Sharekhan has identified 20 top-quality mid-cap stocks that will do well in NAMO’s India 2.0. The stocks have been chosen based on fundamental attributes and valuation parameters
From an investor’s perspective, in addition to the increasing exposure to select index stocks, Sharekhan has advised increasing exposure to quality mid-cap stocks for relatively superior returns due to a huge valuation gap. Accordingly, Sharekhan has identified 20 quality mid-cap stocks that can potentially give ~40% returns over the next 12-18 months. The preferred picks are from the key themes of a policy-push in infrastructure (railways, power and roads), PSU re-rating and a revival in leading sectors (automobile, banks, and oil and gas).
Leave a Reply