In one of our previous articles, we had spoken about the misconception about Large-Cap stocks being the only type of stocks which can provide secure and steady returns. Today we have another interesting and broadly talked about topic – the myth about High-priced and Low-priced stocks. To just give you a feel of this topic, let us look at an example right away.
- High-priced stock – Eicher Motors, CMP: Rs 18,000
- Low-priced stock – Ashok Leyland, CMP: Rs 72