PB Fintech Block deal short -term instability, long -term story intact: Hemang can stimulate Jani

Hemang Jani, an independent market expert, says, “Special talk about PB Fintech, the stock has gone through the last major improvement, let us say, about six to eight months or more, but as an idea we do like platform companies,” says Hemang Jani, an independent market specialist.

First, PB wanted to touch Fintech, it is one of those stocks that will focus today. According to sources, there will be a block deal in which Yashish Dahiya will sell about 5 million shares at a price of 1800. If you can give us a little sense how you will see this specific deal, in which such deals were not taken positively by markets at this time, in which case is Dixon Tech?
Hemang Jani: Yes, clearly, when the market spirit is very good and when the indicators are all-time high or are really somewhere, obviously, the promoters and some private equity will be tempted to make some profit from the table. And I don’t necessarily have as a bad thing, the only thing is that if the funds raise quantum are at a larger size, it can put some pressure on liquidity, but there is no bad thing in the current scenario.

Talking about PB Fintech, the stock has gone through the last major improvement, let’s say, about six to eight months or more, but as an idea we choose platform companies.

We think something like PB Fintech or some other platform companies is better placed in the current scenario. Therefore, there is no short -term view, but I certainly feel that PB Fintech will be a stock that is definitely due to the specific offering fur in insurance and other related products.

We were having a very interesting conversation on the show yesterday where the Nifty was pointing out how the Nifty has done in the last 10 years. If you take a look at it from a comprehensive point of view, do you believe that the cement takes the Nifty to move on?
Hemang Jani: The cement is placed very well because it was in the last two to three years. Most importantly, if you look at the industry level, there is a huge consolidation and there are two big players who have emerged. If you take a look at the numbers, I think most companies have looked very strong operating per tons of power, and the fact that the crude price has really come to whatever is really, some kind of positive rubbing will be.

The only thing is that there is usually little activity during the monsoon period, so this may not be great in the quarter in terms of volume growth, but with the names of 6 to 12 months, such as ultrate, remember that the overall demand-pour situation is better in South India, so compared to the cement.

Therefore, defense stocks can be expensive, but given how the diplomacy and supremacy of the land and the global war are changing, the defense has to be long -lasting.
Hemang Jani: I think the way geographical states have played in the last, let us say, one year or more, there is a big budget that will be thrown on defense, it is Eurozone, of course, Middle East, India, China. Therefore, certainly this theme will be huge and remember that when we are all talking about the rising budget and all of them, the Indian Defense Budget and Indian companies do not have $ 2 or 3 billion in size.

I was watching data and some of Europe’s companies in terms of their top line and about $ 40, $ 50, $ 60, billion. The theme is playing very well global and in India. Therefore, there are very few companies that have a product range where there is a large part. So, I certainly think that maybe some private names of India Electronics, HL, some private names of defense have been very well placed.