HDFC, RIL, HCL, Infy, Wipro look good: Gaurang Shah
Gaurang Shah, Chief Manager, Geojit BNP Paribas Financial Services talks to ET NOW about the prospective stocks.
Out of the numbers that you have seen so far, which are the numbers that you really like?
Well definitely HDFC Bank was quite good. And of course Reliance, though it was 8.5-7.5, we expect the fact that the bottoming has been happened as far as gross refining margins are concerned. Gas business has picked up quite robustly and quite smartly and going forward with the kind of discoveries that are likely, business definitely revenue wise it will contribute, so these are the two that we liked.
Amongst the IT pack - Infosys again have good numbers, Wipro definitely again good. HCL Technologies mind-boggling and in fact we have a buy report on HCL Technologies.
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