PSU stocks

Mazagon Dock Shipbuilders share price: Multibagger stock dips as ICICI Securities sees 77% downside

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Mazagon Dock Shipbuilders share price: Multibagger stock dips as ICICI Securities sees 77% downside

Mazagon Dock Shipbuilders share price traded sharply lower in early trade on Monday as brokerage firm ICICI Securities sees a massive downside of 77% on the defence PSU stock. Mazagon Dock shares declined as much as 5.5% to ₹4,700.00 apiece on NSE. ICICI Securities believes the defence stock Mazagon Dock Shipbuilders share is overvalued at … Read more

Why Samir Arora of Helios Capital is betting on travel and PSU stocks

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Why Samir Arora of Helios Capital is betting on travel and PSU stocks

A bulk of Arora’s own equity investments have been made through Helios’ funds. On the consumption side, he has turned cautious on traditional consumption themes such as consumer durables and consumer staple. Instead, he has now built up positions on a consumption sub-theme – travel. “Indian consumers want to spend more on experiences. We have … Read more