HomeNewsBusinessMarketsAvoid BHEL, nibble in L&T at current levels: IIFL's Seth

Avoid BHEL, nibble in L&T at current levels: IIFL's Seth

Prashastha Seth, senior vice president at IIFL Private Wealth suggested holding on to IVRCL. He further said that Lovable Lingerie is a good buy at Rs 300 levels and a good selling at Rs 450 levels. Moreover, he advised nibbling in Larsen and Toubro (L&T) at these levels, but avoid BHEL.

November 16, 2011 / 14:51 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Prashastha Seth, senior vice president at IIFL Private Wealth suggested holding on to IVRCL. He further said that Lovable Lingerie is a good buy at Rs 300 levels and a good selling at Rs 450 levels. Moreover, he advised nibbling in Larsen and Toubro (L&T) at these levels, but avoid BHEL.

Below is the edited transcript of his interview to CNBC-TV18. Also watch the accompanying video. Q: How should one play IVRCL? There is a big crack down on infrastructure and IVRCL has been on top of the list when it comes to a sell off?
A: There are two factors playing on the infrastructure sector
first published: Nov 16, 2011 01:16 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!