Deven Choksey, MD at KR Choksey Shares and Securities told CNBC-TV18, "We like KPIT Technologies. It looks fundamentally very positive given the kind of business situation in which they are and given the kind of vertical that they are addressing which is auto in embedded technology products. This one company looks quite promising within the IT space."
He further added, "Jain Irrigation Systems is right now working more on the debt reduction. As a result of which higher amount of growth can be seen from that company going forward in the current financial year. Similar situation should be seen with companies like Sterlite Technologies though you can call it as a sub-1,000 crore marketcap company, not exactly a midcap. This company still looks quite interestingly placed from buying point of view."
"Similarly companies like IDFC and LIC Housing Finance are looking quite interesting, available at closer to book value. These are some of the companies, which one could probably add into the portfolio and stay invested for at least next two-three years for handsome gains," Choksey said.
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