Sharma told CNBC-TV18, "It is one of the fastest growing company in the engineering and construction segment and its growth is over 40% on a sustained basis. Its order book is also high at Rs 7,200 crore which gives visibility for the continuation of earnings but again at current price of around Rs 330 it is discounting the current earnings by 28 times and therefore 28-30 times is not a cheap stock and the valuations are not attractive although the company is very good. So one can buy this stock when there is a correction in the stock."
