“If not on the earnings, definitely on the valuations. So, I think that investors now again need to get extremely cautious and from a buy-on-decline kind of a strategy, now you should be trying to shift to a sell-on-rise strategy,” says Dipan Mehta, Director, Elixir Equities. As an Indian investor, what do you do, I … Read more
“Specifically, we do not have a stock list ready, like a shopping list per se. We are still observing what has happened in the quarter which has gone by,” says Dipan Mehta, Director, Elixir Equities.What does one do, just sit it out and watch or do you think it is time now to selectively start … Read more
Dipan Mehta, Director, Elixir Equities, says HPCL, BPCL & IOC are great trading stocks and you could get 15-20-30% return in a few weeks if you get the timing right. But from a longer-term perspective, I am not so sure. End of the day, there is a great deal of volatility in their earnings despite … Read more
Dipan Mehta, Director, Elixir Equities, says “I am not nibbling anywhere. I am just waiting patiently, wherever numbers are not up to expectations, trim a few holdings over there and I seriously expect that this correction could be as deep as 10-12% on the Nifty and the Sensex, who knows? We may even test the … Read more
“In the short term, I expect the market to continue to move sideways and I tend to agree that if critical levels and support levels are maintained, then gradually we have this sideways correction that will only eventually lead to a breakout on the upside, that is what I hope,” says Dipan Mehta, Director, Elixir … Read more
Dipan Mehta, Director, Elixir Equities, says: “This is as good a bull market as it gets and managements also recognise that this is the right time to take these kind of corporate actions and whether it is a buyback from Piramal or L&T, they certainly know that that is a good way of boosting their … Read more
“If you look at the IDFC First Bank numbers last two to three quarters, they are best in class on almost all financial parameters. They are amongst the number one or two within the space,” says Dipan Mehta, Director, Elixir Equities.The Citibank acquisition is coming, I would say, at a discount to what the original … Read more
“Allocate 35-40 % in banks, 15% in midcap software, 15 % in auto, 15% in profitable platform companies and 10% in new age digital companies,” says Dipan Mehta – Founder Director at Elixir Equities Pvt. Ltd.In an interview with ETMarkets, Mehta, said: “Banks, as this is the golden period for them with decent demand for … Read more