Advanta favorable pick for long term: Deven Choksey

Deven Choksey of KR Choksey Shares told CNBC-TV18, "Advanta came out with different set of numbers and probably this is one company which looks quite interestingly position as well. Though there has been a sharp jump in the profit, we do believe that given the kind of the presence that they have in about six continents through UPL, this company is ultimately coming out with successive set of numbers which are likely to be quite brilliant."

"We like this company from investment point of view from long-term. In short-term the stock has done a good performance on the pricing front. For long-term investment this company remains a favorable pick within the agri space for us," he said.