GMR a very good investment: Kunj Bansal

Kunj Bansal, CIO, Sanlam India shares his view on GMR in a chat with ET Now:


ET Now: Last time when I insisted on high risk high return idea for our viewers the name you give me was Persistent Systems, give me another name?

Kunj Bansal: GMR Infrastructure is one stock which we should look at if specifically in your space of high risk high return the company need support of the policies, policies in terms of the interest rate continuing to come down, policies in terms of government continuing to support the infrastructure investment and to add to that management has been proactive. We have seen some divestment of their properties having happened in last few days and earlier also and are likely to see some more so given the combination of these three factors that is one very good investment which could give returns in high risk high return space number one and number two subject to support of policies.