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Midcap picks that have great potential from here on
Notwithstanding the lack of momentum among the midcaps, analysts are of the opinion that there are value picks which are trading at a PE multiple of 8-9, making them very very attractive vis-a-vis largecaps.
Notwithstanding the lack of momentum among the midcaps, analysts are of the opinion that there are value picks which are trading at a Price Earning multiple of 8-9, making them very very attractive vis-a-vis largecaps, most of which are trading at a PE multiple of 18-20.
Sumit Rohra, Antique Stock Broking, who expects the midcap space to appreciate by 25-30% by December-Jan, is bullish on themes like hotels, real estate and IT. And the stocks in these sectors are Hotel Leela , Bombay Dyeing and Tech Mahindra on decline.