However in the garbage of heap at time good companies do exist which go by thought process which is executed on the ground in a methodical way to make it a worth investment going against the ideology of Warren Buffett.
The stock we are referring relates to internet world and goes by the name Info edge (India) Ltd which is also inadvertently referred as Naukri as this is a huge portal which changed its fortunes.
Have a look at the portals in their bouquet which includes Naukri(dot)com for job seekers as an online job posting website, Online matrimonial website in form of Jeevansathi(dot)com, a real estate portal in form of 99Acres(dot)com and lastly catering to education sector through Shiksha(dot)com
Why we are bullish on this stock is a fact that company caters for the whole life cycle of an individual starting from education, job, then marriage and lastly one looks for a house. It has acquired considerable stake in Zomato, Canvera, Policybazaar, mydala and meritnation in its ever growing vision. By ggoing in for Policybazaar; probably they are catering for retirement sector or may even go full fledged in insurance sector.
How to Buy this Stock?
Stock can be bought as a systematic investment plan and one can allocate 10% of their portfolio for the stock and continue to hold the same with a stop loss of Rs 350.
About the Author
The author tracks Indian companies and provide sure tip for intraday trading and also provide short term stock which provides phenomenal returns.