2) HDFC AMC
- If you believe the Indian economy will grow in the future, you should understand that a lot of money is sitting on the sidelines in FD and will have to move to capital markets.
- Even if 10% of the money parked in FD moves to capital markets, AMC will benefit.
- If you believe the Indian economy will grow in the future, you should understand that a lot of money is sitting on the sidelines in FD and will have to move to capital markets.
- Even if 10% of the money parked in FD moves to capital markets, AMC will benefit.
- This leads me to be very bullish on HDFC AMC. The network of HDFC Bank will be very beneficial for HDFC AMC to have expedited growth.
- The stock is trading st a PE of 30 with a Median PE of 43. I believe this company is undervalued and can easily double in the next 4-5 yrs.
- The stock is trading st a PE of 30 with a Median PE of 43. I believe this company is undervalued and can easily double in the next 4-5 yrs.
3) ICICIGI & HDFCLIFE
- Another sector I am bullish on is the insurance sector. Over time hopefully, people become financially sane and understand that even a single medical emergency in life can end up taking away whole life's worth of savings and investments.
- Another sector I am bullish on is the insurance sector. Over time hopefully, people become financially sane and understand that even a single medical emergency in life can end up taking away whole life's worth of savings and investments.
- Both these are insurance companies from 2 of the largest groups in India, i.e. HDFC and ICICI. Both are very undervalued at current prices and have a huge long-term opportunity.
I hope you've found this thread helpful.
I update the stocks I am looking to invest in on my telegram channel, you can join it for free here: t.me
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I update the stocks I am looking to invest in on my telegram channel, you can join it for free here: t.me
Follow me @mohitsharmadl for more.
Like/Retweet the first tweet below if you can:
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