Textile stocks are a good bet: Dilip Bhat

Dilip Bhat, Joint Managing Director, Prabhudas Lilladher, spoke to ET now on Textile stocks

Century Textiles, are you using this as a benchmark for the entire textile group of stocks which have ran up or do you find something special or different in this particular company?

I think in Century its not just the question of textiles is certainly turning the corner in a very big way more important they also have a paper division which is also emerging from the shadow. The cement you all know that how all the cement companies were generating a good amount of cash.

Over next two to three quarters this particular segment possibly could see some kind of muted prices so muted EBITDA also but by and large I think all in all all the segments are really doing pretty okay and I think this at 4800-5000 Crores market cap it still is available pretty reasonable at the moment and not to forget the real estate is going to give a great leg up for the company and they are really firing on all as far as the real estate is concerned. So without factoring real estate which still feel that a 40% to 50% rise from the current level looks very much on the cards.