Avoid Zee Learn, Tree House: Daljeet Singh Kohli

Daljeet Singh Kohli of India Nivesh Securites told CNBC-TV18, "Zee Learn and Tree House have the concerns on the corporate governance right from the beginning. So, it is not the first time that they have shown this kind of attitude towards investing community, but it has been there for quite some time. That was the reason why we never liked it and therefore, we never ventured into these stocks at any point of time.""Though education is a good theme to look at, but monetisation of that is very difficult in India and especially with the kind of mindset from the promoters, you should avoid these stocks. So, we very clearly have avoid view on these stocks and we will remain out of these stocks. Therefore, there is no need to calculate whether 1:1 is good or whether 1:5 was good or whatever it was," he said.