Companies generating cash will be preferred by investors: Gopinath Natarajan, IIFL PReMIA

Gopinath Natarajan, EVP, IIFL PReMIA in an interview with ET Now talks about two expensive stocks viz., Nestle and Titan.

Are you bit surprised with the movement in Nestle and Titan mind you they are expensive stocks and despite being expensive stocks they are still outperforming?

The flight is now out on buying. Companies which generate cash especially on times where capital is expensive and, obviously, return on equity and return on capital employed is also going to be moderating, will obviously be preferred by investors. This is a kind of behaviour we are seeing in the market with these kind of stocks doing well.