ILandFS Trans, IRB Infra look attractive: Jani
ILandFS Transportation Networks and IRB Infra are looking attractive, says Hemang Jani, Senior VP at Sharekhan.
February 16, 2011 / 15:47 IST
ILandFS Transportation Networks and IRB Infra are looking attractive, says Hemang Jani, Senior VP at Sharekhan.
Jani told CNBC-TV18, "There has been a de-rating across the infra board and it could be for genuine reasons also, because some of these companies have not been showing good execution track record, even debt and being able to tie up for the projects has been an issue."He further added, "We think that two companies, ILandFS Transportation Networks and IRB Infra, which also have corrected about 20-30%. We think at this point of time, they are definitely looking attractive and we think that over the next couple of months you will see major order flows and overall we have not come across any serious issues of corporate governance or debt related issues. So we think that from current levels, these two stocks can gain about 30-35% kind of an upside."Disclosure: It would be safe to presume that personally my company has interest in the above stock. 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!
