companies are exports more and are gaining more from markets

Reliance Industries , Bajaj Auto and Hindalco as blue – chip stocks are sharply recently . Experts say that the best of these companies market share of export revenue . Therefore rupee dollar value will be lower than export them . Why the market is bullish on these companies .

Some of these companies even get half the revenue from exports . The economic slowdown and market fluctuation remain largely by the impact of their shares . Geojit BNP Paribas Financial Services Research Head Alex Mathews said , ” until the rupee against the dollar remains above the 60 level , the share of firms that export revenue will remain expensive . Reliance Industries and Bajaj Auto is why the recent increased interest in shares of the market . ”

Experts say that the reason why some companies have given a return of 35 per cent . Reliance gas production from D6 of the company remain strong despite reduced . Gas production is 15 MMSCMD in the block , which is the lowest ever . However , many analysts domestic slowdown and rising fuel prices are Bearish on auto companies , but it does not apply to Bajaj Auto . The company – a third gets the revenue from abroad .
Mathews said: ” We Investors investing in such companies from the IT and Pharma are asking for . Rupee will benefit them . ” Brokerage house clients to buy shares of such companies are advising . He believes that Reliance Industries , Hindalco and Bajaj Auto’s stock valuations are getting Atraktiv . However , IT and pharma stocks are quite expensive .

Sonam sadness Head of Research at IDBI Capital , said: ” Companies like Bharat Forge , Bajaj Auto and earn enough money from exports . Because of this support is to get their share . However , Reliance Industries , Sesa Goa and Hindalco decrease in commodity prices and China’s economic recovery is to get the advantage . ”

However , fund managers also say that only money investment decision should be based on the value . Domestic long as these companies do business on track , then so will not improve their performance . Vice President and Head of Research at Edelweiss Vinay Khattar said , ” The rupee has led some companies to gain international exposure . However , investors should focus on their domestic business , which is facing difficulties due to the economic slowdown

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