Don't buy into Talwalkars: Satish Betadpur

Satish Betadpur, CFA, Global Research Director, Independent International Investment Research PLC in an interview with ET Now talks about Talwalkars.

What would you do with some of these Talwalkars which is up 15% no other peer?

Talwalkars have been harassing me and trying to get me to reassign their gym so obviously they must be trying to get their revenues up but anyway just outside of that I think there is a scarcity premium on a lot of these counters. I am not really sure whether one should jump in and buy because of a scarcity. I mean a company like Talwalkars there is no sustainable competitive advantage they have because there is no barriers to entry or exit. So given the valuations at which they are trading at I would not buy in into this but Talwalkars definitely would not be something that is on my radar at this point.