Raamdeo Agrawal believes that while everyone can invest in good times, the real test in when markets are facing bad times
Given the huge impetus on the defence by the government, the stock presents a good opportunity for investors to participate in this niche space.
Even if there is a 10-20% correction in the interim, one should not bother as the journey of markets is much bigger, says Agarwal
Ample liquidity in the system, record participation of retail investors, improving macros and earnings are set to provide further push to markets
Shares of the company traded 4.33% higher at Rs 418.10 in the early trade on August 11, while the BSE Sensex was up 112 points, or 0.21%, at 54,666
Positive momentum in the market to continue on account of strong domestic economic data, impressive quarterly results and unlocking in various states.
Tata Motors is generating strong free cash flow, which will help it pursue its business plans and reduce high debts.
Most analysts on the street are of the opinion that Zomato's continuous focus on unit economics and growth keeps the long-term story intact.
These current dips can be used by investors to add quality stocks, says Chandan Taparia of Motilal Oswal Financial Services
D-Mart reported a jump of 132% standalone net profit at Rs 115.13 crore in Q1FY22 compared to Rs 50 crore in the year-ago period