ICICI Direct gives Man Infra & Bank of Rajasthan a miss
ET Now talks to Pankaj Pandey, Head of Research, ICICI Direct value picks.
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| ET Now talks to Pankaj Pandey, Head of Research, ICICI Direct on value picks.
Do you buy Man Infra, Bank of Rajasthan & NMDC as a value pick?
No comments on NMDC. In terms of Bank of Rajasthan there are other private sector players which investor can look at and probably looking from a QIP perspective or in terms of the overall performance perspective I think investors can give it a miss rather than taking that risk going forward.
There are better players in terms of on an infrastructure space side and I would prefer to go with the large cap ones probably IVRCL, HCC or for that matter Simplex Infra.
For example Simplex Infra has got a order book of about 10,000 odd crores and they have been sustaining their margins going forward and I believe there are other better players compared to Man Infra so I will recommend investors to give it a miss.
Do you buy Man Infra, Bank of Rajasthan & NMDC as a value pick?
No comments on NMDC. In terms of Bank of Rajasthan there are other private sector players which investor can look at and probably looking from a QIP perspective or in terms of the overall performance perspective I think investors can give it a miss rather than taking that risk going forward.
There are better players in terms of on an infrastructure space side and I would prefer to go with the large cap ones probably IVRCL, HCC or for that matter Simplex Infra.
For example Simplex Infra has got a order book of about 10,000 odd crores and they have been sustaining their margins going forward and I believe there are other better players compared to Man Infra so I will recommend investors to give it a miss.
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