Manish Sonthalia of Motilal Oswal AMC told CNBC-TV18, "We are sticking with midcaps that we have in our portfolio. We continue to buy Eicher Motors even at these prices. One of our stocks which was lagging behind was Voltas, it has started moving up. There is huge operating leverage in this business."
He further added, "If one looks at the last quarter numbers (July-September) most of the problems in the Middle East etc are behind us. So this is one name which can move up significantly higher from these levels. So we continue to buy into that as well. It is all about bottom up. Emami continues to do well on Friday and has hit Rs 500."
"We are just taking those quality names, unlevered balance sheets, good managements, growth visibility of at least 15-18 percent over the next two-three years. Even in a tough environment just continue to execute them even at current prices," Sonthalia said.
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