Good opportunity in smaller companies: Gul Tekchandani
There is enough and more opportunity in the smaller companies, which are at Rs 150-200, there is a lot of money to be made.
At current levels, what is it that you would be looking to buy?
Every P/E B group stock, which is below 5 P/E is a buy provided there is less debt on the balance sheet and believe me there are several of them. We could continue to look at it. You should go around for hunting now without names.
There is a big opportunity everywhere including some of the stocks, which are in the process of getting de-listed like the rumour on UTV. You see the stock the way it has moved up and today you saw how Colgate has moved up, several like that, Glaxo Consumer, Godfrey Philips, there is enough and more opportunity and including in the B group, I am saying in the smaller companies, which are at Rs 150-200, there is a lot of money to be made.
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