Mar 10, 2017 04:47 PM IST | Source: CNBC-TV18

Hold Tata Power, says Avinash Gorakshakar

According to Avinash Gorakshakar, Market Expert, one may hold Tata Power with 12 months view.

Avinash Gorakshakar, Market Expert told CNBC-TV18, "Most of the power companies are likely to get significantly re-rated once the government actually incentivises the kind of tariff kind of plans. Tata Power definitely should do well.""In the last quarter we had seen some amount of improvement on the EBITDA side. One can hold on for next 12 months and probably then get a good return on investment. So, preferably better to hold on rather than book a loss," he added.
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