Recommend to stay cautious on Cox & Kings and Tex Rail: Mayuresh Joshi

In a chat with ET Now, Mayuresh Joshi, VP, Institution, Angel Broking, shares his views on Cox & Kings and Tex Rail.

ET Now: Your views on Cox & Kings and Tex Rail?

Mayuresh Joshi: Both of these stocks are dependent on a lot of varied factors. If you talk specifically about Cox & Kings a lot of acquisitions did not hold in good stead and the markets will not perceive but with some amount of stake is probably going through for Cox & Kings.

Again huge amount of traction happening, there might be some amount of revenue growth but again we will be a little bit cautious for these stocks going forward, similarly for Tex Rail in the similar breadth. So we will be little bit cautious on both these stocks specifically from an FY16 perspective.