ONGC a good bet in the energy pack: Forefront Capital Management

Radhika Gupta, Director, Forefront Capital Management, in chat with ET Now talks about the energy stock.

What is your call on energy stocks? Is there anything that you like?

We had mentioned MRPL, we like ONGC among the energy pack. They have a stronger domestic production story.

But what when we talk about energy essentially from the power sector?

Within the power sector I think Tata Power has good prospectus. It was beaten down Jan-Feb-March a little bit unfairly and has the potential to come back because a beaten down was on account of an accounting restructuring. So that is something that management has resolved. They have been pretty committed to sort of re-evaluating the minds, re-evaluating the businesses are pretty regularly. Sso Tata Power is an interesting one on the pack.