Choksey is quite comfortable on Mahindra Satyam results from the topline front. “It appears that the numbers would follow in subsequent quarters and the company should probably look up going forward from the investment point of view in the portfolio,” he explained.
Maintaining a positive outlook on Tata Steel, Choksey suggests buying on dips.
He is also positive on ABG Shipyard.
“Some amount of pressure has been seen on the margin front but it’s a marginal pressure particularly with rise in wages, cost etc. It’s not going to be affecting the company significantly going forward either. It’s available at an attractive valuation currently and any fall in price in the market could give a good opportunity to buy, given the kind of visibility that they provide,” he elaborated.
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