Bullish on Walchandnagar: Avinash Gorakshekar

Avinash Gorakshekar, VP Research, Edelweiss Financial Advisors, in an interview with ET Now, gives his stock recommendation


Anything that you are recommending on your desk?

Clearly Walchandnagar could be a good kind of a stock to look at. The company had actually earlier not put up very encouraging numbers and this is a stock which is typically from the small cap space. It is a very significant player in the capital good segment. So one would like to see and read between the lines and see what is the kind of order book going forward. But Walchandnagar definitely as a stock definitely company’s financials are definitely very strong. It has got a very small equity base so Walchandnagar if the show continues to go on then definitely there is good upside for the stock.