IT may no longer be the high-growth sector it once was, but attractive valuations are making it worth a fresh look, says Jyotivardhan Jaipuria, Founder & MD of Valentis Advisors. He remains bullish on cement as pricing improves after the monsoon, sees stable margins and healthy demand for metal-linked businesses, prefers pharma over chemicals despite improving fundamentals, and says his latest portfolio addition has come from the ceramics space. Is the next leg of market returns shifting from AI favourites to overlooked old-economy sectors?
