Are these stocks in your portfolio?
Jigar Shah of KR Choksey Securities gives some of his value picks in mid and smallcap stocks that he feels could outperform the broader market over the next 6-12 months.
Jigar Shah of KR Choksey Securities picks Sundram Fasteners, 3i Infotech and Sterlite Optical among stocks
Excerpts from CNBC TV18s exclusive interview with Jigar Shah:
Q: Couple of stocks that you like, the first is Sundram Fasteners, what is the business rationale behind it?
A: Sundram Fasteners is one of the top fastener companies in the world with global presence at many locations including China and is likely to get the biggest advantage of the outsourcing of the auto components from India.
The company has taken lot of steps to basically de-risk itself and get into several other auto components as well.
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