'Buy JP Associates at current prices'

Avinash Gupta, Assistant Vice President Research Equity, Bonanza Portfolio Limited, says Era Infra and JP Associates look attractive.

| Mar 08, 2010, 03.50 PM IST

ET Now caught up with Avinash Gupta, Assistant Vice President Research Equity, Bonanza Portfolio Limited, to get his views on the infrastructure pack.

How are you viewing the infra space? Nagarjuna recently won an order of about Rs 1,220 crores. There have been some question marks on Punj Lloyd in terms of the execution and the problems that they have been having with regards to their overseas execution capabilities. What are your picks in infra?

We were recommending Era Infra, which has got an excellent order book and valuations are not very stiff. JP Associates is another stock which looks attractive at the current prices.

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