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'KEC & Thermax were good picks'

A senior vice-president with DSP Merrill Lynch shares with us his investment mantra.

By Soumendra Nath Lahiri | Print Edition: October 18, 2007

A senior vice-president with DSP Merrill Lynch shares with us his investment mantra.Soumendra Nath Lahiri

Past positions: Manager, Equity Research at Dolat Capital Market and area marketing executive with Crompton Greaves.

Investment mantra: Focus on financial parameters such as return on capital and earnings growth and look at valuations in this context.

Best call over the past few months: KEC, Jyoti Structures and Thermax.

Worst call over the past few months: Missing out on Patel Engineering, an integrated construction and engineering company.

Top picks right now: Engineering, cement and construction. From a near-term perspective, we are positive on ferrous metals.

Advice to small investors: Choose a basket of stocks for a balanced and diversified portfolio.

Worst mistake small investors make: Investing without an objective and not giving time for them to bear fruit.

Soumendra Nath Lahiri, Senior vice-president, Co-head Equities, DSP Merrill Lynch Fund Managers

DSP Merrill Lynch Tiger Fund

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