PTC looks good: DD Sharma

PTC looks good, says DD Sharma, Senior Vice President Research, Anand Rathi.

Sharma told CNBC-TV18, "PTC is likely to perform much better in view of the fact that regulator has removed the cap from the long term. You see the power trading transactions and also for the short term the regulator has increased the margin from 4 paisa per kilowatt-hour to 7 paisa per kilowatt-hour and therefore we think that not only the volumes but margins will also go up in the current year and which will be reflected from Q1 also."

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