Expect IL&FS Transportation to go at levels of about Rs 160-170: Edelweiss

In a chat with ET Now, Ambareesh Baliga, Managing Partner-Global Wealth Management, Edelweiss Financial Services, shares his views on IL&FS Transportation. Excerpt: ET Now: In terms of stock specific trade are you still keeping a conviction with IL&FS Transport?

Ambareesh Baliga: I was recommending IL&FS Transportation at levels of about Rs 105-110 and that has moved up quite smartly in the past few weeks.

In fact, I see that stock going to levels of about Rs 160-170.