Add BEL, BEML into portfolio: Deven Choksey

Deven Choksey of KR Choksey Shares & Securities told CNBC-TV18, "Bharat Electronics Limited (BEL) and BEML, from investment point of view of at least two to three years, will give a good amount of gain. Particularly BEML looks quite convincing given the position in each of the three verticals be it defence, railways and mining. In each of the three verticals this company is very well positioned to lift the benefits out of the developments which are happening in the economy."

"Certainly I would like to keep this opportunity to add this particular stock into the portfolio along with BEL in this kind of a correcting market," he said.