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Prefer Punj Lloyd: Rajen Shah

Prefer Punj Lloyd from infrastructure space, says Rajen Shah of Angel Broking.

December 15, 2012 / 13:24 IST
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Prefer Punj Lloyd from infrastructure space, says Rajen Shah of Angel Broking.


Shah told CNBC-TV18, "I would avoid BHEL but we are positive in infrastructure space, power space because we believe that the government is acting and should see good momentum building in the stocks. So in the infrastructure space I would recommend Punj Lloyd and Reliance Infrastructure showing some action."
He further added, "Tata Power has corrected in the power space. It is showing very good momentum but has corrected almost about 7 percent from the top it made a few days back. So Tata Power could see some action. So these are the three stocks which I would bet on in the coming week."
first published: Dec 15, 2012 01:10 pm

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