Prefer CMC and Tech Mahindra in midcap IT space: Gaurang Shah, Geojit BNP Paribas Financial

In a chat with ET Now, Gaurang Shah, Asst VP, Geojit BNP Paribas Financial Services, shares his views about the midcap IT space.

ET Now: What would be your top midcap IT pick?

Gaurang Shah: Well, I will go with CMC Ltd and Tech Mahindra. These are the two stocks that we expect to come out with good set of numbers as we go ahead. In terms of the performance, I feel that the midcap IT space is now making a stage wherein you will definitely see a very concrete and strong move coming in both in terms of numbers and share price.