Mid-cap IT, EMS and defence offer better growth opportunities: Quest Investment Managers

Rakesh Vyas, CIO & Portfolio Manager at Quest Investment Managers says valuations in mid-cap IT services have become attractive and offer better growth visibility than the broader sector. He also remains positive on EMS, preferring Avalon Technologies over peers, while believing much of Dixon Technologies’ recent rally is priced in. On consumption, he favours urban-focused themes such as autos, retail and quick commerce. In defence, he prefers niche suppliers like Sansera Engineering over large PSU names, citing stronger long-term growth potential.