ET Now In an interview with ET Now, Deepak Shenoy, Founder, Capital Mind, talks about his wealth-creating ideas.
ET Now: Any investment, wealth creation ideas, that could turn supremely attractive in a year from now?
Deepak Shenoy: That is interesting. We are invested in some of these definitely, so we like a couple that we have been looking at very closely recently.
One is Aegis Chemical, and I have talked about this earlier on this channel, and Sterlite Technologies. Sterlite Technologies is primarily about the optic fibre cable piece rather than their power and transmission piece.
They are going to demerge those two very soon. People who own the shares will get a certain pay off for the power and transmission piece which will go private. The public company will be their telecom business which is the OFC business.
We believe there is a big scope for it to grow, especially with the new smart cities initiative, and the fact that fibre will be needed. Also, we hear a lot of good news about them coming into the defence sector as well, which will probably add to their growth. That is one reason on that front.
For Aegis Logistics, it is primarily the rail connection in the north that seems to be ramping up margins substantially with their Pipavav unit doing really, really well. They have scope for expansion now in Kandla as well.
ET Now: Any investment, wealth creation ideas, that could turn supremely attractive in a year from now?
Deepak Shenoy: That is interesting. We are invested in some of these definitely, so we like a couple that we have been looking at very closely recently.
One is Aegis Chemical, and I have talked about this earlier on this channel, and Sterlite Technologies. Sterlite Technologies is primarily about the optic fibre cable piece rather than their power and transmission piece.
They are going to demerge those two very soon. People who own the shares will get a certain pay off for the power and transmission piece which will go private. The public company will be their telecom business which is the OFC business.
We believe there is a big scope for it to grow, especially with the new smart cities initiative, and the fact that fibre will be needed. Also, we hear a lot of good news about them coming into the defence sector as well, which will probably add to their growth. That is one reason on that front.
For Aegis Logistics, it is primarily the rail connection in the north that seems to be ramping up margins substantially with their Pipavav unit doing really, really well. They have scope for expansion now in Kandla as well.
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