Hold on to L&T and Crompton Greaves; don't buy BHEL: Neeraj Deewan

In a chat with ET Now, Neeraj Deewan, Director, Quantum Securities shares his views on the capital goods space.

ET Now: What about the excitement in capital goods, especially BHEL in the session?

Neeraj Deewan: We are bullish on stocks like Crompton Greaves and L&T. They have given very good returns over the last couple of months.

I still am not that comfortable with BHEL. I do not know what kind of results it will get and its order book growth. I am not investing in BHEL, but we are holding on to our positions in stocks like L&T and Crompton Greaves though we are not buying right now.

We are adding only on dips. We will stay with our positions, but we will not buy stocks like BHEL. There are lot of other in the space which can be looked at.