Fund Manager Talk | Defence stocks rally shows FOMO taking over rationality, says Kotak’s Atul Bhole

Fund Manager Talk | Defence stocks rally shows FOMO taking over rationality, says Kotak’s Atul Bhole

The recent ferocious rally in defence stocks post the recent skirmish is yet another example of greed or FOMO taking over the rational investing behavior, says Atul Bhole, EVP & Fund Manager, Kotak Mahindra Asset Management Company. “Since Operation Sindoor, defence stocks bounced back significantly and are again trading at much higher valuations than can … Read more

Up 286% in 1 year! Multibagger defence PSU stock can further gain 19% in next 2 quarters

Up 286% in 1 year! Multibagger defence PSU stock can further gain 19% in next 2 quarters

Shares of Mazagon Dock Shipbuilders have delivered multibagger returns to investors in the last one year, rising as much as 286%. The stock is in a bull run for the last month due to multiple triggers. It has risen 37% during this period. Mazagon Dock Shipbuilders is one of India’s leading shipbuilding yards, having evolved … Read more