Porinju Veliyath, MD & Portfolio Manager, Equity Intelligence India is of the view that Fortis Healthcare can give a decent return.
"Listed companies are well liquid, people can buy and sell any time, they can exit, enter, so that should be a positive from the investor point of view. We will see a comparable kind of valuations for the listed companies also. If the listed companies get a valuation like new IPOs that already can make our market capitalisation higher by USD 1 trillion," he added.
"In the midcap segment there are lot of leadership companies ignored by the large investors, some of them are industry leaders. In a growing economy like India especially considering our demography of 1.3 billion people, I feel these companies have a great role to play going forward. Currently there could be some challenges."
"In the case of Fortis Healthcare which is a listed company in the healthcare space, there are some concerns about the management, among lot of investors but still I think these all companies can change for much better from the management perspective and from industry environment."
"I find that around Rs 8000 crore market capitalisation, Fortis Healthcare can give a decent return. I am not talking as a multi-bagger kind of thing. It is a very large midcap, one of the leaders in India in a very important futuristic industry," he said.