Rakesh Jhunjhunwala : How to buy multi bagger stocks?

For any investor, buying stocks which can be multibaggers are the most attractive option. Raamdeo Agrawal, Director, Motilal Oswal Financial Services owned over 10 multibagger stocks, while Sanjoy Bhattacharyya, Partner, Fortuna Capital owned over 100 baggers. And we all know about the success story of Rakesh Jhunjhunwala, legendary investor in Indian stock market.

But how does one identify a multibagger? Valuation, a company's fundamentals, a business that promises growth over time, management's integrity, rational allocation of capital etc decide if a stock is of the multibagger variety.

Infosys a best value pick

Infosys is one of the best value picks in this market today, says PN Vijay, Portfolio Manager.

Vijay told CNBC-TV18, "The technology pack I think represents a great buying opportunity. In fact the bear operators had the temerity to short TCS and they quickly realized their mistake and covered. I think people did a little bit of over reaction to the possible fall in the contracts from US and the European Union (EU). EU of the big nations are doing quite well, the France’s and the Germany’s of the world and even UK started doing well. So, I don’t see any great slowdown in contracts and on the other hand the technology companies have hired adequately their bench level as the percentages back, they do have a cost problem. But I think the big technology players especially Infosys is one of the best value picks in this market today."

Source : Moneycontrol

Rakesh Jhunjhunwala : Golden period of Indian equities is still ahead

In an exclusive conversation with ET Now, Big Bull Rakesh Jhunjhunwala says that the next 3 months are likely to be very difficult period for the markets, but he is extremely bullish on their long-term prospects. Excerpts: 

ET Now: Indian markets have been stuck in this range from last six months. Do you think we could remain in this range for an extended period of time? 

Rakesh Jhunjhunwala: The next three months are going to be a very difficult period for the markets. The chances to break down to me seem to be greater than the chances to break up, at least in the next three months.

GTL tanks 60%, firm says fall 'attack on group'

Shares of the GTL group plunged on Monday, even as it is not yet clear what triggered the sell-off in them.

Flagship GTL was down nearly 60% to Rs 135, and market talk is that the slide could have been accentuated by margin calls getting triggered. Promoters hold around 52% in the company, of which a little over 24% has been pledged with lenders, according to the company's filing with the stock exchanges as on March 31.

Bull's Eye: 12 must-have stocks for your portfolio

Bull's Eye, the popular game show on CNBC-TV18, offer investors a chance to have a look at the stocks that can be added to their portfolio. In today's game, Prakash Diwan of Networth Stock Broking, Ashish Tater of Fort Share Broking and Kunal Bothra of LKP Securities place their respective bets in four stocks each. Investors can read into the detailed analysis made by these experts before agreeing to any or all the bets. Below are the stocks and their analysis:

Rakesh Jhunjhunwala : Next 3 months to be very difficult for markets

In an exclusive conversation with ET Now, Big Bull Rakesh Jhunjhunwala says that he is concerned about the impact of inflation on Indian equities and it is indeed the biggest risk for the markets. He says that the next 3 months are likely to be very difficult period for the markets. Excerpts: 

What is your view on the markets? 

The next three months are going to be a very difficult period for the markets. The chances to break down to me seem to be greater than the chances to break up, at least in the next three months. 

BHEL: Q4 revenues up 32% at Rs17,921.4 cr

Financial highlights
- Revenues in Q4FY11 rose 32.2% to Rs17,921.4 cr y-o-y with an OPM of 23.4%, a y-o-y  increase of 280 bps. 

- PAT stood at Rs2,798 cr, a growth of 46.5% y-o-y.  

- Change in accounting policy during FY11 related to provision for warranties resulted in an  increase in revenue and PBT of Rs2,772.8 cr and Rs695.5 cr respectively which was higher than Rs2,450 cr and Rs410 cr stated during the provisional results. 

- Order inflow during the quarter was down 4.1% y-o-y.  Outstanding order book as of 31st March 2011 stood at Rs1,624 bn providing revenue visibility of  over 3 years.

- Company declared a final dividend of Rs17.9 per share in addition to interim dividend of Rs 13.25 
per share during the year.