ET Now In a chat with ET Now, Sudip Bandyopadhyay, President, Destimoney Securities, shares his views on Exide Industries.
ET Now: What would you be doing though now if your top clients coming to you for advice?
Sudip Bandyopadhyay: We have some interesting ideas in the midcap and we are advising people to buy Exide Industries.
It is a value unlocking story. The entire insurance business which is sitting inside the Exide is not getting valued. Somewhere, the value unlocking will happen and Exide will be the biggest beneficiary. Core business also is improving. Last two quarters have not been good but I believe it is improving.
ET Now: What would you be doing though now if your top clients coming to you for advice?
Sudip Bandyopadhyay: We have some interesting ideas in the midcap and we are advising people to buy Exide Industries.
It is a value unlocking story. The entire insurance business which is sitting inside the Exide is not getting valued. Somewhere, the value unlocking will happen and Exide will be the biggest beneficiary. Core business also is improving. Last two quarters have not been good but I believe it is improving.
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(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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