Vora believes owning HDFC Bank would not add significant alpha to his fund in the current value momentum regime. They stay out of HDFC Bank and Kotak Bank until their overall scores improve, focusing on sectors like financials, industrials, energy, and auto for potential growth in the medium to long term.
"The 9 million tonnes a year refinery is 76 per cent mechanically complete and will be completed by year end or so. First product from the refinery will flow in December or January next year," HPCL director for refineries S Bharathan told reporters on the sidelines of India Energy Week here.