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Two-wheelers are better than four-wheelers if you don’t want to take too much of risk in timing. “The two-wheeler space has a much more consistent and healthy run rate as a sector compared to the four-wheeler space, where it will have to be a lot more cyclical call for investors. "We have some exposure to that in some of our portfolios,” he said. Rakshit Ranjan, Portfolio Manager at Marcellus Investment Managers, said in an interview to CNBC-TV18 his top pick in the two-wheeler segment is Eicher Motors. So once these issues get resolved, it's still at about 20 times, so if you compare it to peers - if all these things get resolved, it could be a decent medium term bet.Įicher Motors top pick in two-wheeler space: Rakshit Ranjan of Marcellus So it is a wait-and-watch for me," he said.īut as far as the asset goes, as the operating performance goes it is a good asset. So all the operating metrics are fine, but we have seen the market whenever it gets a whip of anything to do with governance, it doesn't react favourably. Their paid subscribers have also doubled. "Their OTT platform continues to show traction, with viewership doubling both on monthly average users as well as daily average users.
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He however suggests a wait-and-watch approach on ZEEL. I think the proposed merger could solve some of those governance issues," he said.
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Third is the focus on the movie production business, which is not very lucrative.
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Second was on still some outstanding with related parties including Dish TV which is still sub Rs 400 crore, although it has come down. One is obviously the non-core investments like Sugar Box. I think the market is still concerned on three broad issues. "There is some concern on Zee losing some broadcasting market share and also gives some synergies in terms of the sports and kids segments. Gurmeet Chadha, Co-Founder and CEO of Complete Circle Consultants, said in an interview to CNBC-TV18 that Zee Entertainment's proposed merger improves its market share to 27-28 percent. NET Framework Version:9 ASP.NET Version.'Wait and watch' on Zee Entertainment Enterprises: Gurmeet Chadha Page.ProcessRequestMain(Boolean includeStagesBeforeAsyncPoint, Boolean includeStagesAfterAsyncPoint) +1606 KRChoksey.BL.PortfolioBL.checkSession() +573 Information regarding the origin and location of the exception can be identified using the exception stack trace below. Please review the stack trace for more information about the error and where it originated in the code.Įxception Details: System.NullReferenceException: Object reference not set to an instance of an object.Īn unhandled exception was generated during the execution of the current web request.
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Description: An unhandled exception occurred during the execution of the current web request. Object reference not set to an instance of an object.