IVRCL valuation looking attractive: Parul Saini, Director, RBS

Parul Saini, Director, RBS, in a chat with ET Now talks about IVRCL and the infrastructure sector.

Can you identify a name or a pocket for us where to your mind markets are still mispricing growth on the upside and where to your mind absolute margin of safety is available and it makes perfect sense to be a buyer?

On the infrastructure side, valuations are looking quite attractive for names like an IVRCL or Nagarjuna but I would just wait for interest rates to soften up a bit given their high working capital requirements. So I would wait and watch those names quite closely.