Want to invest smartly in a corporation but the pandemic has brought in fear of uncertainty? Don't know which corporation will give you benefits? Not to worry because you can now invest safely. Gurmeet Chadha Co-Founder & CEO, Complete Circle Consultants, tells you which is the best company to stick around.
Gurmeet Chadha, Co-Founder & CEO, Complete Circle Consultants, says that the leading Indian value-based company, Tata Consumer is a ten-year 'buy'. He believes there will be exceptional growth in different segments of the corporation.
When it comes to tyre corporations or tyre stocks of 2021, Chadha prefers MRF over Apollo Tyres. “I think it is a leader in all three segments it operates in. there is a premium attached to it, there is a bit of backward integration,” he said.
“The best one I like in tyres is Balkrishna Industries. The results are due. Anybody with backward integration would have a stronger chance of doing well,” Chadha added to the list of which tyre stocks would be ideal for 2021.
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However according to few other sources that TyrePlex gathered, as of now Apollo Tyres shares traded 8.64 percent higher at ₹ 246.95, outperforming the Sensex which was down 0.4 percent.
"I am extremely bullish on beverages, on the food business and this diversifying, getting into snacking, mini-meals etc," Chadha said in an interview with CNBC-TV18.
However, He is positive about investing in other industries. He prefers pharmaceutical stocks. “Our top picks include Cipla, Divi’s Laboratories in the pharma pack,” he said.
Chadha has always been constructive on Bharti Airtel. He believes the revenues will continue to grow on the stock. “For the stock to get significantly rerated, we need a tariff hike. If the tariff hike happens, you can probably see the significant upgrade but otherwise it would be a steady compounder from hereon,” he said.
To conclude, we believe that you have got an idea as to which company to invest in to receive the maximum benefit. However, please do be careful of scammers who would guide you to loss. We at TyrePlex provide you the best information to our knowledge by researching various sources that are for the sole purpose of helping out individuals.
Also See:What Do Tyre Industries Demand From Union Budget 2021?
