Gammon Infra not a good infrastructure stock to invest: Siddharth Sedani

Siddharth Sedani, Sr Manager (Portfolio Management Services), Microsec Capital Ltd. in an interview with ET Now talks about Gammon Infra.

Do you like Gammon Infra?

It is not advisable to invest in this stock purely because of the valuations. Valuations are not at all comfortable as far as the sector is concerned and in totality, it is about 250 megawatt commissioning of the power plant and everything but in terms of infrastructure space, there are better stocks to look in rather than this and valuations does not look very compelling at this point of time.