Concor will benefit from an elaborate railway budget: Gaurang Shah, VP, Geojit BNP Paribas Financial Services

In a chat with ET Now, Gaurang Shah, VP, Geojit BNP Paribas Financial Services, shares his views on tier 2 PSU stocks.

ET Now: Talk about names such as EIL, NBCC, BEL, Concor etc. how do these stocks look to you would you recommend a buy on all four of any of these four?

Gaurang Shah: Two of them which we track is Engineers India and Concor.

Concor will be a beneficiary if there is going to an elaborated focus on the railway budget and the things that we have been hearing if that really rolls out then this could be one company that could have a direct benefit.

Engineers India given the kind of balance sheet it has, going forward this could be the company that could create value in ones portfolio.