Deven Choksey of KR Choksey Securities told CNBC-TV18, "Bankers also confirm the viewpoint that many of the projects and many of the industrial projects are also getting started now and that gives me the confidence that given the kind of environment in which we are right now and given the kind of commitment the industry has been making for bringing the growth, I would think that it would be matter of time wherein you would see a gradual to faster acceleration into some of the capex activities which are taking place."
"Certainly it would demand a close look at many of the capital goods company. The largest engineering and construction company in the space is certainly confirming that they are getting a lot of enquiries than before so definitely it is going to be a matter of time when on a quarterly basis they start filing about how many order inflows they have had in a particular quarter. I would say yes, one should buy into them. There are many companies which are also connected with the rollout of fibre optics etc and that is where also you are seeing the good amount of opportunity into those companies. So certainly would be a positive and would consider buying into the portfolio. Correction is material for buying these companies into portfolio for a relatively longer period of time," he added.
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