Deven Choksey, MD of KR Choksey Securities told CNBC-TV18, "The quality companies which remain in the radar for investment portfolio includes IDFC, LIC Housing Finance, Adani Ports and Special Economic Zone and Jain Irrigation Systems. These are some of the companies based on the calculation that we can carry and can give 30-40 percent or 50 percent kind of an upmove over a period of 12-15 months. Therefore, these good quality midcap stocks could be considered for investing into the portfolio."
"However, apart from that if one wants to buy into some of the largecap companies then the likes of State Bank of India and Punjab National Bank (PNB) would also be a good choice and in the auto space companies like Tata Motors and Bajaj Auto will continue to give 15-20 percent kind of an upside in 12-15 months time from now," he said.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
