A true long-term investment is that slow and steady such investors are in great need of patience besause these types of shares cannot make you rich orvernight.
Stocks for long team invester
- Mahindra CIE:- Current market price is 134.80 Market cap is 5227 cr June quarter result weak due to the pandemic company revenue fell sharply and the margin is negative.
- YoY Decline of 65% in sales due to COVID -19 EBITDA negative due to negative operating leverage.
- Domestic business seems promising, the management indicated that the business should reach per- COVID Levels in a Quarter.
- The company getting new business from new customers, which also helps to recover faster.
- The stocks down by 23% from its 52 week high
- Valuation at a reasonable price
Opinion
After researching this share, we feel that this share can show good levels in the Long term,
