The article discusses the performance of Reliance, Asian Paints, and DMART, which have underperformed the Nifty50. Despite this, the article asks whether it’s the right time to buy these stocks. Reliance has been facing challenges due to the debt burden of its subsidiary Jio Platforms, while Asian Paints has been impacted by the COVID-19 pandemic and raw material price increases. DMART, on the other hand, has seen a decline in its stock price due to concerns over the impact of COVID-19 on its business.
Despite these challenges, the article suggests that these stocks may be worth considering due to their strong fundamentals and long-term potential. Reliance, for example, has a strong track record of performance and a diversified business portfolio. Asian Paints has a strong brand presence and a loyal customer base, while DMART has a strong network of stores and a loyal customer base.
The article concludes that while these stocks have underperformed the Nifty50, they may still be worth considering for long-term investors who are willing to ride out the short-term volatility. However, it also notes that investors should carefully consider the risks and do their own research before making any investment decisions.