Invest in stocks that create value over time: Gaurang Shah

In an interaction with ET Now, Gaurang Shah, BNP Paribas Financial Services, shares his views on various automotive stocks.

ET Now: Any other five-digit stock?

Gaurang Shah: With this case in point, you have MRF, you have Bosch, you have Eicher Motor and likewise couple of other stocks. Very recently when Bosch corrected on fallback of the Volkswagen and Audi news flow, likewise Motherson Sumi also corrected but that is a three-digit stock, so speaking about Eicher Motor and Bosch, my sense is that they are value creators in a portfolio.

I mean for a retail investor it is going to be extremely difficult to go and buy into such stocks but my sense is that in case if you can definitely allocate some investment from your capital, then you should definitely have names like this, Bosch, Eicher Motor or even MRF as a matter of fact because these are value creators over a period of time.