Logistics, Retail, Telecom and IT are likely to be the star performers in India Inc for Q2. In a research report published by ILFS,[PDF] Logistics is expected to report a rise in YoY sales of 232% followed by Retail expected to report 70.2% rise in YoY sales. IT is expected to report growth of 39% and Telecom 36%.
ILFS favorite picks sectorwise are as follows.
Gateway Distriparks and Allcargo Global
Pantaloon Retail (India) Limited and Shoppers Stop.
Infosys Technologies Limited, TCS, Wipro (My favorites are Satyam and HCL Technologies)