homevideos Newsmarket Newsstocks NewsValuation of consumption stocks not attractive at this point, says PPFAS Mutual Fund's Raunak Onkar
Valuation of consumption stocks not attractive at this point, says PPFAS Mutual Fund's Raunak Onkar
The valuation of consumption stocks not attractive at this point, said Raunak Onkar, PPFAS Mutual Fund.
The valuation of consumption stocks not attractive at this point, said Raunak Onkar, PPFAS Mutual Fund.
Speaking to CNBC-TV18, Onkar said that valuation has to be attractive for us to invest in consumption stocks.
"If you look at our portfolio, we have megacaps, largecaps and small amount of exposure to midcaps. We are more or less oriented towards this portfolio for the past year," Onkar added.
Talking about pharmaceutical, he said the sector is a very difficult to predict right now.
Onkar further added that larger companies, which have decent management and know how to sell in international, developed and domestic markets, they have a decent balance sheet with them and can take advantage of new products coming in the markets for sale or even invest more in research and development.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
BJP is planning to ban RSS, says Shiv Sena (UBT) chief Uddhav Thackeray
May 18, 2024 8:01 PM
Punjab Lok Sabha elections: Complete list of Congress candidates
May 18, 2024 4:08 PM
Punjab Lok Sabha elections: Check full list of AAP candidates and constituencies
May 18, 2024 12:59 PM
PM Modi, Rahul Gandhi election rallies in Delhi today: Here are the routes to avoid
May 18, 2024 11:28 AM