Talwalkars a short term bet: Gaurang Shah, Geojit BNP Paribas Financial Services
Huge competition is coming in from tier 2 and tier 3 cities.
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| Gaurang Shah, Asst. VP, Geojit BNP Paribas Financial Services, in a chat with ET Now talks about Talwalkars.
What would you do with Talwalkars?
On Talwalkars, I have a little bit of concern in the sense that most of their branches are franchisee model and I do not know if they will be able to sustain the kind of revenues because you have a huge competition coming in from tier 2 and tier 3 cities. So I would ride on it from a short-term point of view, not make it an investment story.
What would you do with Talwalkars?
On Talwalkars, I have a little bit of concern in the sense that most of their branches are franchisee model and I do not know if they will be able to sustain the kind of revenues because you have a huge competition coming in from tier 2 and tier 3 cities. So I would ride on it from a short-term point of view, not make it an investment story.
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