I am planning to buy these for long term

I am planning to buy these for long term, and yes this will be my first step into the world of stock market investing.

1. Indiabulls Wholesale Services
2. Binani Industries
3. Essar Shipping
4. Plethico Pharmaceuticals
5. Kesar Enterprises
6. Ansal Properties & Infrastructure

Her'e my take:

1. Looks good. Has been falling for a ong time, seems to be stabilising now. But I can't find the PE ratio.

2. The PE is crazy low. Would buy it though..... depending upon the economy, the materials the company deals in should play a crucial role and see the prices of this stock go up

3. Dont know about this one.... would be cautious. Oil prices will affect this stock

The others..... I haven't researched yet... will do so soon buddy

By the way.... how long is your long term? And why aren't the big boys here?? Like Coal India.... and motor companies, and tata steel... which you should buy later of course... right now the industry has genuine problems

they are all at very high discount to their book values.

True.... but please make sure you are not excited about these having more earning potential...I think they are higher risk.

May I add to your list? These are the ones I am watching for long term....will buy some if and when they feel right in a week or two:

1. NTPC
2. Tata Steel
3. Tata Motors
4. Yes Bank

Also, whenever Infosys comes down to 950 levels.....this may take a long long time, But I'll be watching.

As for the rest of the Cos, I'll research sometime soon

BTW, have a look at this.... he talks about some sectors in general in the last lines....

http://economictimes.indiatimes.com...ment-mehraboon-irani/articleshow/49042707.cms

It makes me feel like we should wait and watch in the next week...

See Forbes india July 2015 issue for India's next Fortune 500 companies, for example Gati.