Everything's cyclical! Vijay Kedia’s lessons on how to bear the pain and hold on to good stocks for years

​So, regardless of what happened in the past month when people got a little worried about the impact on mid and smallcap due to some notification by the industry body or by a certain other notifications, I guess on average you have a decent medium term time horizon. Things are looking fine to us, we have enough ample opportunities to invest and we are looking for ideas all across.

The stock market is very challenging at the moment, but if someone is willing to look at a one year time horizon, they can find good opportunities in the construction infrastructure space. Larsen & Toubro is a good example of a company that is going to benefit from this market trend. Other companies that are worth watching include Mahindra and Mahindra, JLR, and Mahindra Electric Vehicles.

While investing in stocks always comes with risks, these stocks pose unique challenges.

Investors should be selective while participating in the market as some sectors are overvalued. However, many sectors and stocks are showing growth after years of stagnation and are available at reasonably good valuations, making it a good time to invest. The staple and chemical sectors are showing some signs of overvaluation, as are some pockets of the tech sector. In contrast, the utility sector looks interesting due to lack of investment in renewables or power in the last few years.

India Business News: Tata Investment Corp has surged by 116% in 2024, leading the gains among companies listed on the Nifty 500 Index, which accounts for over 94% of India

While large cement companies might be in the news for one or the other reason, it is the small and midcaps which have been showing better than expected performance in Q4. Some of them tend to get ignored because they are regional companies or their overall capacity is not very high. However, from the stock market perspective one has to look at the overall picture. We take a look at what analysts are saying across mid and small cap cement companies. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters.

Sunil Mittal also said that Indus Towers, in which Airtel owns a significant stake, like any other company, will eventually have no choice but to seek legal recourse unless Vodafone Idea starts clearing dues. He added that Airtel is willing to take full control of the company to ensure its viability as it's critical for its infrastructure.

Even as the stock market corrects, small and midcap stocks are refusing to leave the party. On a number of days the breadth of the small cap segment is better than large caps. Coming on the list are auto ancillary stock, real estate and infrastructure companies. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.

Deven Choksey discusses the positive trajectory of Adani Ports, Torrent Pharma's strategic growth approach, and Tata Consumer's market readiness. The evolving market dynamics favor strategic expansions and operational stability for these key players. Choksey further says that automobile ancillaries give a good amount of opportunity at this point of time.

“The market definitely wants the larger number of sectors to play. Engineering R&D is one sector where you have likes of Tata Elxsi; you have likes of Cyient Technology, KPIT, LTI MindTree. Some of these companies which are having their niche position in that and that also adds into the Tata Technology kind of companies.”