Zee to benefit hugely from digitisation: Nine Rivers Capital

In a chat with ET Now, Sangeeta Purushottam, Managing Director, Nine Rivers Capital, shares his views on investment idea.

ET Now: Final thoughts from you, leave u with one high risk high return midcap idea and one low risk low return large cap idea?

Sangeeta Purushottam: I would still stay with the relatively defensive themes because unfortunately we are not seeing signs that the investment cycle is going to pick up fairly soon, so I would avoid that part of the market. It is not really a large cap but I would say a largish stock. I would stay with companies where there is clear visibility on earnings, if there is specific happening with respect to a particular stock. So something which I own is Zee. That stock to me looks good because it could benefit hugely from the digitisation which happens irrespective of digital service provider actually gain shares or loses shares, the broadcasters will all benefit. I do not really have a very strong midcap idea. On the small cap side, there are again, consumption theme remains key, so ceramic pack is something where I have exposure to, that also still looks good to me.