Auto component pack is good growth stories going forward: Jitendra Sriram

In a chat with ET Now, Jitendra Sriram, VP & Fund Manager - Equities, HSBC, talks about auto component pocket.

ET Now: What about the auto component pocket? Do you think that’s a space to look at or you would avoid that completely?

Jitendra Sriram: There are only certain pockets, which are cyclical in nature that could potentially get affected. We have significant exposures to names like Bosch, etc., and these are areas we also have exposures to names like Exide, etc., Motherson and so on. We think that these are good growth stories going forward, so those exposures we are maintaining as such. There is no question about that.