Paper stocks like BILT do not make very exciting tradable bets: Vijay Bhambwani
For long term investors they have been lagging behind other attractive segments. I do not think that these are really top of the mind recall.
| Updated: In a chat with ET Now, Vijay Bhambwani, Author, CEO, BSPLindia.com shares his views about the paper stocks.
ET Now: What is the call on paper stocks?
Vijay Bhambwani: These are not really the most active segment in the market and you see sporadic moves coming into these counters. Ballarpur Industries (BILT) is basically more prominent name as of course is JK Paper but what you see is fairly prolonged phases of inactivity and then some moves in bits and pieces. These stocks do tend to move in snatches. So, they do not really make very exciting tradable bets. For long term investors they have been lagging behind other attractive segments. I do not think that these are really top of the mind recall in terms of either portfolio picks or tradable securities.
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