Infra cos should be growing at 25-30% in the next 5 yrs: Gul Tekchandani

Gul Tekchandani, Investment Advisor advises on the infrastructure sector, in an interaction with ET Now.

In the OMC lot, how much more headroom do you see in the stock price movement and which ones would you be your favourite picks amongst the lot?

Gul Tekchandani: I cannot talk about individuals ones. Obviously the largest one and one of the private sector one is there and these are necessities and have now been starting to deregulate and you can see that. Today's statement from the Prime Minister is rather positive and as things go forward, you will see subsidy burdens coming down. If that happens, the way we think these companies will make good money which they used to make in the yester year.

So clearly, after such a deep consolidation of several years if when they can get released obviously they will only move ahead and any which way if India's growth and China's growth is going to continue, then you know that crude price also either will remain stable or move up and then go down substantially. So these companies have a future and in light of that I would say both the private ones and the public sector ones should be the kind to be looked at.