Author Topic: BUY Edelweiss with Rakesh Jhunjhunwala  (Read 2719 times)

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BUY Edelweiss with Rakesh Jhunjhunwala
« on: July 13, 2014, 03:09:49 PM »
We believe that buoyant equity markets and strong growth in wealth management businesses will drive the medium-term earnings momentum for Edelweiss. Key earning drivers—(1) high growth in equity market volumes in the cash segment (up 80% yoy in 1QFY15), strong growth in its wealth management business.

Rakesh Jhunjhunwala hasb ought Sizable Stake in Edelweiss and thus SEBI moved the company to "BE" segment to avoid speculation. One Can BUY the Stock between Rs 55 to Rs 60 for medium to Long Term(3 Years) for good profits.