Not in a hurry to recommend Dish TV for short term investors: Mehraboon Irani, Nirmal Bang Securities
The only name which is attractive at the present level despite the fact that there could be some dilution of equity coming over the next six-nine months is Dish TV.
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In a chat with ET Now, Mehraboon Irani, Nirmal Bang Securities, shares his views on metal pack.
What is the call on BHEL ?
Mehraboon Irani: I would not recommend this stock. It has come down very sharply from which it has rebounded nearly 30-40% from the lows. The company has got its own problems right now. It will be a good company otherwise and lot of investors have been asking should one buy into BHEL for the longer term.
As far as reform measures announced by the government, I do not think money is going to come to India in a hurry and investment cycle is not going to kick off very soon. It will happen one fine day. So there is no haste in recommending stocks like BHEL.
ET Now: Your call on the media space?
Mehraboon Irani: The only name which comes out and which is attractive at the present level despite the fact that there could be some dilution of equity coming over the next six-nine months is Dish TV. At the present level, there is an opportunity over there though not in a hurry to recommend this stock for investors looking from a short term perspective.
What is the call on BHEL ?
Mehraboon Irani: I would not recommend this stock. It has come down very sharply from which it has rebounded nearly 30-40% from the lows. The company has got its own problems right now. It will be a good company otherwise and lot of investors have been asking should one buy into BHEL for the longer term.
As far as reform measures announced by the government, I do not think money is going to come to India in a hurry and investment cycle is not going to kick off very soon. It will happen one fine day. So there is no haste in recommending stocks like BHEL.
ET Now: Your call on the media space?
Mehraboon Irani: The only name which comes out and which is attractive at the present level despite the fact that there could be some dilution of equity coming over the next six-nine months is Dish TV. At the present level, there is an opportunity over there though not in a hurry to recommend this stock for investors looking from a short term perspective.
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