Would not like to add IGL into the portfolio: Deven Choksey

In a chat with ET Now, Deven Choksey, MD, KR Choksey Securities shares his views on IGL:

ET Now: Just one word, the rumours that are floating now is that the IGL case has been yet again deferred, what does one do with this stock because it is getting tiring waiting for hearing to come about?

Deven Choksey: Absolutely. It is absolutely tiring. You cannot be waiting for such a long period of time and keep playing around on date on time to time basis. Honestly we have stayed away from this particular stock for sometime so would not like to add into the portfolio once again, rather than that there are significant amount of battered down stocks available into the market today and it makes sense to concentrate some of them.