Tata Power is a better bet for longer term perspective: Avinnash Gorakssakar

In a chat with ET Now, Avinnash Gorakssakar, Founder Director, Moneyinvestments.in, shares his views on Tata Power.
ET Now: What are the valuations for Tata Power?

Avinnash Gorakssakar: From a long term perspective Tata Power has a better balance sheet compared to let us say Reliance Power. More importantly the kind of power slippages and distribution they have, I would say it is better to bet on company actually for a longer term perspective. In the shorter term, may be you could probably see the stock under performing.