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"Textiles and chemicals sectors are showing potential for a turnaround. The focus on import substitution in India will benefit companies in the electronic manufacturing, defence, and rail spaces. While China's consumption may not recover, its role as a competitor and exporter in metals, chemicals, and pharma will impact global markets. "
"Premiumisation is happening in a meaningful way. Income levels have gone up at least for a relatively small percentage of the population but that is really the India that can be targeted in a meaningful way by most of the players – be it cars or food delivery and all of that stuff. We will be surprised by how much Indians are willing to pay for entertainment, tourism and travel."
"There will be a lot more demand for both railways and defence orders that are coming in and while these stocks have run up quite a bit, there is actually a significant room for growth from here even though the prices have run up. Also, some of the domestic consumption stories and high precision engineering stories will make a difference."
Capital Mind's Deepak Shenoy believes that Narayana Healthcare should be valued at a much higher price when the Cayman Islands capex comes through and as expansion within India takes place. He stated that the cost differences between Cayman Islands and the US can lead to low-cost medical tourism which in turn will give Narayana Healthcare higher valuations.Furthermore, Shenoy owns stocks in Kotak Mahindra Bank and believes that the decision on selecting a new CEO could come from either internal or external candidates, and regardless of whoever is chosen, the bank itself will continue to thrive...
Capital Mind's Deepak Shenoy says now is a good time to invest in stocks despite some unexpected bad numbers from some companies. He sees significant growth in sectors such as chemicals, railways, defence and infrastructure, and despite scepticism about a rally in midcap and smallcap pricing, he is investing more. He sees Reliance Industries as a sum of the parts valuation.