Talwalkars could give you a 20%-25% up move: Prakash Diwan, Networth Stock Broking

Prakash Diwan, Head-Institutional Business, Networth Stock Broking (Fundamental Check), in a chat with ET Now, speaks about Talwalkars.

What is your call on Talwalkars?

We have been sensing this company to start flexing its muscles in terms of expansion. It has not really done too much on that side but now after the numbers were very encouraging to see that they have geared themselves up to actually increase their presence in some of the markets which are much more lucrative with less competition in the organised sector and the margins that they enjoy are phenomenal going forward also that would continue.

It is an inflationary proof kind of a business because this is a very select class of people that avails of the services. We believe that it could give you a 20%-25% up move in the next six to eight months.