midcap IT

valuation: Looking for attractive valuation plus strong fundamentals? Financials is the answer, says Ramesh Mantri

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valuation: Looking for attractive valuation plus strong fundamentals? Financials is the answer, says Ramesh Mantri

Ramesh Mantri, CIO, WhiteOak Capital AMC, says when we look at combined fundamentals and valuation, there are some sectors where fundamentals are very strong, but valuation is very high like industrials, capex related and then smaller industry segments like defence, electronics and manufacturing. The fundamental corporate earnings have been good but the valuation is high. … Read more

4 IT stocks Rajesh Palviya is bullish on for next week

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4 IT stocks Rajesh Palviya is bullish on for next week

“But looking at the overall structure for the IT index, we believe that if it continues to hold above 36,900, then possible continuity of this uptrend we can see going forward in Nifty IT,” says Rajesh Palviya, Axis Securities. Let us talk about the IT sector because that has been the only sector that has … Read more

midcap it stocks: From boys to men: What’s behind ‘eye-popping’ returns by midcap IT stocks?

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midcap it stocks: From boys to men: What’s behind ‘eye-popping’ returns by midcap IT stocks?

The midcap IT stocks’ outperformance over their largecap peers and all other indices rests on their radical transformation from boys to men, argues Nuvama in a report. The brokerage picks LTIMindtree, Coforge and Persistent Systems as its top picks from the pack while initiating coverage on Mphasis with a ‘Reduce’ tag. Even as the Nifty … Read more

Sanjiv Bhasin portfolio | Wealth Creators: 8 capital goods & insurance stocks that can be wealth creators: Sanjiv Bhasin

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Sanjiv Bhasin portfolio | Wealth Creators: 8 capital goods & insurance stocks that can be wealth creators: Sanjiv Bhasin

Sanjiv Bhasin, Director, IIFL Securities, says in the microfinance space, AU Small Finance deserves a relook. It was trading below Rs 700. I gave that as one of my Diwali picks at Rs 670, 680. They are progressing very well on their digital apps. Then, look at AB Capital, that is another NBFC which has … Read more