Is it time for long-term accumulation in IT? Sandip Sabharwal answers
“We should be careful about companies with global linkages and also commodities companies. There are companies like Motherson Sumi which have done huge acquisitions in Europe, they have stretched balance sheets and they could come under pressure. But domestic auto companies will still do well. Where companies have significant global linkages and also leveraged balance sheets, we need to be more careful.”
