Hold on to Timex, LG and Force Motors: Gul Tekchandani

Gul Tekchandani, Investment Advisor, in a chat with ET Now talks about Timex, LG and Force Motors.

Out of the 3 stocks that you like the Timex, LG and Force Motors what is it that you still hold?

I continue to hold force, I continue to hold Timex. I do not like to play short term because then you do not forget there you have to pay 15% tax on that if you make short term capital gains, so rather trying to look at it long term and save that tax also if you can unless some thing goes wrong with the business for example in the case of Times you must have seen today your own paper Economic Times saying that they are launching the Salvatore Ferragamo range in India through Timex, so that is a big thing and slowly these all things take time and we should give them at least a year or two for them to pan out. Force I have been holding on and I will continue to hold. Wockhardt I have just bought, LG I have just bought. Force Motor continue to hold it will give me more money from here as well.