Would not advise to enter Kingfisher now: KN Rahaman, Way2Wealth

ET Now spoke to KN Rahaman, Deputy Research Head, Way2Wealth, for a fundamental check on Kingfisher stock.

Your views on Kingfisher?

I will not suggest for a contrarian call. In fact, if you want to really invest into aviation segment, Jet Airways and SpiceJet are the only two companies which are available for you at a lucrative price and with the growth story, not having such issues and they have shown also in their numbers.

Kingfisher typically has remained into controversy, although the controversies have been there into aviation segment always with Jet also with Sahara deal and all.

Kingfisher typically has got such controversies in the past as well and there is always a problem of managing the operational cost. With crude climbing by another $4 to $5 from here, it will be a great trouble for this company. So I will not suggest to enter into this company as of now.