Apollo Hospitals a top pick for 2012: Baliga

Published on Tue, Dec 27, 2011 at 11:13 |  Source : CNBC-TV18

Updated at Tue, Dec 27, 2011 at 13:33  

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Ambareesh Baliga, COO, Way2Wealth

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Apollo Hospitals a top pick for 2012, says Ambareesh Baliga, COO, Way2Wealth.

Baliga told CNBC-TV18, "We are making a list of some of the midcaps which are quoting much below the skin valuations and especially where the levels are decently low. In fact we are looking at some of those stocks as of now. One of the starts for 2012 can again be Apollo Hospitals where we still see a growth of around 25%, visible growth for the next 3 years looking at the plans."

He further added, " Reliance Industries we still find decent value in that stock and that's the one which we are holding on but we are not really buying fresh at this point of time whereas when it comes to the other group ADAG in fact we have not looked at any of those stocks at least in the recent times."

  

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