Engineering and cap goods companies to benefit if investment cycle in mining, railways happen: Dhiraj Sachdev

In a chat with ET Now, Dhiraj Sachdev, Fund Manager-Equity, HSBC AM India, shares his views on the smaller sectors.

ET Now: What about some of the smaller segments where there has been policy announcements coming by over the last week. Whether it is shipping companies, some of the sugar names that have been active in today’s trade as well or railways. Are you looking at any of these smaller sectors actively for value?

Dhiraj Sachdev: We like in policy initiative on the mining side or on the rail side. Also any kind of possible capital infusion where is foreign capital into the defence side. So we are selective on some of the engineering and cap goods companies which are operating in the space and they are likely to see a meaningful expansion in the profits if the investment cycle in both mining, railways or defence happens.