Bharat Forge looks rich in valuations, further corrections likely: Sudip Bandopadhyay

In an interaction with ET Now, Sudip Bandopadhyay, market expert, shares his views on Bharat Forge.

ET Now: Do you have a view on Bharat Forge?

Sudip Bandyopadhyay: Well I like the company, it has been doing phenomenal work as far as global markets are concerned. Even in domestic market they are one of the leading players in the forging space.

But if you want to buy a company that this particular space where Bharat Forge is operating I will go for probably either Ramkrishna Forging or Mahindra CIE. I will not buy Bharat Forge, the valuation looks rich, there is probably a little bit more scope for correction.