SENSEX
NIFTY 50
Hang Seng
Taiwan Weighted
MCX GOLD APR 05
MCX SILVER MAR 05
USD/INR
EUR/INR80.0630

SENSEX
NIFTY 50
NIFTY MIDCAP 100
S&P BSE MIDCAP
Hang Seng
Taiwan Weighted
DAX
Nasdaq
MCX GOLD APR 05
MCX SILVER MAR 05
MCX CRUDEOIL MAR 19
MCX NATURALGAS MAR 26
USD/INR
EUR/INR
GBP/INR
JPY/INR

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Positive on Burger King; like Ipca, Divi's Labs & Cipla, says Complete Circle Consultants

Updated : December 02, 2020 12:49 PM IST

Complete Circle Consultants is positive on Burger King India as it says the valuations are extremely comforting and as the outlets grow from 250 to around 350-400, a lot of operating leverage will also come in, said Gurmeet Chadha, Co-Founder and CEO of the firm.

According to Chadha, Mahindra and Mahindra (M&M) is better play compared to peers in the space. “M&M’s sport utility vehicle (SUV) numbers have surprised me positively with the kind of numbers coming in, the Thar bookings are very impressive, there is an all-round improvement and from a risk-reward basis, a better play compared to peers,” he said in an interview with CNBC-TV18.

On the pharmaceutical sector, he said, “It is a complex sector to track vis-à-vis others. I like Ipca. I prefer more diversified plays where you have a combination of domestic formulation, exports and APIs. That is better to play over a long term. I continue to like Divi’s Laboratories despite the run-up in the stock. Even from these levels, the profits can probably double in next two to two and a half years. I also like Cipla.”

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

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