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