Hindustan Dorr-Oliver mid-cap pick:Pankaj Pandey, ICICI Direct

ET Now spoke to Pankaj Pandey, Head Of Research, ICICI Direct, on his view on the capital goods space and stock picks.

Would you look at cap goods space for a near term perspective?

In terms of some of the midcaps, in the capital goods space, we link Hindustan Dorr-Oliver with a target price of Rs 164. This company has got good presence in the water treatment and mining space.

So we would prefer this company. We do not have a view on some of the other stocks but in addition to that, BGR Energy is also a stock which one can look at which has got good amount of exposure to the balance of plant segment in terms of power segment execution. So all these stocks are what we would like in this space.