While a unique business model, growth opportunity and consistent track record are the positives for the issue, the pricing appears stiff.
Tough market conditions and low valuations are the key hurdles for the Wockhardt management as it tries to tide over its debt problems.
A well-balanced board of directors, proactive shareholders and swift action against malpractices could restore market confidence.
Stick to disciplined investing. Do your homework thoroughly before committing your funds or you will be speculating. This is not advisable on both counts of managing risk and enhancing returns. Preferably, add companies that are leaders in their respective businesses. The companies should have reasonably decent prospects, sound management and strong entry barriers, apart from healthy financials that will help them tide the current rough patch.
Despite the hiccups experienced by the auto component industry, better growth prospects and low valuations suggest that it's a good time to buy solid companies in this space.
Fund managers and wealth advisors say that in the long-term diversified equity funds are the best bet.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances