Don't expect astronomical rise of Escorts value from current levels: Sudip Bandyopadhyay

In a chat with ET Now, Sudip Bandyopadhyay, President, Destimoney Securities, shares his views on Escorts. Excerpts: ET Now: What is your view on Escorts?

Sudip Bandyopadhyay: Escorts have performed very well. It has outperformed most of their peers. Having said that, the valuation currently of Escorts is looking full. I do not think there is going to be a astronomical rise of the Escorts value from current levels. Hence, as a cautious investor can invest for steady returns, do not expect abnormal returns from Escorts now.