Deven Choksey of KR Choksey Shares & Securities told CNBC-TV18, "There are certain areas in which one will have to keep an eye on in January to March quarter. Also some of the companies would remain on a suffering side particularly because of the high cost on inventory that they may be carrying in the books and that is where they may have to probably adjust their inventory to the market levels and that is why to a greater extent the profit performance may not come."
"Though we like the entire space of plastic processing business in which probably demand is the closer look because there is lower cost of the raw material and eventually these companies would stand benefited at the same time. In one or two quarters they may have to absorb the high cost of the inventory bill they have been carrying, if some correction in the market is coming up," he said.
"We like Supreme Industries in the space, of course Nilkamal is equally good but like to consider Supreme Industries and Nilkamal into the portfolio at some point of time."
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