Positive on TTK Prestige: Prakash Diwan, Asit C. Mehta Investment Intermediates Ltd.

Prakash Diwan, Head-Institutional Clients Group, Asit C. Mehta Investment Intermediates Ltd., in a chat with ET Now, gives his call on TTK Prestige


What is the call on TTK Prestige after its numbers?

For a company that started off with a small base, rose in terms of distribution reach and volumes of sales, there is a limit to what it can. TTK Prestige has done a remarkable job. To expect that to continue for the next few years would be unreasonable. The business is growing at a decent rate. That is good enough for the stock and also gives you that kind of return but to expect anything more is being a bit too optimistic.