Phani Sekhar, fund manager at Angel Broking told CNBC-TV18, “It is not one of the best times to be holding on to infra stocks. Over the next even two years, I don’t expect a lot happening in Lanco Infratech or in that space. There are whole lot of policy issues, but within the infra space, if one wants to switch then L&T, which is a more diversified company, is a better idea.”
"Lanco will face severe balance sheet stress over the next 6-12 months. With a slowing economy showing no signs of a recovery in investment, it will be stressful for many shareholders in infra space,” Sekhar said.
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