Like LIC Housing Finance, Can Fin Homes: Devang Mehta

Devang Mehta of Anand Rathi Financial Services told CNBC-TV18, "What we have seen among midcap private banks is that some of the numbers were quite disappointing, the likes of Federal Bank or DCB Bank. So this problem has culminated down to the next level as well in the banking space. So we like a bottoms up approach in the market at this point and regarding midcaps. So couple of midcaps that we keep on liking in this textile space are Welspun India and other one is Arvind.""Both these companies are slated to do extremely well. The numbers of these companies would constantly keep on coming in the next two or three quarters with a lot of dynamics changing for the textile sector," he said. "Something like LIC Housing Finance in the midcap space and relatively smallcap stocks Can Fin Homes just came up with numbers, so we keep on liking this space again on the back of good dynamics and good demand coming in."