As midcap index plunged in this week trade I see some value buying picks in midcap space.They have either zero debt,good book value or good biz model.
Hexaware form IT space is such a worth buying midcap stock.They have zero debt on balance sheet and it is trading at Rs.75 now.It doesn't mean that stock will not go to 60 or 65 levels.Anyway this is a good midcap bet form IT space at this levels
Similarly I like to buy Jaicorp @ 70 and hold for another couple of years as co have started Navi Mumbai Special Economic Zone to denotify SEZ land for IT park, township.
About 74% of NMSEZ is owned by Dronagiri Infrastructure Pvt Ltd ( DIPL), a company owned by RIL chairman Mukesh Ambani and Anand Jain of Jai corp and Sea King Infrastructure Ltd (SKIL), while the rest 26% is owned by CIDCO.
WILL COME WITH MORE INVESTMENT IDEAS IN COMING DAYS
Hexaware form IT space is such a worth buying midcap stock.They have zero debt on balance sheet and it is trading at Rs.75 now.It doesn't mean that stock will not go to 60 or 65 levels.Anyway this is a good midcap bet form IT space at this levels
Similarly I like to buy Jaicorp @ 70 and hold for another couple of years as co have started Navi Mumbai Special Economic Zone to denotify SEZ land for IT park, township.
About 74% of NMSEZ is owned by Dronagiri Infrastructure Pvt Ltd ( DIPL), a company owned by RIL chairman Mukesh Ambani and Anand Jain of Jai corp and Sea King Infrastructure Ltd (SKIL), while the rest 26% is owned by CIDCO.
WILL COME WITH MORE INVESTMENT IDEAS IN COMING DAYS
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