Portfolio Manager, PN Vijay is of the view Indian Hotels for a long-term investor would be much better.
Vijay told CNBC-TV18, "Indian Hotels most certainly. The reason is that it's a bigger company, it attracts institutional attention much more than Apollo Tyres. It is surely having a problem of raw material prices and imports. Indian Hotel seems a clean bet, if the business travel etc and India as a destination and its strot of blue-chip category, people like to keep it. I know people who keep it just like HUL or Infosys, So Indian Hotels for a long-term investor would be much better."
