“The first rule of investment is ‘buy low and sell high’, but many people fear to buy low because of the fear of the stock dropping even lower. Then you may ask: ‘When is the time to buy low?’ The answer is: When there is maximum pessimism.”
- Sir John Templeton
We released Techno-Funda Stock Pick 2019 (Potential Multibagger Stock) Report on 12th Dec 2018. The stock selected under this report is a small cap company with market capital of less than 500 crores and is available well below our recommended price due to recent sell off in markets. We are glad to inform you that the company (our Techno-Funda Stock Pick of 2019) declared good growth in top line as well as bottom line in June 2019 quarter. At current valuations, we find limited downside risk with significant upside potential.
To encourage investment in equities during current scenario when overall market sentiments are subdued for broader markets - small & mid caps, we decided to share our Techno-Funda Stock Pick 2019 Report for free. This is a complimentary report for our readers. We are confident that you will find our research work useful in making informed investment decision.
Techno-Funda Stock Pick 2019 (Potential Multibagger Stock) report is a detailed report which covers company's background, Industry outlook, positive developments, financial performance of the company along with peer group comparison, key concerns & risks, technical analysis, fundamental analysis and Saral Gyan recommendation.
To receive our Techno-Funda Stock Pick 2019 (Potential Multibagger Stock) report, simply fill up the form below. Once submitted, you will receive the report directly in your inbox.
i) Rejig in Portfolio by Mutual Funds to meet guidelines defined by SEBI
Small Cap Index has not delivered negative returns for 2 consecutive years in past 16 years
Whenever, Small Cap Index delivered significantly high negative returns in a particular year during last 16 years, it has delivered double digit positive returns the very next year. While Nifty and Sensex which are down by only 9% from their life time high and delivered positive returns of around 4% since Jan 2018, Small & Mid Cap Index have underperformed by wide margin delivering -38% and -27% respectively. This divergence between Sensex / Nifty and Small & Mid Cap Index will not last for long going forward considering valuations gap emerging between large caps in comparison to mid & small cap stocks.
Its important to understand that long term gains come in equities with such short term pain. We have seen such a severe correction in small and mid cap stocks after 2011. With continuous fall in stock prices during this year, valuations of many small and mid caps become attractive to reasonable. In fact, many good companies are available at valuations which look very attractive considering the earning growth these companies are expected to deliver over next 2 years. This is not the time to sell in panic, but to accumulate good companies available at discounted valuations. Bad sentiments will not last for ever, its time for long term investors (2-5 years) to start accumulating good quality stocks which after a long time are becoming available at attractive valuations.
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