Crompton Greaves, Areva T&D attractively priced: Seshadri Bharathan, KSEMA Fincon Ltd

Seshadri Bharathan, MD & CEO, KSEMA Fincon Ltd, in a chat with ET Now talks about Areva T&D, Crompton and ABB

What do you do with stocks like Areva T&D, Crompton and ABB?

I think if you look at short term, the markets might be reacting to particular news but if you are looking at a longer term some of these stocks like Crompton Greaves or an Areva T&D look attractively priced in terms of valuation. Most of these stocks like Areva T&D or Crompton Greaves would trade around 20 to 22 times multiple of FY11 while ABB trades around 26 to 28 times multiple of FY11. So in terms of valuation I think Crompton Greaves or Areva T&D makes more sense to invest.