Saturday, April 11, 2020

Stocks to Place in Market Watch List

Synthetic textile &  manmade fibre (MMF) textile segment are the worst hit by the COVID-19 epidemic , even they are unable to pay the wages / salaries to its workers. ( Read NewPaper article )

As we are a value picker, We see the rosy picker while venturing into these sectors to find the Multibaggers / Undervalued stocks for our investment. While searching the data base, we have picked two stocks to put in out watchlist. Though neither of them are at right value. We will wait & watch for inclusion in our portfoilo.

1. Stovec Industries Ltd

2. Lakshmi Machine Works Ltd

Disclaimer : We are / may going to take exposure shortly.
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