Hold Jaiprakash Associates: G Shanbhag

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Hold Jaiprakash Associates: G Shanbhag

Ganesh Shanbhag, CEO, SMS Financial Services is of the view that one can hold Jaiprakash Associates. They have shown a topline of 44% growth and a bottom line of 47% growth in net profits.

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Excerpts from Your Stocks on CNBC-TV18 Watch the full show » ALSO READ See previous views by Ganesh Shanbhag See what other Experts & Brokerages are saying about Jaiprakash Asso See messages about Jaiprakash Asso Jaiprakash Asso BSE | NSE 28/05/12 Are Mutual Funds betting on Jaiprakash Asso?

Ganesh Shanbhag , CEO, SMS Financial Services is of the view that one can hold Jaiprakash Associates .

Shanbhag told CNBC-TV18, "In Jaiprakash Associates looking at the overall play it is cement cum reality cum infrastructure play, so with the merger of all the subsidiaries also, the balance sheet size also automatically grows up. They have shown a topline of 44% growth and a bottom line of 47% growth in net profits, its advisable to hold on this stock and gives it some more time because overall the company looks well poised to ride the infrastructure growth in the coming years."