Coal India an attractive bet: UBS Securities

Coal India is an attractive bet at current levels, says Suresh Mahadevan of UBS Securities.

Mahadevan told CNBC-TV18, "The metal space is something where we are not very positive on. We have pretty much neutral to negative view on most things in the metals material space. The only exception is Coal India where after the current fall which is based on various things."
He further added, "I do think Coal India maybe an attractive bet at this current levels, so that is the only name we have in our portfolio otherwise we are pretty much at this point neutral to negative on the metal space because it is clearly linked to the global to a large extent and that is not looking very good picture."