one is offering stock recommendations to raw novices, it is better to tread with caution and stick to blue-chips.
So, he has recommended his all-time favourite blue-chip, Tata Global Beverages Ltd alias TGBL.
According to other experts, the impending transfer of the FMCG businesses of Tata Chemicals to Tata Global and the renaming of the latter to ‘Tata Consumer Products‘ will transform the fortunes of TGBL and set it on the multibagger path sooner than later.
.@TataCompanies moves to bring FMCG businesses under one roof. Tata Chemicals to transfer branded food businesses to Tata Global; aims at unlocking value and aligning revenue and cost synergies. New entity to be called Tata Consumer Products pic.twitter.com/eotAs9BLrJ
— ET NOW (@ETNOWlive) May 16, 2019
I sense both Tata Global & Tata chemical likely to get re-rated
Both stocks on radar of Special situation funds, PMS, mutual funds.
Not possible to share much on social media https://t.co/RWKX1kfFAS— Rakesh Bansal (@iamrakeshbansal) May 28, 2019
Repro – Vijay Kedia
Repro India is the crown jewel in Vijay Kedia’s portfolio of multibagger stocks.
As of date, he holds a treasure trove of 6.51% of Repro’s equity, worth Rs. 36.9 crore.
Vijay Kedia’s fascination for Repro India arises from the fact that he strongly believes that the Company will “disrupt” the publishing sector and generate mega multibagger gains the way Apple did.
Next Big thing and theme is "Disruption". Anything which can be disrupted will be disrupted.
Let's find such story.— Vijay Kedia (@VijayKedia1) December 8, 2015
@Mayank50feather yes. Rapples also but mainly one book factory is very big disruption from Repro.
— Vijay Kedia (@VijayKedia1) December 10, 2015
Repro india
Mukul agarwal holds 2.52%
Vijay Kedia holds 6.78%
Data on the books industry
Indian book market is 37000cr growing at 19%
Online book market in india is 1200cr
About 1 lac books get sold per day
In next 3 years online book market is to grow to 10000cr— Navin Shetty (@Navin_Shetty1) December 11, 2017
Other seven stocks
The other seven stocks recommended by the other distinguished experts also need no introduction.
These are all fail-safe stocks which can be expected to churn out hefty compounding gains year after year!
All Thakela stocks. Tata Global is a failed stock. Repro is also finished. So many years there is no return. What is the hope now? Better to buy MF or ETF instead of such stocks.
Looks like many biggies are stuck in low volume junk stocks. Or expensive stocks and want retailers to bail them out. Otherwise whats the logic of stocks like Repro ? Traded 5000 in NSE and 200 in BSE on Friday. And Titan the next big ticking timebomb. God save us all 🙂
exactly
I though Porinju only buys chor company stocks. So is Tata also a chor promoter now? Or has Porinju changed his strategy?
porinju has admitted he doesn’t buy quality stocks. In his case buying quality stocks doesn’t require skill!! really sometimes he is awesome