SREI Infra Finance a buy: Anil Rego, Right Horizons
A lot of infrastructure financing is required. Government push is also coming in there.
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| Anil Rego, CEO & Founder Right Horizons, in a chat with ET Now talks about SREI Infra Finance.
Why do you like SREI Infra Finance? What’s the outlook in terms of their target prices?
We like SREI Infra because we are pretty bullish about infrastructure financing. A lot of infrastructure financing is required. There is some bit of government push also coming in there. So it is something that it is a sweet spot that the company is in. So I would expect SREI Infra to also do pretty well there. Of course one would need to be a little cautious that if it goes down - may be by 2-3% - you should look at whether to have a stop loss there. But I would have an upside target of somewhere around say 120 on the stock.
Why do you like SREI Infra Finance? What’s the outlook in terms of their target prices?
We like SREI Infra because we are pretty bullish about infrastructure financing. A lot of infrastructure financing is required. There is some bit of government push also coming in there. So it is something that it is a sweet spot that the company is in. So I would expect SREI Infra to also do pretty well there. Of course one would need to be a little cautious that if it goes down - may be by 2-3% - you should look at whether to have a stop loss there. But I would have an upside target of somewhere around say 120 on the stock.
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