homevideos Newsmarket Newsstocks NewsDemerged M&M more valuable than combined entity; Escorts best tractor play: Dimensions
Demerged M&M more valuable than combined entity; Escorts best tractor play: Dimensions
Dimensions Corporate Finance Services’ CEO, Ajay Srivastava feels there will be massive value unlocking in the M&M stock if the company separates its auto and agri businesses.
Dimensions Corporate Finance Services’ CEO, Ajay Srivastava feels there will be massive value unlocking in the M&M stock if the company separates its auto and agri businesses.
“Mahindra possibly could be the good play to do if they separate the two businesses – agri and auto, I think they will have a fantastic valuation, there will be much more than what they are together,” Srivastava told CNBC-TV18.
Dimensions Corporate believes Gland Pharma is a fundamentally good company. “However, I will advise not to look at buying any stock below Rs 500 crore marketcap,” he added.
He is bearish on PVR and expects a tough business environment for the company, given the pandemic-related curbs.
“We hold Rallis India in our portfolio from agrochemical space. UPL has had governance issues and so will not look to buy the stock,” he said.
According to him, sugar and ethanol stocks can look up from here on and 2-wheelers stocks is a good way to play the auto rural theme.
“Escorts – you have to keep it in your portfolio if you want a rural theme. It’s the best tractor play in Indian market,” he said.
For entire interview, watch video
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