IVRCL Infra, Lanco Infra to underperform: Thukral

IVRCL Infrastructure and Lanco Infra to underperform, says Hemant Thukral of SBI Capital Securities.

Thukral told CNBC-TV18, "Infrastructure has been like realty being a major underperform in the last six months but IVRCL saw fresh shorts being piled up on Friday itself and its already below Rs 90, it seems heading to Rs 80-78 zone now." He further added, "Similar positions with something like Lanco Infra, fresh shorts being piled on Friday. So these companies even at such lower levels are seeing fresh shorts being built in and that is not spelling good for these companies, so that