HomeNewsBusinessStocksBullish on Delta Corp, Tata Global & PSU banks: Niraj Dalal

Bullish on Delta Corp, Tata Global & PSU banks: Niraj Dalal

Niraj Dalal, Founding Partner of 3A Capital Advisors is bullish on Delta Corp, Tata Global Beverages and public sector undertaking (PSU) banks. He expects to see significant traction in Dish TV's subscriber numbers and profit after tax (PAT) in next two-three quarters.

August 08, 2016 / 16:30 IST
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In an interview to CNBC-TV18 Niraj Dalal, Founding Partner of 3A Capital Advisors shared his reading and outlook on various stocks.Speaking about Dish TV, he said the company is in a phase of consolidation and he expects to see significant traction in its subscriber numbers and profit after tax (PAT) in next two-three quarters.Dalal is bullish on Delta Corp, Tata Global Beverage and public sector undertaking (PSU) banks.Delta Corp has posted strong results in Q1 of FY17. "Over the next 12-18 months, Delta will generate a PAT of anywhere between Rs 120 crore and Rs 140 crore from their existing business", he said.On Tata Global Beverages, he expects margins to improve going forward.Among the PSU lot, he is positive on State Bank of India (SBI) and Bank of Baroda (BoB).For entire discussion, watch accompanying videos...

first published: Aug 8, 2016 04:30 pm

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