Tuesday, June 23, 2020

Selling these Two Over Priced Stocks

1. Glenmark Pharmaceuticals Ltd – The stock is in news after the COVID-19 medicine news. For Its Fabiflu, the market opportunity is expected to be less than Rs 1 bn. , which has less contribution to its Bottom Line. Huge Debt is nowhere to go out of balance sheet.2. Bajaj Holdings & Investment Ltd – Sudden rise in its stakes in Bajaj Finance, makes it Value rich.Disclaimer : We are / may going to take exposure shortly.
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