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Sudip Bandopadhyay of Inditrade Capital bullish on Tata Global Beverages

Updated : October 31, 2018 16:00:33 IST

Sudip Bandopadhyay, Group Chairman, Inditrade Capital discuss with Anuj Singhal and Surabhi Upadhyay his analysis on the fundamental side of the market as well as specific stocks and sectors.

On Dabur results, Sudip Bandopadhyay said, “The numbers were pretty much in line with what the market was expecting. Dabur has a significant rural presence and the numbers coming from the company clearly indicates that things are not probably as bad as some people were projecting in rural India."

The demand definitely is back and the numbers of all the FMCG companies are pretty much indicating towards that, Bandopadhyay said.

Bandopadhyay said he is bullish on Tata Global Beverages.

“We have been bullish on the stock for quite some time and we believe that for a long-term investor it is a good buy," he said.

The levels at which it is currently trading say around Rs 220 or thereabouts it should be in the buying list for a long trim investor, Bandopadhyay said, adding that fundamentals of the business are very strong, globally this business has been doing very well.

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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