Shahina Mukadam, Market Expert told CNBC-TV18, "If one is looking at largecap good quality stocks over the next three to five year period, I would suggest something like a Maruti Suzuki which looks good for the shorter term, medium-term as well as longer term given the prospects and the improvement in its overall business in term of volumes.""Even if one would like to look at the midcap segment, in the auto space itself, one of my preferred stocks is Ashok Leyland, where I do believe being a turnaround stock, the appreciation over the next three to five years could be higher given that the company is doing very well in terms of volume growth as well as the balance sheet quality has improved substantially. I personally also hold Ashok Leyland," she added."Another stock in the midcap space, if one is looking at the pharma space, he/she can look at something like Fortis Healthcare which is looking both technically good for the shorter term as well as in terms of business prospects. It is growing fast, balance sheet quality has improved. In the same space, in the largecap, one can look at something like maybe a Lupin which has corrected and look to enter in a decline. One can start with the higher quality stocks, largecap stocks first and then shift to midcap and build the portfolio over a period of time," she said.
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