Entertainment - Film production, distribution & exhibition stocks

Indian film industry is one of the largest in the world producing more than 1000 native films annually. The industry is growing at a CAGR of 16% and also gaining global audience in Europe and North America. More multiplexes are coming up in tier II and tier III cities. The corporatisation of film industry led to enhancement of revenue margins and discovery of new revenue streams. Pyramid Saimira, Inox Leisure and PVR Cinema are emerging stars in this evergreen sector.

Oil & Gas - Oil drilling & Exploration Stocks

Oil exploration in India was kicked off by NELP program of the government. Shortage of drilling equipments is a major problem for existing oil block holders and new licensing programs. Companies are in the process of acquiring new equipments inorder to cash in. The outsourcing rates for the equipmets is also going high due to potential shortage till 2012. So, this is the time to enter in to the best sectoral stocks such as Shiv-Vani, Hindustan and Jindal. All the above companies have good exploration experience in India. Hindustan Oil Exploration Co. has higher P/E due to expections on higher profit margins in future.