A sustainable turnaround which is for real: 6 stocks from different segments of power sector with upside potential of up to 43%
- Posted on November 29, 2024
- By Business News Today
- 2 Views
A sustainable turnaround which is for real: 6 stocks from different segments of power sector with upside potential of up to 43%
As the market corrects, investors are faced with the age-old dilemma: Hold or sell – or, indeed, buy? In the case of some sectors, the dilemma is more acute as the choice is between the fear of losing an opportunity and the greed to protect profits. If you bought power stocks even two years ago, you are sitting on decent gains. So when the market corrects, the instinct is to protect the profit. In times of such confusion, look for answers to three questions. One: Are the fundamentals of the sector on a strong footing? Two: Does the business and sector have a high probability of continued growth? And three: How is the valuation? The smog will clear and you will take a rational approach – rather than looking at the Nifty and Sensex.