Jan 02, 2014, 09.09 AM IST
CLSA recommends select cyclicals like Axis Bank, ICICI Bank, Maruti, Ultratech Cement, power utilities and mid-cap property. "Other structural buy ideas are ITC, Lupin and Zee Entertainment," he adds.
Tags Mahesh Nandurkar of CLSA , GDP, corporate earnings , Axis Bank, ICICI Bank, Maruti Suzuki, UltraTechCement, ITC, Lupin, Zee Entertainment
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Structural buy ideas - ITC, Lupin, Zee Entertainment: CLSA
CLSA recommends select cyclicals like Axis Bank, ICICI Bank, Maruti, Ultratech Cement, power utilities and mid-cap property. "Other structural buy ideas are ITC, Lupin and Zee Entertainment," he adds.
Like this story, share it with millions of investors on M3
Structural buy ideas - ITC, Lupin, Zee Entertainment: CLSA
CLSA recommends select cyclicals like Axis Bank, ICICI Bank, Maruti, Ultratech Cement, power utilities and mid-cap property. "Other structural buy ideas are ITC, Lupin and Zee Entertainment," he adds.
Mahesh Nandurkar of CLSA : We believe that falling trend in GDP, investment and corporate earnings growth will reverse in 2014. The improvement may be visible in H2CY14/FY15 but investors will position much in advance. We recommend select cyclicals like Axis Bank , ICICI Bank , Maruti , Ultratech Cement , power utilities and midcap property. Other structural buy ideas are ITC , Lupin and Zee Entertainment . We are underweight on staples, retail financials.
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