First, want to touch PB FintechThat’s one of the stock to focus now. As per the source deal of the block where Yashish Dahiya is likely to sell about 5 million parts of these deals without positive markets, case the case Dixon Tech?
Hemang Jani: Yes, clearly, when Cement in Market excellent and when indexes are at a long time or wherever there is actually, obviously have an temptation on the part of the promoters and some of the Private equity investors to take some income from the table. And I can’t see a bad thing, the only thing that is short run when funds growing, can have a larger size, but not a bad thing each of the current scenario.
Speaking of the specific part of the PB Fintech, the stock has passed a large corrective end, we say about six-eighth months or more than platform companies.
We think that going forward is like PB Fintech or some other plaptik companies are especially set up in the current scenario. So, not a short view of seeing there, but from 12 months or more than I thought PB Fintech would be a stock with a stock with a stock that had a stock with an insurance stock.
Yesterday’s performance we had a very interesting conversation where Nikunj was appointed how the cement space was lowered over the past 10 years. If you looked at it from a wider sight, do you believe the cement had to outsfor more?
Hemang Jani: The cement is very well placed because of the underperformance it has the last two – three years. Most importantly, when you see the industry level, there is a lot of merry and have two major players to appear. If you look at the numbers, I think operating profits in most companies look stronger and something crude something with a positive turning off now.
The only thing is that most of the monsoon season has a little bit of activity, so this quarter every set is bad, but from a 6 month names of the debilitation OrtSome of the southern owners because South India remembers the total supply of supply supply and price cents, cements better compared to some northern or Northwest companies.So, the stocks of defense can be expensive, but see how land diplomacy and global war and supremacy is changing, the defense has a long way to go.
Hemang Jani: I think the way in Geopolitics Playing in the end, we say, a year or more, have a large budget thrown in the defense it’s eurozone, us of course, China. So, it’s definitely a lot too much and remember that while all we talk about adding budget and everything, the size of Indian Defense companies not even $ 2 or $ 3 billion. I look at the data and some of the European companies or we are in terms of the terms of their main line are about $ 40, $ 50, $ 60, billion. The theme is very playing around the world and India. So, very few companies have that kind of product type to offer where there is a big part where put there. So, I think probably Bhharat Electronics,, balloonSome of the private defense names are very well placed.
