Mkts to trade between 11,330-11,900 this month: Choksey

Published on Wed, Aug 23, 2006 at 15:47 |  Source : Moneycontrol.com

Updated at Wed, Aug 23, 2006 at 20:07  

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Deven Choksey, KR Choksey Securities

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But at the same time, the valuation is slightly expensive. Maybe one will have to wait for a better time to get into this stock at a lower price. But otherwise, the company's business is quite interesting.

Q: Give us your call on Torrent Power?

A: This company is buzzing more because of the consolidation, which is happening there, with the amalgamation of three companies, Torrent Power AEC , Torrent Power SEC and the power generation company into one company, which is Torrent Power.

The AEC company alone, I think is capable of making around Rs 27-30 earnings per share in the current financial year. I think the company appears quite interesting from the investment point of view, due to the buzz in today's headlines about the private equity funds investing into power factor, as this company is also positioned quite interestingly in this space.   

Q: Any disclosures?

A: Some of these companies, which we have talked about, I think my investors and I maybe holding positions in them. 

  

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