Print media poised to reach high levels of growth in a few years: Neeraj Deewan, Quantum Securities

In a chat with ET Now, Neeraj Deewan, Director, Quantum Securities, talks about the prospects for print media and some stocks. Excerpts:

ET Now: Walk us through what your preferences are. Last time when we interacted with you, you were bullish on print media and also on mid-tier engineering stocks.

Neeraj Deewan: Print media is one sector which I am still bullish on. If you see going ahead, the growth can be much more than what it has been there in the last three-four years. So even if you get a 12% to 15% growth, the margins really grow in these companies.

So we are still bullish on companies like Jagran Prakashan and D B Corp. Print media is one sector which in the next couple of years could reach very high levels. With economic recovery taking place and growth coming back, this segment can do extremely well. The two stocks that I mentioned are the ones which can still be bought at these levels.