Top Stocks To Invest In - Q3 2018 Edition
Below INR 50
#PROVOGE
A super-small cap stock, I believe it is highly undervalued. Provogue is a brand that has good recall value, and is associated with high-quality clothing. It also faces extreme volatility, and hence has great utility in the Trading space. It has also taken a beating of 6% in the recent trading. Buy low, sell high!
Outlook - short-term
Purpose of Recommendation - pure trading
Type of Investment - high volume, low price
Special Note - not recommended for long-term
#BALLARPUR
Though the sugar industry's going through a slew of troubles, I seem to be seeing this company's name on every sugar packet I pick up at cafés and restaurants. Seems to be a good value proposition!
Outlook - short-term and mid-term
Purpose of Recommendation - trading and investment
Type of Investment - high volume, low price
Special Note - invest only if you are actively reading up on the sugar industry
#HATHWAY
Having taken a huge beating thanks to Reliance Jio's recent announcements, I still believe that Hathway's a great bet. I personally have a Hathway connection, and they're great with service and pricing. Fundamentals look good. Must look at how the management deals with the new realities and dynamics of the market.
Outlook - short-term and mid-term
Purpose of Recommendation - trading and investment
Type of Investment - high volume, low price
Special Note - invest only if you are actively reading up on the sugar industry
That's it for now. We'll look at how this new series pans out. Future plans include "Below INR 100" and "Below INR 150" versions too. Who knows, if there's really good demand, I may even start a dedicated website or email subscription service based on this format. It is too early to talk about pricing.
Disclaimer: Pranav Joshi is not a SEBI registered investment advisor. Stock recommendations made in current and subsequent articles are purely for educational value, and do not construe investment advice. Investments in equity and equity related securities involve high degree of risk. No performance in guaranteed, and the Author may or may not personally invest in the said recommendations. Pranav Joshi is neither responsible nor liable for any losses resulting from investments in given stock recommendations.