Here are CLSA's Recommendations on Midcap,
We hence advise a cautious approach with preference over quality and growth visibility. Arvind, Crompton Consumer, Dr. LalPathlabs, IDFC Bank, IndiGo and Sobha are our key picks.
We recommend a switch to Crompton Consumer (from Havells), INOX Leisure (from PVR) and Adani Transmission (from JSW Energy) given large valuation differentials. AmongNBFCs, our team recommends a switch from LIC Housing Finance to Indiabulls Housing.
