Positive impactResults
Spark’s Devang Mehta sees 18-25% growth in capital market stocks over 3-5 years, favours capex
CNBC-TV18 1 hr ago·29 Oct 2026, 9:48 am
Devang Mehta, the Deputy MD and CIO of Spark Capital, has identified a strong growth outlook for capital market stocks over the next three to five years. He believes the sector is poised for significant expansion, driven by robust earnings and long-term potential. Mehta's investment thesis is anchored in the belief that the current market environment offers substantial opportunities for investors looking to capitalize on this upward trajectory.
The Deputy MD specifically highlighted key sectors that are likely to benefit from this growth, including power automation, engineering, and financial market businesses. He also emphasized the importance of capital expenditure (capex) as a critical driver for these sectors. By focusing on companies with strong fundamentals and a commitment to growth, investors can potentially benefit from the sector's expansion over the medium to long term.
Investors should keep a close watch on the earnings reports and strategic initiatives of companies in these sectors. The ability of these businesses to execute on their capex plans and deliver consistent growth will be key factors to monitor. As the market evolves, staying informed about sector-specific developments will be essential for making well-reasoned investment decisions.
Excerpt from CNBC-TV18
Published On Oct 29, 2026 | 15:18 IST Last Updated On Oct 29, 2026 | 15:18 IST Devang Mehta, Deputy MD & CIO-Equity at Spark Capital Private Wealth highlights opportunities in power automation, engineering, defence and financial market businesses, citing strong earnings and long-term growth potential. The capital…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.
