20% upside in UltraTech likely in next 6 months; ITC can be a consumer pick in portfolio: Rahul Shah

“I do not think there is any momentum pick in the next three-four months at least from an IT perspective. But considering that valuation is only one factor, if we have a view for next year plus or so, a lot of companies in the midcap as well as the largecap IT space remain very good picks.”