I do not see anything interesting in Jet Airways as of now: P Phani Sekhar

In a chat with ET Now, P Phani Sekhar, Fund Manager-PMS, Angel Broking, shares his views on Jet Airways.

ET Now: What do you do with Jet Airways?

P Phani Sekhar: Well, do nothing, because, we do not know what valuations and deal will happen. Even if deal happens around these levels, apart from a tactical pay off in the form of an open offer, I do not see anything at least from the investors point of view, because the valuations are still high and new investor comes with a long term horizon and some synergies in mind, something that are unlikely to realise over the next two to three years.