Sandip Sabharwal of asksandipsabharwal.com told CNBC-TV18, "There have been a vast majority of companies who have been outperformers in terms of results but largely from the midcap side of the universe. So I think it is time for investors to look at those kind of stocks."
"Two-three stocks come to mind, one is Sintex Industries, they have outperformed earnings and our analysis indicates that their textile project, which people take negatively is Rs 50-80 per share because of the kind of benefit it gets. That is one company we think, which should do well," he said.
"Praj Industries is on the verge of a big turnaround. Valuations are comfortable, so that is one stock we are looking at. Thirdly, I would say a company like Dish TV where the entire direct to home (DTH) space is seeing a big turnaround and Dish TV being the only listed player that one can play. That is a good play for the slightly longer-term. Investors should buy these kind of stocks now or on any correction to play for the next one year."
Disclosure: Most of these stocks would be held by the analyst, his family or his clients.
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