Stock ideas for short term vs long term
I have portfolio of Kalyan jewellers, welspun corp and Arvind for short term gains. But these stocks are hitting industry PE. For long term I have ujjivan bank and coal India.
Any suggestions for short term and long term?
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NMDC
Any rational for the same?
The company is undergoing an overhaul. They have reset their focus on steel, recently have started a steel plant, some more iron mines planned. Apart from this ores/minerals they haven't yet mined would now be focused on, Gold, diamond, precious metals, foreign investments/mining. Got a new logo as well. Company is getting rejuvenated. Not just NMDC, many PSU companies are now cutting fat, making sizeable profits. Of this only NMDC is that diversified with its mining operations. So a safer long term investment. Short term uh right now everything is near ath. so yeah a long term trade decision
Titan, Pidilite, Astral for long term.