The market is now buoyed by the growth of the economy. This is reflected in the value of the companies. Porinchu Veliyath shared his views during the special budget discussion. The value of the stock market has already crossed four trillion dollars. Things are very fast. The aim is to double the economy in six-seven years and make it 30 lakh crore by 2047. Each lakh crore will be added to the GDP quickly and will generate massive wealth in the years to come. Porinchu points out.
Two bullish stocks
It is a large company with diversified business in the pharma sector. I was surprised when the share price reached Rs 61 at one point. Now the share price has doubled. It will be a good stock for the next two to three years. Porinchu Veliyat says. Expressing his confidence in the vision of the Modi government, he said that every citizen of India should be proud of the vision of Prime Minister Narendra Modi and the present is a once-in-a-thousand-year opportunity for India.
Porinchu Veliyath pointed out that ONGC’s focus on renewable energy has contributed to the decline in the stock. Production also fell. But he intends to hold this stock for the next one to two years
Porinchu Veliyat says.
(This article is not a recommendation to invest in any stocks. Stock investment has high risk of loss. Readers should invest in stocks at their own risk.)