Prime Stock recommendation: A capital goods player taking the inorganic route

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8 thoughts on “Prime Stock recommendation: A capital goods player taking the inorganic route”

  1. Sivasubramanian Viswanathan

    Hi, could you share the link where I can get the PDF of Latest quarterly MF reviews document?, the previous one I have is June 2021. Thanks

  2. What should we consider as a dip? Like is 5% drawdown from the recommended price count as a dip or is it some different percentage? Asking for folks who don’t track market daily and hence can create a GTT order for that price.

    1. Sir, a 10-15 percent correction is necessary for meaningful averaging. We also alert but on deeper corrections, to make for more meaningful averaging if there is a deep market rout. thanks Vidya

  3. Thanks for the recommendation and thesis. Can you elaborate on why not SIP ? And the implications that you are trying to prevent by that ?

    1. With MFs, they fall with market and therefore averaging opportunities arise. With individual stocks, they may either be bucking the trend even when markets fall or be falling for a not-so-good reason. It is for this reason we don’t recommend a SIP on stocks. best to buy on dips. if there is anything negative, of course, count on us to alert you. Or if the correction is deep, we do give averaging calls if nothing is other wise wrong with the stock. thanks, Vidya

      1. Hi Vidya, if you recommend against SIP on stocks, please elaborate on the investment strategy a member should follow when it comes to your stock recommendations, if they have a lump sum to invest. Should they just invest a part of that sum equally in all the recommendations and wait for the next market dip? Or should they constantly monitor the stocks for dips and deploy accordingly? Or should they only wait for your averaging calls?

        1. Hello Sir, Our stock recommendations are a LIST of recommendations and NOT A PORTFOLIO. You would need to choose the ones that you wish to hold, based on what you already hold. Please read this article on our philosophy to investing in stocks. https://staging.primeinvestor.in/varsity/primeinvestor-approach-to-stock-recommendations/ Yes, you need to buy on dips and we also provide alerts on steep falls (We do not try to give calls for 3% or 5% falls). But when you do this, you need to make sure the stock does not become a large portion of your portfolio. If you have not already read, you can read these 2 articles on why we don’t favour SIPs in stocks:
          https://staging.primeinvestor.in/varsity/sips-in-stocks-should-you-go-for-it/
          https://staging.primeinvestor.in/varsity/sip-in-stocks/
          Vidya

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