Bullish on International Travel House; can buy stock for long-term gains: Prakash Diwan

In a chat with ET Now, Prakash Diwan, Director, Altamount Capital, shares his top investment idea.

ET Now: Is International Travel House the next big investment idea for the day?

Prakash Diwan: Yes, but it is probably…

ET Now: I mean, for a couple of years.

Prakash Diwan: It has been discovered now that we have things ratified in terms of their plans and there is nothing which we see as negative triggers.

In fact, there are a couple of positive triggers that could come through, especially in some very unique alliances with service apartment operators that the company is working on with. These are very unique models that they are trying to do to, in a bid to come out of this number ‘three’ kind of player.

I mean, nobody talks about anything other than Thomas Cook and Cox & Kings.

So, we have a company with very good pedigree. Again, I can tell you that is one of the key strengths. The company is headquartered in Kolkata and that could be the reason why it is lesser known.