BGR Energy, Transformers & Rectifiers look good: Baliga

BGR Energy and Transformers & Rectifiers are looking good at current levels, says Ambareesh Baliga, Market Analyst.

Baliga told CNBC-TV18, “Capital goods space again I am looking at BGR Energy Systems and Transformers and Rectifiers India especially after the way BHEL has run up from those lower levels. I think attention will shift to stocks like these. So I am looking at above two stocks.”
He further added, “Axis Bank could be an odd man out in the private sector banking space where NPAs could be an issue, so that is to be watched out for. But as far as the growth is concerned, I see about 22-23 percent which should be in line with the rest of the private banking space.”