When I had a stock booking firm in late 90s and early 2000, I used to have a client who was an active investor in Eicher- he used to tell me to buy it and place it under my mattress- stock used to trade @ 18-19 then..... I was also bullish but never bought it
*broking in previous tweet.
Actually I think it was in 1996 or 1997, #BusinessIndia magazine did a story on Eicher and how the company is planning to rejig its entire bike portfolio- anyone who used to subscribe to BI then would remember that story.....
I feel one sector that is gonna see massive boom in India is corporate medical testing space - the sector is ripe for massive increase in next 5 yrs and valuation will do a catch up for sure!
Two stocks in diagnostics space- check 52 week high low and that shows downside is limited- also we need to look at Pharma firms manufacturing testing kits.... will be blockbuster cos in next 5 yrs
Check the two - there is every reason to rate Thyrocare higher than DrLal- either latter will come down or former will pick up- the disparity will have to go!
Both are debt free -
Size of the market is huge, mostly unorganised and decentralised - perhaps some entrepreneurs shud start an Uber of Medical diagnostic
This stock is another great opportunity- although price has run ahead of its current valuation but stock is poised to scale new highs in next few year- 5000 in next couple of years is a reality!
Another one- this stock also holds potential to become big - floating stock is way too low and hence stock can scale new highs
Another stock that will give decent returns over next few year
Contrarian buy- can give good returns
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