Bullish on Mahesh Tutorial in education space: Prakash Diwan
Cash flow which is likely to be impending that is what kind of brings in a little bit of a momentum in education sector, says Prakash Diwan.
ET Now: What is your call on the education space?
Prakash Diwan: I do not know particularly if there is any structural change that is happening in the space to warrant that but typically this is a symptom that we have seen come closer to March that is the kind of time when most of these companies are in for their cash flows and all that favourable kind of cash flow which is likely to be impending that is what kind of brings in a little bit of a momentum but it is a space that you got to be very selective because most of these stocks have turned out to be high beta.
I really do not think except may be Mahesh Tutorial which has got a very sustainable robust business model that we really like anything in that space at this point in time.
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