Views of Prakash Diwan
   
   
 
Views of Prakash Diwan

Date : November 02,2010

 

What about metals as a playwould you want to take a pick from that sector?

Metals lookat the kind of pattern which we have seen in terms of prices shooting up andthen specially on the large cap side and then you have the smaller companiesalso kind of playing catch up. It is the reverse that is now happening wherelarge caps already got corrected. The midcaps are kind of in for some correctionbut you have some of the stellar business models have unique positioning of someof the companies in the small and midcap space within metal which is quitepromising. One of the companies we like is MSP Steel and power that is reallycoming up very well in terms of its business profile so there is promising spaceon the large cap, of course Hindalco is one of our top picks given the fact thatit is in a unique position of spots with the kind of products and Neyveli alsokicking all the benefits finally. So you have this but I would avoid a verymajor exposure to metals going forward and review this may be some time latertowards December.


 
   
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