Difficult to find an attractive power stock right now: Lalit Thakkar

Lalit Thakkar, MD Institution, Angel Broking in a chat with ET Now shares his views on power pack

ET Now: What about power and infrastructure stocks in the session? There was a rally that we witnessed in them as well?

Lalit Thakkar: It is very difficult to find an attractive power stock because everybody is having an unique weaknesses. Somebody has ran out proper coal linkages and somewhere the valuations are very high. So, in the power sector, we are not very bullish.

In the infrastructure space, though in long run we continue to remain bullish, we still feel that a lot of infrastructure companies are still having an order book position, which are not remunerative.

Having said that, since we seem to understand that interest rates are going to come down in coming 6-9 months, so there is a lot of momentum in infrastructure companies. At this juncture, we would like to stick to Larsen.