The economy has seen signs of a capex cycle recovery off late with stocks like Larsen and Toubro (L&T) surging over 30 percent in 2017 so far while Voltas has gained 53 percent. On the side-lines of Citi India Investor Conference, Anisha Jain of CNBC-TV18 caught up with Venkatesh Balasubramaniam, Director-Capital Goods and Construction, Citi India and MV Gowtama, the CMD at Bharat Electronics.
Venkatesh Balasubramaniam is speaking about his top picks from the sector and if there is more upside seen.
“The top picks that I have -- amongst the India industrial stocks, it is BEL. Amongst the consumer electrical names, our top picks are Crompton Greaves Consumer and Voltas. Amongst the India power stocks, our top picks are Power Grid and CESC”, Balasubramaniam said.
He also discussed BEL's numbers with MV Gowtama.
For full discussion, watch video...
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