Rahul Mohindar of Viratechindia is of the view that invest in Gammon Infrastructure with long term perspective.
Mohindar told CNBC-TV18, "I am comfortable on Gammon Infrastructure from a slightly medium to long term perspective. I would not read a down day like this as a major breakdown on trend basis but I would use it as an opportunity to stay invested or come in into the stock if you are looking at an entry point. One the whole I think infra is a sector you want to be staying in but probably it cannot offer you short-term momentum."
He further added, "So whether you are talking about GVK, whether you are talking about Lanco, you are not going to see that instant coffee that you are seeing in lot of the banking names, in lot of the auto names. So I don't think it has short-term flavour attached to it, you have got to be looking at this sector with at least one year time horizon and I still think there is tremendous opportunity."
