Buying Lupin Industries a safe bet: Dipan Mehta

In a chat with ET Now, Dipan Mehta, Member, BSE and NSE shares his views on the banking pack. Excerpts:

ET Now: One safe idea and one slightly risky proposition but which may give a better than expected return in the pharma space?

Dipan Mehta: When it comes to pharmaceuticals, clearly the safe idea is to buy Lupin Industries and then some of the more risky bets could be in stocks like Cadila and Torrent Pharma, which have come with a decent set of numbers.

Now, these are all stocks which we have investments in, these are 'clients-only' stocks and recommendations so one needs to mention that as a disclosure.