Expect 25% returns in Ramky Infrastructure: Tulsian

Expect 25% returns in Ramky Infrastructure in next four-six months time, says SP Tulsian of sptulsian.com.

Tulsian told CNBC-TV18, "If you go by the history of Ramky Infrastructure, they went public about three-four months back in the month of October. There was offer for sell as well as IPO and company mobilised about Rs 350 crore from IPO by way of fresh issue. Part of that money used for repayment of the term loan and majority of the amount close to about Rs 200 crore has been sourced for working capital."

He further added, "We know that the present problem for all these construction or the contracting companies or the infrastructure stocks are facing huge liquidity crunch. I think the IPO money, they made the IPO at Rs 450, has been helping this company to keep the interest cost under check. That