Nemish Shah stocks: Find out what experts have to say about this ace investor's portfolio

Nemish Shah stocks: Zee Business research analysts' panel, in the special edition of The Big Bulls Portfolio, discussed the stocks ace investor Nemish Shah has in his portfolio. Shah, a celebrity investor holds a portfolio of over 10 stocks from auto to steel segments. We take a look at 2 - EID Perry and Rane Engine Valve. Market expert Sandeep Jain then lays the roadmap for investors.   

EID Parry  

The ace investor Nemish Shah had bought a 1.17 per cent stake in EID Parry at Rs 175 per share in December 2014. Shah’s stake in EID Parry is valued at around Rs 68 crore, says Zee Business Research Analyst Ashish Chaturvedi. EID Parry is a sugar manufacturing company.  

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He explains, that the returns from this company's stock have not been extraordinary but the company’s fundamentals are good. Murugappa Group is the parent organisation of EID Parry, which along with sugar is also into the businesses of nutraceuticals, Chaturvedi adds.   

The celebrity investor holds around 56 per cent stake in Coromandel International, a flagship company of the diversified Murugappa Group. 

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Rane Engine Valve    

Zee Business Senior Research Analyst Varun Dubey explains that Shah has been holding this auto ancillary stock for over six years now. The ace investor had purchased around 1.01 per cent stake in this company in 2015. Dubey says Rane Engine is a good company and mentions that it has almost all OEM in its client list from this sector.  
What Market Expert Sandeep Jain Said:

Recommended as good stock by other market experts too, Tradeswift’s Director Sandeep Jain recommended a Buy call on EID Parry. He said the stock may well grow to Rs 370 per share in three-six months. This company has one of the oldest sugar plants in the country. He suggests investors not panic even if it sheds some value and points out it has a good bull run scope.  

Jain was skeptical about Rane Engine. Jain refrains from suggesting this stock to investors on the back of negative sales, dipped profit, and muted RoE. However, he hails the confidence of Nemish Shah and points out, there must be something more about the stock over his understanding that the ace investors know.   
Jain, before concluding, states, auto ancillary space has not worked so far and is likely to grow, he affirms that the Rane Engine is a fantastic group.