Well, in this volatile markets, a lot of Investment managers, fund managers would recommend you to invest in defensive sectors like Pharma & I am none different opinion. In the current high interest rate scenario, one should look to invest in defensive sectors which have no or small amount of debt in their books of accounts as high interest rates are eating up majority of the profits of high debt companies like Unitech, HCC, DLF, GMR Infra.
(Source:www.nooreshtech.co.in)
If you like reading this article, you may look up to read these articles
I would advise my readers to invest in defensive sectors & one such good stock is Divis Lab. A good fundamental stock with technicals working in its favour.
Market Cap- 10405 Crores
EPS- 32.85
Dividend %- 300%
PE Ratio- 22 (low for any debt free pharma stock)
EPS- 32.85
Dividend %- 300%
PE Ratio- 22 (low for any debt free pharma stock)
(Source:www.nooreshtech.co.in)
If you like reading this article, you may look up to read these articles
No comments:
Post a Comment