Pathik Gandotra bullish on IDFC

Pathik Gandotra, Dron Capital Advisors is bullish on IDFC. He is bearish on REC and PFC.

Gandotra told CNBC-TV18, “If I have to be bullish on infrastructure finance company I would be bullish on IDFC. That’s where at least you have asset quality comfort and there actually you can expect a reasonable ride once there is some clarity on policy reforms. I would not be bullish on REC and PFC.”
He further added, “Reliance Industries can give another 10% from here and then it will be all priced in. the issue is about- there is a temporary rebound in refining margins. So obviously that’s positive for the stock. There has been some talk of resolution on the KG-D6 and the third thing is their Shale gas assets over a period of time they start contributing to their EBITDA which is also what is getting increasingly realized by the market. But I don’t see a big run there. I think another 10% run in Reliance is possible.”