Greenply a good midcap stock to buy: Ashish Kapur

ET Now spoke to Ashish Kapur, CEO, Invest Shoppe India Ltd, on his stock pick.

What is the stock that you have in mind?

Well for investors who have a flair for midcap Greenply is a very good stock to have. The company is a leader in interior infrastructure and with the rising population and increasing disposable income we expect demand for housing to continue and that will augur very well for a company like Greenply.

It was a leader in particle boards, MDFs, plyboards and various other wooden interiors. The company has been doing very well and we are seeing a significant shift from unorganised to the organised players. With the kind of leadership position it has and a good brand value I think the company will do very well. So 250 is a target which we have for the next 6 months so this is a good stock which one can buy.