Positive on infrastructure companies: Sadanand Shetty

In a chat with ET Now, Sadanand Shetty, Vice President and Sr. Fund Manager, Taurus Asset Management Company, gives his views on infra and debt laden companies.

What about infrastructure companies or debt laden companies which are drawing interest post the rate cuts?

This cut in policy repo rate is basically positive for the entire economy and more so for infrastructure and construction companies. It boosts the confidence across entrepreneurs and lead the investment cycle. That is something we would consider positive but sustained rally in infrastructure and construction should be led by earnings upgrade. So there are execution challenges that need to be met, order book need to be filled. Things would improve in coming times and we would expect this sector to do significantly well.