Power Grid FPO can provide major difference to your portfolio: Dilip Bhat

In a chat with ET Now, Dilip Bhat, Joint Managing Director, Prabhudas Lilladher, shares his views on Power Grid FPO. Excerpts:

ET Now: What do you make of the Power Grid FPO?

Dilip Bhat: It has received huge enthusiastic response from the institutional investors as such. The current management is perceived to be a lot more proactive in terms of dolling out the orders and ensuring that it gets completed in time so that the power producers do not have any problem.

In the given scenario, when markets have gone up, this stock provides a good kind of a buffer. At the same time, it provides a resilience or difference to your portfolio.

Should the things pan out as what you also have been talking about, it can give an upside.