Now Reading: Old legacy businesses over, focus on new segments: Dimensions Corp
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Old legacy businesses over, focus on new segments: Dimensions Corp
Old legacy businesses over, focus on new segments: Dimensions Corp
Ajay Srivastava of Dimensions Corp told NDTV Profit that the era of old legacy businesses is over, and investors should focus on newer segments where the Indian economy is strong. He advised…
The Story in Brief
Ajay Srivastava of Dimensions Corp told NDTV Profit that the era of old legacy businesses is over, and investors should focus on newer segments where the Indian economy is strong. He advised entering these stocks at various correction points. Srivastava did not specify which sectors he considers as new or legacy in the interview.
The Indian Opinion
The claim that old legacy businesses are finished sounds sweeping. Many traditional firms in banking, energy, and FMCG still deliver steady returns and dividends. The real test will be whether newer segments like green energy, fintech, or defence can outperform them over the next three years. Investors should watch quarterly profit growth in selected new economy stocks, not just hype.
Source: ndtvprofit.com
This story was synthesised by AI from the source linked above.
