“The Avenue Supermarts stock has held up because many of the funds, PMSs, Mutual Funds who hold the stock do not sell and to that extent, the stock sustains. But I do not think such valuations can sustain. The 20-25% growth stocks trading at 100-110 valuation will never sustain. In the next couple of years’ returns from this stock will be below par in my view.”
Tiny Titans: 11 penny stocks surged up to 180% in 3 months. Do you own any?
Eleven low-priced stocks with market caps below Rs 1,000 crore and share prices under Rs 20 have gained up to 181% over three months. Kapil