Devang Mehta of Anand Rathi Financial Services recommends buying Bajaj Auto and Hero Motocorp.
Devang Mehta of Anand Rathi Financial Services told CNBC-TV18, "We feel that these are good buying opportunities in Hero Motocorp and Bajaj Auto because we have seen good amount of correction for both these stocks. Though numbers were not great but we feel if there is going to be recovery coming back into the capex cycle then overall GDP growth will also shoot up and may be consumption side of the market would also tend to do well."
"With the capacities in place for both these companies and Hero Moto with a dominant market share in India and Baja Auto good into exports both are good buying opportunities," he said.
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