The focus should be on stock selection of companies with efficient leverage, higher operating and free cashflows, strong cash conversion cycle and robust track record of ROEs and ROCEs.
Secular stocks are the type of investments which can be made for the long term while cyclical stocks can be held for a 1 to 3-year horizon roughly.
The stocks listed below show the potential to tide through storms and emerge victorious on the other side of the downside.
With a runway of opportunities ahead, these 10 names – if bought in a basket approach and kept for the long term – can make healthy returns for an investor.
Indian Energy Exchange (IEX)
August Electricity Volume Up by 21%. Day Ahead Market Sees 7.3% Increase . Real-Time Market Volume Surges by 21%.
Market Clearing Price Soars by 33%
Mahindra & Mahindra Financial Services (M&M Fin)
August Disbursement Jumps by 15% to ~4400 Cr. Year-to-Date Disbursement Up by 22% to ~20,950 Cr
August Collection Efficiency at 96%
Tata Steel
Discussions Ongoing with UK Government Regarding Fundraising for UK Plant.
Huge Future Potential.
Escorts Kubota
Tractor Prices Set to Rise from September 16.
This will increase share prices.
Hero Motocorp
Board Approves Investment of ~550 Cr in Ather Energy.
Company Holds 33.1% Stake in Ather
Raymond
Jefferies Initiates with Buy Rating, Target at 2600.
Motilal Initiates with Buy Rating, Target at 2600
Nazara Tech
Board Meeting Scheduled for September 7 to Discuss Capital Raise via Equity Shares.
This will take it upside.
Delta Corp
Societe Generale Increases Stake to 2.30% from 1.43%.
Zerodha Broking Ltd Sells Shares
SpiceJet Ltd
Approval Granted to Allot Shares to Aircraft Lessors. Shares to Be Issued to 9 Aircraft Lessors
Approval for Allotment of Shares to Promoter Entity Spice Healthcare. Rs 101.75 Crore to Be Raised through Share Issuance
