Good numbers expected from J KumarInfra: Seshadri Bharathan

Seshadri Bharathan, MD & CEO, KSEMA Fincon Ltd, in a chat with ET Now talks about J KumarInfra.

Seshadri Bharathan, MD & CEO, KSEMA Fincon Ltd, in a chat with ET Now talks about J KumarInfra.

Talking about J KumarInfra we heard the management speak order book looking robust - two times FY10 sales - execution probably not a problem. Would you would go at and buy it at 210?

Definitely yes because they are predominantly present in the urban infrastructure space. We are seeing lot of construction activity happening in most of the metros in India being funded by Jawaharlal Nehru Urban Renewal Mission where we have seen the budget allocation also has increased for these kind of projects. So definitely J Kumar would be one of the biggest beneficiaries of this and going forward I expect the company to report strong set of top line and bottom line numbers.
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