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Don’t think Future Retail warrants great attention, says Prakash Diwan

Updated : May 22, 2018 10:19:54 IST

Prakash Diwan discusses with Latha Venkatesh, Sonia Shenoy, and Anuj Singhal his analysis on the fundamental side of the market as well as specific stocks and sectors.

Talking about DLF's Q4 numbers which were announced on Monday, Diwan said, “What the numbers tell you is that the company’s focus seems to get into profitable sales. I think that is basically gearing up to make sure that they reduce whatever leverage they possibly can and start getting geared up to launch fresh projects in the low cost or affordable segment which they have usually not been very successful at.”

He also spoke at length about Future Retail, Amara Raja Batteries, Exide, GSPL, Bata, Tata Motors, Just Dial, Ashok Leyland, and UPL.

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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