Buy Pipavav: Vikas Pershad

ET Now spoke to Vikas Pershad, Founder & CEO, Veda Investments, on Pipavav.

You are also bullish on Pipavav and S Kumars, is that from a long-term perspective or are these trading bets?

Longer term for both. I would feel more comfortable holding Pipavav for the longer term just because when I am looking for an investment, what do I look for? Decent valuations, strong management team and a true sustainable advantage and among those three, the sustainable advantage over competitors, it is where Pipavav really has a true advantage and it is very difficult to replicate what they have, so that’s a longer term buy.