Mahindra Holidays is a great pick: Ambareesh Baliga

"Last two quarters have not really been too good but again looking at the next foreseeable 2 to 3 years I think it’s a great pick at this point of time."

Ambareesh Baliga, VP, Karvy Stock Broking Ltd. in an interview with ET Now talks about Mahindra Holidays.

One Diwali pick?

Diwali pick in fact we had quite a few of them and mostly contrarian ones. One of them in Mahindra Holidays which is still down I think it is closer to around 400. It was around 550 if we look at it around 4-5 months back. Last two quarters have not really been too good but again looking at the next foreseeable 2 to 3 years I think it’s a great pick at this point of time.
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