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Last Updated : Jun 25, 2013 06:01 PM IST | Source: CNBC-TV18

Exit IVRCL, Lanco & GMR: Tulsian

One may look to exit IVRCL, Lanco infrastructure and GMR as they want to de-leverage their balance sheets, says SP Tulsian of sptulsian.com.

SP Tulsian of sptulsian.com told CNBC-TV18, "Lanco Infra or GMR Infrastructure have been looking to exit from road projects which they have because I don't think that this is remunerative for them and in fact they want to de-leverage their balance sheets they eventually have to go for this."

"These are the things which will be seen now so maybe the seven companies like IVRCL, Lanco and GMR could be the companies which one will look to exit," he added.

Also Read: New exit norms good for viable projects: Gammon Infra


First Published on Jun 25, 2013 06:00 pm