Fortis good mid to long-term midcap bet: Lancelot D'cunha

If you are to look at the largish mid-caps if we can put it that way, is there anything that catches your eyes right now from a 6-month to a 1-year horizon?

Lancelot D'cunha: You can look at the healthcare space, may be Fortis Healthcare looks attractive on a 6-month to a 1-year horizon because having got out of the Parkway Holdings acquisition, they will be left with substantial cash, which they can deploy in terms of completing their projects, they would become probably the second largest hospital player. Recently there was news on the insurance companies and the hospital getting into some kind of understanding as to how to tackle the cashless facilities and I am sure that will add to the hospitals' efficiencies in terms of being able to process patients at much higher rate and Fortis looks to be a reasonably good player from a 12 month perspective. It has brought down its debt substantially with the sale of Parkway, so I would definitely look at Fortis as an option.