Want to grow capital & create wealth? Look beyond FMCG, says Dipan Mehta
“Increasingly IT cos’ new order booking, discretionary spending will come under pressure and that will impact growth rates. It is best to just ride out this challenging period and look for better times in 2023 when the entire macroeconomic headwinds are over. In the meantime, select midcap IT companies focussing on differentiated verticals or have IP type of businesses, should be favoured over the largecap IT. ”
