Remain invested in GVK Power: Shahina Mukadam

Shahina Mukadam, Independent Market Expert is of the view that one may remain invested in GVK Power.
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Nov 30, 2016, 03.26 PM | Source: CNBC-TV18

Remain invested in GVK Power: Shahina Mukadam

Shahina Mukadam, Independent Market Expert is of the view that one may remain invested in GVK Power.

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Remain invested in GVK Power: Shahina Mukadam

Shahina Mukadam, Independent Market Expert is of the view that one may remain invested in GVK Power.

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Shahina Mukadam (more)

, | Capital Expertise: Equity - Fundamental

Shahina Mukadam, Independent Market Expert told CNBC-TV18, "At current levels there is no point in selling out  GVK Power ; one should hold because there has been some sort of a arrangement for the land deal with DIAL. So, that should be an upside. Also, there is likely of monetisation of some of its airport properties; and in terms of the gas plants which is a major drag on their profitability, that also we could see silver-lining now with more availability of gas to power plants and increased plant load factor (PLF). So, to that extent I would continue holding GVK Power.

"I would give a target of Rs 7 and keep a stop loss of Rs 5," he added.
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Remain invested in GVK Power: Shahina Mukadam

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