Talking to ET Now G Chokkalingam , Founder & MD, Equinomics Research & Advisory says betting on Karnataka Bank and KPIT Technology Edited excerpts:I like Karnataka Bank because compared to its peers, the whole private sector banking segment trades at just 1.2 times price to adjusted book value. Till four-five years ago, most of these private sector banks had a business size of around Rs 40000-50000 crore. It has corrected more than 30-35% and I have been talking about the consolidation in the IT space. I recommend KPIT Technology because one, the stock has corrected a lot and two, if you look at the enterprise value to the annual revenue, it is about 0.7 times. Their cash is more than their debt so considering all these fact I strongly recommend KPIT Technology as well.

Source: Economic Times August 10, 2017 10:37 UTC