I am positive on VIP Industries, Sundaram Fasteners and Apcotex Industries, said Kamlesh Kotak, Head of Research, AMSEC.

Speaking to CNBC-TV18, he said, "One can look at a mix of midcap and large caps. One has to look at the underlying businesses, balance sheet and growth susutainabilities of these companies."

Kotak said valuations for some of the midcaps may look stretched but one can still find enough buying opportunities.

However, he is not so upbeat on the infrastructure, capital goods space.

Kotak said, "VIP Industries will do well because tourism, travel related things are doing well and moreover, it has leadership position in luggage industry, plus most of its brands are doing well. The market share for the company is also growing being in a formalized segment. Buy on declines for a good long-term story."

With regards to Sundaram Fasteners, he said it's a strong company from TVS Group. It has emerged in a leadership position with a global portfolio. It is a play on industrial, infrastructure, automotive and exports, said Kotak, adding that it is sound investment for a two-three year period.

Apcotex Industries is a unique company specialised in emulsion polymer or rubber polymer chemicals. The company is strongly poised to grow its business both domestically as well as internationally. Expect 40% earning CAGR for next three-four years, he added.

First Published:Jun 19, 2018 8:49 PM IST