Jain Irrigation doesn't look attractive: Rajesh Jain
ET Now caught up with Rajesh Jain, director, Research & Sales, Mview: Marvadi Shares & Finance, to get his views on the outlook of Jain Irrigation ahead of the budget.
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| ET Now caught up with Rajesh Jain, director, Research & Sales, Mview: Marvadi Shares & Finance, to get his views on the outlook of Jain Irrigation ahead of the budget.
Would you still go with Educomp and EdServ which have already seen a substantial run up? What about Jain Irrigation Systems? Would you say these are consistent stories that are likely to perform especially on the policy front as far as the budget is concerned?
It has been a decade since one has been tracking the markets pre-budget and all the names you have taken are standard fixtures in most pre-budget reports. It is fairly boring to recommend Jain Irrigation or something like that.
We are looking at stories or stock ideas that can have some game changing announcements coming out in the budget or which have a multi-pronged business model which could essentially leverage on what the budget could bring and we would therefore tell our investors to look at more such stories rather than go by the heck need ideas of Jain Irrigation, not a Kalindee Rail Nirman.
Would you still go with Educomp and EdServ which have already seen a substantial run up? What about Jain Irrigation Systems? Would you say these are consistent stories that are likely to perform especially on the policy front as far as the budget is concerned?
It has been a decade since one has been tracking the markets pre-budget and all the names you have taken are standard fixtures in most pre-budget reports. It is fairly boring to recommend Jain Irrigation or something like that.
We are looking at stories or stock ideas that can have some game changing announcements coming out in the budget or which have a multi-pronged business model which could essentially leverage on what the budget could bring and we would therefore tell our investors to look at more such stories rather than go by the heck need ideas of Jain Irrigation, not a Kalindee Rail Nirman.
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