High risk, high return ideas include IRB, Punj Lloyd, IVRCL: Vineet Bhatnagar, PhillipCapital

In a chat with ET Now, Vineet Bhatnagar, MD of PhillipCapital shares his view on the some of the high risk, high return ideas in the market. Excerpts:

ET Now: What are some of the high risk, high return ideas?

Vineet Bhatnagar: The high risk, high return ideas will definitely be in the midcap space and we are going to look out for names in the infra cyclical space. We have put out a report where we are talking about IRB, Punj Lloyd and IVRCL. Hence, these names may show some amount of pain if the market does not come back quickly and perhaps if there is a delay in the quarterly earnings. But if one has the appetite to hold on to it, then these are the names that one can move in.