ADAG group stocks are very high risk: Sangeeta Purushottam

"The issue is there could be trading bounces but on a fundamental basis, there are a lot of issues with the businesses themselves. They are very high risk and maybe moderate return."

| Updated: Nov 09, 2011, 12.26 PM IST

In an interview to ET Now, Sangeeta Purushottam, Managing Director, Nine Rivers Capital gives his view on ADAG group stocks.

Is the merit in revisiting ADAG group stocks this could be high risk high return idea, they are laden with that and one makes an assumption that interest rate cycle will eventually peak out in next two or three quarters. It makes sense to go ahead and buy companies, which currently have a high gearing ratio?

I am really not sure on the ADAG pack. The issue is there could be trading bounces but on a fundamental basis, there are a lot of issues with the businesses themselves. They are very high risk and maybe moderate return.

Not making enough money in stocks? Click here for real-life stories of successful investors.

Too busy to trade in stocks? Invest in Mutual Funds with ET Money!