A friend of mine contacted me for suggestion of shares to invest. He wants to invest INR 10,000 per month.
I suggested to buy any two from the four companies given below for around INR 5,000 each this month and asked to contact me next month for suggestion for next month investment. These suggestions are for long term.
- Eclerx Services – Current Price 716.10
- Mayur Uniquoter – 326.20
- National Peroxide – 344.85
- Wim Plast – 179.50
I reminded him about my disclaimer: These shares are what I am currently buying. Invest at your own risk. Share Market investments are high risk and high reward investments. Hope you are investing with money which you can hold for at least 1-2 years. You know the volatility in the market, and even if it is good company, it can go up and down in the short term. Never invest in shares with the money that you need in the short term.
I select shares based on information gathered by me and my own number crunching and analysis. I also use research reports from other professionals in the field.
I thought to post this here so that it may benefit those who follow my blog. Happy investing 🙂