Parag Thakkar of HDFC Securities told CNBC-TV18, "We continue to like secular themes. In IT we continue like Cyient and Mindtree which are the dollar revenue growth leaders amongst the midcap space. In largecap space it is Tech Mahindra and Tata Consultancy Services (TCS). In commodity space I like MOIL and National Aluminium Company (NALCO)."
"Aditya Birla Nuvo remains my favourite because of the huge opportunity of value unlocking in Madura business. It is a Rs 6000 crore business and Rs 600 crore EBITDA business. So, if nothing happens in terms of Idea Cellular spectrum auction which is negative for Idea there is huge value in Aditya Birla Nuvo because they have financial services business which can be valued at 40 percent of market cap, fashion business which can be valued at 60 percent market cap and the Idea stake and manufacturing business of urea insulators. So, I think it is a good combo and huge value on the table," he said.
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