What to expect from consumer durable stocks going ahead? Sandip Sabharwal answers

economictimes.indiatimes.com:

«Among the new stocks which we have bought has been after the AC story and I think consumer durable uptick is expected, I believe one company which is on the durable side, which has also been in doldrums because of various factors has been Crompton Greaves Consumer and it is a big player in the fans market and I believe along with AC the fan market revival is also very significant and it has not really gone anywhere over the last few years,» says Sandip Sabharwal, asksandipsabharwal.com.

Everyone is of the view that if you buy into Vodafone FPO, if you are subscribing to it, you were getting it at a discount. The underlying price Rs 13 if you are getting at the FPO sub-11 rupees which means there is a nice little arbitrage to be made here.
It is a bull market and a lot of people are trying to play this thing. In fact, I got queries that should we sell off Bharti Airtel and move that money into Vodafone Idea.

Now, I think given the value of the stock, percentage gains even if it rises Rs 2 or Rs 3 are very substantial. But whether that will play out or not is anyone's guess. In my view, Vodafone Idea, the pace at which it is losing subscribers and whatever cost structures are there, the capex requirements in the telecom industry, I do not think it will ever make profits and if that is the scenario, what do minority shareholders get out of it? So, I think more of a punt rather than an investment bet.

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