March 6, 2011 by akhilendra
Stock idea- Adani Enterprises
In this phase of bear market, having a long term view is very important. Markets are expected to roam in the same range for next few months. We have seen how markets have risen and fallen for few hundred points in one day, So one can simply make and break the fortune in one day but there are few stocks which deliver good return over a period of next few months.
Adani Enterprises is one stock which can deliver good return in next few months. One need to understand that these are not short term bets though they can deliver good returns in short term also if markets does well. If you are able to get returns in short term then exit and can again enter if it falls in the future. They are basically meant for short long term and with a vision of minimum one year.
Adani Power and Mundra Ports & SEZ, which are the subsidiary companies of the group has helped company to unlock great value in infrastructure segment. Adani Enterprises looks very good from fundamental as well as Technical point of few. They are in coal mining also which is expected to contribute to their earnings. Their business segments and model will help them in increasing their earnings.
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