ARSS Infra can easily go beyond Rs 1,000: Satish Betadpur

ET Now caught up with Satish Betadpur, CFA, Global Research Director, Independent International Investment Research PLC, to get his views on ARSS Infra and DQ Entertainment.

What are your calls on ARSS Infra and DQ Entertainment?

ARSS Infra can reach Rs 1000 levels. The company announced that it can do Rs 100 EPS for 2011 and even if you give a conservative multiple of 10 times, the stock can easily reach Rs 1,000. It can even reach higher levels from there on because the business is well diversified. It has 40% of revenues coming from railways, 40% from roads and 20% from others. So, that's a good longer term story to hold onto.

On DQ Entertainment, actually our consortium covers the parent on the London AIM market and we have looked at the stock in great detail and we really like their business and clientele. Valuation is a bit stretched but if you look at a year or two ahead, the stock can grow into its valuations. So, this is a good stock for retail investors and others to get involved in. I am not really sure whether we will get a gangbuster opening day pop but it is a good solid stock, well-run company and we have good company with good clients to own.