BHEL, SBI, Hero Honda, IRB, ACC will do well: Fortress Financial Services

Upendra Kulkarni, executive director, Fortress Financial Services, in a chat with ET Now talks about stocks which are expected to do well.

Just to run through your picks in the market again, you did speak about Fortis and Apollo. You were also talking about the picks when it comes to capital goods and auto.

I believe after the correction which is expected, we can look at few of the stocks. One is something like Fortis and Apollo because I believe healthcare will do extremely well. Capital goods like BHEL looks very attractive company. You have got banks like State Bank of India and according to me, on corrections that will be a great buy and very long term, it will give a positive impact.

So there are many stocks and of course in two-wheelers, Hero Honda is the thing. On the road sector, I believe IRB will do extremely well and on the pure construction. I believe it will be a great sector to look at because infra is going to do extremely well in India but as per se infra companies, capital requirements will be very high. So stock market point of view, they are not so attractive. So the people who are service providers for example companies like Unity in construction, I am just giving one example, there are many more like that. Then there are cement providers at the correction, something like ACC, UltraTech Cement, these are companies which should do extremely well.
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