Phani Sekhar, Fund Manager of Angel Broking told CNBC-TV18, "Four ongoing projects and toll collection looking up on the existing projects, the financial costs of IRB Infrastructure are expected to go down. But after today's correction the valuations have started looking attractive, but generally with midcaps after this kind of correction one should be wary."
"It would be a good idea for the investor to keep this on the radar and maybe after some more correction one can add it to portfolio, but strictly from a longer term perspective," Sekhar said.
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