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Mayuresh Joshi positive on M&M, Pidilite, Avenue Supermarts & SpiceJet

Updated : May 30, 2018 05:40 PM IST

Stock market guru Mayuresh Joshi Angel BrokingĀ is positive on M&M, Pidilite, Avenue Supermarts with a hold recommendation.

All the stocks have very strong moats around them and they are good run and well managed companies creating reasonable amount of leverage on their balance sheet and earnings growth expansion.

The GST council is expected to discuss the proposal to bring aviation turbine fuel under the GST ambit. If this comes through, the aviation stocks should start to move positively. From bottom-up approach, he continues to like SpiceJet, said Joshi.

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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