Ambareesh Baliga's view on Educomp, Everonn

Ambareesh Baliga, COO of Way2Wealth share his view on Educomp and Everonn.

Baliga told CNBC-TV18, "Everonn is more of a dead cat bounce; this is not another LIC Housing which can bounce back after such an incident and hold on at higher levels and look forward for new high. So Everonn story is more or less over."
He further added, "Educomp - if people are looking at much longer term over one-two years you could see a move but in the short to medium-term, I do not see too much of a bump up."