Basant Maheshwari

A bulk of the portfolio should comprise of companies that generate stable earnings, but there must be a small exposure to companies with very high earnings potential, the veteran investor said.

Kolkata-based Mr Maheshwari, who made his fortune from stocks like Page Industries, says broader markets are neither going to go up too much nor fall a lot from current levels (7,856) because of the absence of earnings growth.

Mr Maheshwari is optimistic about consumer-facing sectors like FMCG, housing finance firms and companies that have intellectual property rights (IPR).

The company gets 70 per cent of its business from Gujurat and Maharashtra, states which rank high on per capital income. It has as an efficient risk model that reduces bad loans. As of September 30, the company's gross non-performing assets (NPA) totalled 0.38 per cent of its total advances. Net NPA (Gross NPA minus provisions) is zero.

A bulk of the portfolio should comprise of companies that generate stable earnings, but there must be a small exposure to companies with very high earnings potential, the veteran investor said.

Kolkata-based Mr Maheshwari, who made his fortune from stocks like Page Industries, says broader markets are neither going to go up too much nor fall a lot from current levels (7,856) because of the absence of earnings growth.

Mr Maheshwari is optimistic about consumer-facing sectors like FMCG, housing finance firms and companies that have intellectual property rights (IPR).

The company gets 70 per cent of its business from Gujurat and Maharashtra, states which rank high on per capital income. It has as an efficient risk model that reduces bad loans. As of September 30, the company's gross non-performing assets (NPA) totalled 0.38 per cent of its total advances. Net NPA (Gross NPA minus provisions) is zero.