Positive impactResults
PGIM India's Aniruddha Naha sees value in largecaps, select smallcaps after market correction
CNBC-TV18 1 hr ago·27 Oct 2026, 10:40 am
Following a recent market correction, PGIM India's Aniruddha Naha believes valuations have become more attractive. He suggests that large-cap stocks and a few carefully selected small-cap companies now offer better risk-reward profiles compared to their stretched mid-cap counterparts.
Naha is particularly interested in capital goods, auto ancillary, metals, and energy sectors. He anticipates an earnings recovery in metal tube makers over the next three to four quarters, which could drive stock performance in these areas.
Investors should monitor corporate earnings reports and global economic trends. These factors will be key in determining if the anticipated recovery in specific sectors materializes as expected.
Excerpt from CNBC-TV18
Published On Oct 27, 2026 | 16:10 IST Last Updated On Oct 27, 2026 | 16:10 IST Midcap valuations remain stretched, says the fund manager, who favours capital goods, auto ancillary, metals and energy stocks and expects earnings recovery in metal tube makers over the next 3–4 quarters. PGIM India Asset Management sees…Read the original at CNBC-TV18
Key takeaways
- Category: Results.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
