“Dipan Mehta recommends allocating a significant portion of portfolios to engineering, procurement, and construction (EPC) companies, with L&T remaining his top pick due to its enduring strength, diversified order base (40-50% from outside India), and unique execution capabilities for certain domestic projects. He also finds VA Tech Wabag and various power equipment companies (solar, wind, electric distribution) of interest.”

Dipan Mehta’s track record: 12 graded calls · 95% CI 25–75%