COMPLETE CIRCLE CONSULTANTS
Is it prudent to chase FMCG stocks or wait for correction? Gurmeet Chadha answers The tougher reforms I think might take a bit of a backseat or probably would require more manoeuvring but the normal policy reforms like the price to be given for defence or power solar panels or auto and in general the economic reforms which are mo...
06 Jun, 2024, 08.00 AM ISTFinancials, capital goods likely to lead; expect rotation in defence, railway names: Gurmeet Chadha There is indeed a shortage, and discounts have virtually disappeared, not just for air conditioners but also for refrigerators and air coolers. Companies like Voltas performed well initially, but their recent results, especially in the EMPS space, w...
03 Jun, 2024, 08.00 AM ISTBe selective in FMCG stocks, in infrastructure, wait for dips: Gurmeet Chadha Gurmeet Chadha says one of the main issues with most EPC construction names is the working capital cycle and margins because the projects are long gestation, you do not know what commodity prices would behave and people have some memories of 2003 to...
23 May, 2024, 09.21 AM IST- ADVERTISEMENT
No harm in taking some money off the table in power finance companies, PSU banks: Gurmeet Chadha Gurmeet Chadha suggests investments in tier II banks, good NBFCs like Poonawalla UGRO. He discusses impacts on stocks like PFC, REC, IREDA due to RBI norms. Chadha also mentions the excitement around Aadhar IPO and counter cyclical investments in va...
07 May, 2024, 09.06 AM ISTWhat is causing consolidation every time the market is moving higher? Gurmeet Chadha answers Chadha notes caution pre-election due to US yields, advises good earnings as hedge. Impressed by Britannia, Tata Consumer, Axis, ICICI banks. Favors ICICI, Axis, HDFC, Kotak for growth potential and asset quality in banking sector.
06 May, 2024, 04.36 PM ISTTCS setting up four large BSNL data centres in Rs 15,000 crore 4G deal Tata's IT arm and C-DOT, a government agency, will deploy India's first locally developed 4G network solution for BSNL across its entire service area. This involves installing equipment at 38 locations.
24 Apr, 2024, 06.00 AM ISTBiased towards large and large midcaps in terms of incremental allocations: Gurmeet Chadha Gurmeet Chadha discusses varying valuations, smallcap index trends, Blinkit's potential, HDFC Bank's performance, and potential earning surprises in textiles, defense, space sectors, and chemicals amid the earnings season. Chadha says selectively tr...
23 Apr, 2024, 09.27 AM ISTGurmeet Chadha explains why his biggest largecap holdings are counter-cyclical in nature Gurmeet Chadha discusses stock picks, including ITC, HDFC Bank, and HCL Tech. Favors Ganesha Ecosphere, Tata Consumer, and Sandhar Technology. He id bullish on Bharti Airtel, while remaining cautious on Vodafone FPO's equity dilution. Chadha also sa...
19 Apr, 2024, 09.27 AM ISTGurmeet Chadha on 2 investment themes he is betting on in FY25 Gurmeet Chadha discusses market performance, capex cycles, rising retail investment, financial opportunities in HDFC, Kotak, NBFCs, and energy stocks like Power Grid, emphasizing the shift towards equity ownership. He believes In fact, this $3-billi...
29 Mar, 2024, 10.00 AM ISTWhere to do bottom fishing in this volatile market? Gurmeet Chadha answers Gurmeet Chadha discusses investment opportunities in railway, defence, auto ancillary stocks, chemicals, and metal sectors. He also shares insights on market triggers, liquidity flow, sector-specific considerations, and strategic portfolio adjustmen...
19 Mar, 2024, 09.47 AM ISTPrefer non-financials; for NBFCs and banks, wait for rate cut: Gurmeet Chadha Gurmeet Chadha says: "We are more constructive in non-financials. The way we are adding 25 lakh investors every month in capital markets. So the depository, the RTA agents, the AMCs are in my view better play and probably more structural and more as...
07 Feb, 2024, 09.48 AM ISTGurmeet Chadha on how to play in contrarian bets in IT, chemicals & NBFCs “There is some lack of opportunity in small and midcaps. A more balanced approach is needed. I made this point two months back also. Today, the 10-year bond in India has gone down from 730 to 715 since the Fed pivoted. We will see multiple rate cuts...
20 Dec, 2023, 10.44 AM ISTTata Tech can be added in a staggered manner if it comes below Rs 1,000: Gurmeet Chadha “One should be more patient. We have seen with IPOs that whenever they have this kind of listing, one gets opportunities maybe in a few days or a few weeks down the line. For example, we have exit polls today, so there is one headwind which probably...
30 Nov, 2023, 01.32 PM ISTGurmeet Chadha’s pointers on playing the power bouquet; where to bet in NBFCs “We have trimmed a little bit because the stocks ran up very quickly. So it is not that we have any fundamental negative view on it. And the RBI governor has been talking about potential stress which may come in the unsecured side and that means onl...
24 Nov, 2023, 09.51 AM ISTIs the peak over for the PSUs or is there a lot more legs to this rally? Gurmeet Chadha answers “The defence space excites us. HAL looks very good. Railway capex, again, as a theme, has a lot of legs, we are seeing very strong demand for Vande Bharat coaches, for wagons, as well as for the wheels. Titagarh is something we track. So be a little...
03 Nov, 2023, 10.16 AM ISTHow to cash in on the almost bottom-up story of rural recovery? Gurmeet Chadha explains “Elections are coming; on Wednesday, the government increased the DA for government employees and pensioners. We will see more and more rural spending pick up with the crop season, with a lot of announcements, as well as a huge festive season ahead....
19 Oct, 2023, 09.18 AM ISTWe expect lot of opportunities for wealth creation in next seven years: Gurmeet Chadha There are a lot of similarities. The old economy stocks are coming back. There is massive infrastructure spend which is taking shape through metros, through road, rail, airport infrastructure and there are early signs of capex and a lot of private c...
17 Aug, 2023, 02.35 PM ISTDefence story not over; in pharma, focus on 2 themes: Gurmeet Chadha “In pharma, the focus is now shifting to the CDMO space, which has been an underperformer. We have seen some uptick in Divis, Laurus. Newland has done very well. This space looks the most attractive from a long-term perspective. One can also look se...
07 Aug, 2023, 05.27 PM ISTSBI Q1 results slightly soft on NPAs and credit growth: Gurmeet Chadha "In home loan, SBI has already overtaken HDFC and now runs more than over Rs 6 lakh crore loan books. I am not really too concerned. The softness on loan growth and maybe on the NII the market wanted a little better. We would wait for a day or two. ...
04 Aug, 2023, 03.08 PM ISTDespite the run-up, Reliance continues to be nicely balanced: Gurmeet Chadha “It has been a while since Reliance Industries consolidated. The earnings were pretty strong. The O2C segment did pretty well while Jio continues and retail continues to get more traction. Also, the demerger of Jio Financial Services was another sma...
28 May, 2023, 10.21 AM IST