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Last Updated : Jun 06, 2011 04:17 PM IST | Source: CNBC-TV18

Check out: UBS India's seven midcap picks

Gautam Chhaochharia, head of mid-cap research, UBS India is bullish on midcap stocks like Jai Balaji Industries, Triveni Engineering and Industries, Petronet LNG Ltd, Coromandel International, Tube Investments of India, IBN18 Broadcast and Pidilite Industries.


In an interview with CNBC-TV18, Gautam Chhaochharia, head of mid-cap research, UBS India said the valuation discount between midcap and largecap space has widened a lot over the last few quarters and that is one key reason for being positive on midcaps.


Chhaochharia is bullish on midcap stocks like Jai Balaji Industries, Triveni Engineering and Industries, Petronet LNG Ltd, Coromandel International, Tube Investments of India, IBN18 Broadcast and Pidilite Industries.


(Note: Web18, which owns Moneycontrol.com and Indiaearnings.com, belongs to the Network 18 Group)


Also read: Timex and Parsvnath Dev offer good value, says Aashish Tater


Below is the transcript of his interview with Udayan Mukherjee and Mitali Mukherjee of CNBC-TV18. Also watch the accompanying videos.


Q: How are you feeling about the midcap universe right now?

A: There are a couple of things. Midcaps are always more bottom-up stock picking, so there is always a good time. Over the last few months, especially since November

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First Published on Jun 6, 2011 11:59 am