Future Capital a decent bet with long term view: Sinha
Published on Mon, Jan 14, 2008 at 15:44 | Source : Moneycontrol.com
Updated at Mon, Jan 14, 2008 at 17:46
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Future Capital a decent bet with long term view: Sinha
Jayprakash Sinha of Mangal Keshav feels that Reliance Power should not be missed after looking at attraction towards power and infrastructure sector but Future Capital is a decent bet with long term perspective and for making money.
Jayprakash Sinha of Mangal Keshav feels that Reliance Power should not be missed after looking at attraction towards power and infrastructure sector but Future Capital is a decent bet with long term perspective and for making money.
Sinha told CNBC-TV18, "If I look at Reliance Power and Future Capital, both looks slightly expensive. I would rather put my money in Future Capital because that model is quite well evolved and a lot of potential is there as far as making the absolute spread in advances is concerned."
He further added, "We have an example of Indiabulls Financial, the way it has grown, so my bias would be more towards Future Capital but the attraction at this point in time is power and infrastructure. So Reliance Power should not be missed as well. Both are equally good but if one asks me from a slightly longer-term perspective and to make more money I think future Capital is a decent bet."