Don’t buy psu stocks - Govt does charity, not for profits
Don’t buy low PE stocks - Market give low PE for some reason (cyclical, CG, low growth, poor mgmt, unscalable, sector headwinds, etc.)
(1/n)
#Lessons #StockMarkets
Bad ones - Ambani, Adani, Biyani
Good ones - Hdfc, Bajaj, Larsen
One must study the company before investing hard earned money. The recommendations from above channels is mostly biased.
#lessonslearnt
Ideally, A company should have minimum ROE as 20%
#StockMarket
Again there can be exceptions, and 52 week low stock can give #multibagger returns with change in mgmt and business scenario