homemarket Newsstocks NewsComplete Circle's Gurmeet Chadha prefers BPCL, GAIL, and SBI from PSU space
Complete Circle's Gurmeet Chadha prefers BPCL, GAIL, and SBI from PSU space
Gurmeet Chadha, Co-Founder & CEO of Complete Circle Consultants talks about its preferred picks. From the public sector undertaking (PSU) pack he prefers Bharat Petroleum Corporation Ltd (BPCL), GAIL and State Bank of India (SBI).
Gurmeet Chadha, Co-Founder & CEO of Complete Circle Consultants talks about its preferred picks. From the public sector undertaking (PSU) pack he prefers Bharat Petroleum Corporation Ltd (BPCL), GAIL and State Bank of India (SBI).
“I like few names. BPCL is available at 40-50 percent below the price it could be divested at. The other one I like is GAIL despite moving out of the index. SBI I continue to like,” said Chadha.
In the auto space, the analyst prefers Tata Motors.
Talking about the BFSI space, he stated that the central government lifting the embargo on granting business to private banks is a positive reform.
“IDFC First Bank looks pretty good. Even RBL Bank should do well. However that is more because of the improvement in operating performance and less to do with this news as such,” he said.
For more, watch the video...
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(Edited by : Pranati Deva)
First Published: Feb 25, 2021 10:23 AM IST
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