Don't buy Mahindra Gesco

Published on Fri, Jul 20, 2007 at 17:45 |  Source : Moneycontrol.com

Updated at Fri, Jul 20, 2007 at 19:21  

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Rahul Mohindar, viratechindia.com

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Rahul Mohindar of viratechindia.com is of the view that one should not buy Mahindra Gesco at these level.

Mohindar told CNBC-TV18, "One has to be very specific, if one looks at Mahindra Gesco went negative on the stock, I would not like to buy this at these levels, I still see a downside here but I would tend to go in terms of a trading call as well as an investment call on Orbit, so we like that counter. Unitech does look good to us; we have got targets of Rs 620 and then Rs 650 on that. So it is going to be between Orbit and Unitech where majority of our real estate play would be."

  

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