Dipan Mehta discusses the cautious outlook on chemicals, interest in agrochemical plays, auto sector trends, high PE ratios in capital goods, potential investments post-election, mixed earnings season results, and concerns about overvalued EMS companies. Mehta also says: “If the government comes back with a stable majority, then the best stocks to buy would be the defence stocks, PSUs. It could be PSU banks or the PSU engineering companies.”
Bajaj Finserv to split Allianz stake buyout to comply with IRDAI rules
The deal, expected to close in 15 months, gives Bajaj full control over its insurance businesses, allowing it to pursue new categories and inorganic growth.
March 22, 2025