Buy Adlabs Films, says Kapoor

Kapoor told CNBC-TV18, "Adlabs remains one of my favourite stocks, I think one can go ahead and buy this because entertainment is a sector, which is really booming and likely to continue doing very well in years to come and Adlabs is one very well integrated player in this sector, it is in film processing, distribution, exhibition. They have a very good expansion plan, they are opening about 100 new multiplexes and also the group is very strong, it is Anil Dhirubhai Ambani group, which is a very strong group and they are also going to new areas, they are going to DTH, they are also planning to enter into television content production, so altogether a very sound company, very well integrated and in all different segments of entertainment."

He further added, "The risk here is quite less compared to a PVR or INOX Leisure . So amongst the entertainment space, this is my favourite stock and entertainment as a whole I think is a good industry to be in. One can go ahead and buy it and use any dips to accumulate more."