Infra stocks a good buy from a long-term perspective: Sudip Bandyopadhyay

In a chat with ET Now, Sudip Bandyopadhyay, President, Destimoney Securities Pvt Ltd, shares his views on power and infra stocks. Excerpts:

ET Now: What else is drawing your attention at this point? Power has gone completely off the radar, there is some move on given day in infrastructure names, does that segment still hold interest and do you have any top ideas from there?

Sudip Bandyopadhyay: Yes infrastructure, it is an interesting area now. They have been beaten down mercilessly over the last few months and some of these stocks are available really at an attractive valuation. Now the question is one has to be an aggressive investor with one-year plus time horizon. If you are falling in that category of investor, there is opportunities of buying into infrastructure, beaten down names and I will like to talk about even a company like Jaiprakash Associates or GMR Infra. At these levels it is looking attractive to buy into these stocks for one year plus hold.