L&T the best bet to play the capex theme? Dipan Mehta explains why
“If you are a long-term player with a slightly contrarian view, then corrections like this in a good business certainly is an opportunity to buy. But when it comes to consumer durables, a better way to play would be through the contract manufacturers. We have Amber Industries which is a play on air-conditioning and there is Dixon as well which is also a play on consumer electronics and consumer durable.”