Devang Mehta of Anand Rathi Financial Services told CNBC-TV18, "We continue to like few different themes. Ahluwalia Contracts has been one of our favourite stocks and this stock has had a dream run up in the past few months. From here also we feel that the order book is continuously on the rise. Also the contracts which the company is executing are again in an excellent terrain. So, we feel given the valuation also Ahluwalia Contracts is one decent play."
"We also initiated few different type of themes in the past few days when the market was correcting. We continue to like NIIT Technologies which is one of the better stocks to own in the IT universe trading at around 13-14 times and again all the verticals, the company is seeing good bit of expansion. Snowman Logistics after listing had corrected big time. Again we feel that the logistics sector is going to do very well if the economy is going to move forward," he said.
"These are some of the thematic ideas that we continue to like and we feel there is good 30-40 percent upside from here on for all these stocks."
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!
