Back In Action...
After a long hiatus imposed by my work, I am planning to get back into action. Given the current scenario - high inflation rate, possible slow down in economy, volatility in stock markets, the best bet would be to go back to companies with good fundamentals and growth strategy.
At this point in time, I have not done much research, but still feel Tata Teleservices is a good bet. The Tatas are finally getting into GSM space with an investment of about 2 billion USD. The tower business spin-off may also unlock value with this company. Too early days, but I will come back after some detailed analysis.
Given the current scenario, it is good to get into defensive sectors like Pharma and FMCG. Infrstructure is still good for a long term of 3 years and above.
About Me
- Raghuram
- After working for nearly 15 years in the IT Industry, went on a sabbatical for over 9 months. Now, I am starting to move into the world of freelancing. I have worked in Bangalore and Mumbai and have finally settled in my native, Chennai. Always in search of contentment and the true meaning of life.