Patanjali, HDFC Bank, midcaps in focus: Mayuresh Joshi

Mayuresh Joshi, Director Research at Marketsmith India, sees Patanjali potentially emerging as an FMCG outlier in FY27 on stronger growth, margins and cash flows. He also believes the worst may be over for HDFC Bank, while select pharma, engineering and specialty chemical stocks could support broader market gains.