Ramesh Damani. One of the knowledgeable person. Well known for his knowledge about Indian stock market. Reading his rediff chats.
He is just impossible. He predict CIPLA and DR reddy at on Jan 2002. He called Bharat Electronic a great stock at ₹85/ share. He called HHonda cheap stock. Its right. The stock ones trading at ₹30/ share. It gives ₹1200/share dividend. Trading at more than ₹2000/ share. He literally predict Growth BEML. “ It has no valuation. It is dirt cheap and out of fancy.” His words about BEML on Jan 2002. ” If margins improve in BPCL and CMC, they are goldmines.” Yes they are. After the decision on Petrol and Diesel, they are gold mines and about CMC there are many reasons. About TATA tea, “ It is good value, but we will have to be patient.” Perfect mentioned. About hinduja TMT, ” IT-enabled or BPO segement. I believe this segment will be as important as software. We will be the world’s back office.” Its perfectly correct.
Sense was around 3800 that time.