Industrial and infrastructure sectors have emerged as lucrative investment hubs for investors in recent times. Hunt for gems in these sectors poses a great opportunity to seek higher returns. Pashupati Advani, the Founder & Chairman of Global Foray, is optimistic about the Indian market and believes that government spending can serve as a driving force of the upcoming growth.
Mr. Advani recognizes the potential of the capital goods space and acknowledges that investing in PSUs often comes with regulatory challenges. Despite being positioned at an all-time high, Mr. Advani believes that infrastructure stocks represent a great opportunity for growth. He recommends investors to look for companies with pricing inelastic products that are in demand.
Mr. Advani also discussed the companies included in the ‘Famous Four’, namely Paytm, Zomato, Nykaa and Policybazaar. His believes that while Paytm is a business model that is here to stay, he has not yet bought Zomato. Mr. Advani also highlighted the potential of the metals and cement sector and recommended the mid-cap stocks that are expected to be beneficiaries of the consolidation.
Global Foray is a Financial and Investment Consultancy firm aimed at delivering quality insights to clients. Headquartered in New Delhi, it services clients across almost every sector and provides tailored advice in terms of equity investments and debt management.
Nitin Raheja, founder and Managing Director of Aspire Home Finance Corporation Limited, also shared his opinion on investment potential in India. He believes that with the US contracting sharply, Indian IT companies will be impacted in the near future. He cautions investors to look for opportunities with a cautious approach and use their discretion when making investments.
Overall, India presents a great opportunity for investors to capitalize on the growth trajectory the country appears to be on. While the Indian markets have optimistic outlooks, investors must not forget to exercise caution and to look for the potential gems in these sectors.