Dipan Mehta Bullish on CVs, Cautious on IT & New-Age Tech

• Dipan Mehta favors Commercial Vehicle (CV) stocks, especially Ashok Leyland, citing strong cyclical performance and market share gains.
• He advises being overweight in the CV sector, noting its insulation from electrification risks and potential for a replacement cycle.
• Mehta is disappointed with Ola Electric's market share struggles and GST impact, but bullish on Meesho's long-term marketplace model.
• He expresses caution on large-cap IT services like TCS, citing moderated growth and AI's limited revenue impact.
• Mehta is constructive on AMCs, believing regulatory changes are less severe and SIP inflows will sustain growth.

Why It Matters: Mehta sees opportunity in CVs and AMCs, but advises caution on IT and specific new-age tech stocks.