Jagannadham Thunuguntla, Head of Research at Karvy Stock Broking told CNBC-TV18, "Overall the care segment is the pillar or the foundation on which the overall growth has set in now, but going forward, Essel Propack wants to maintain the oral and non-oral care segment at 50 percent, so that there is a fair bit of a diversification and the balance of growth and as well as the company has been working in terms of closing some of the loss making segments which should help EBITDA margins growth as well. And also, the capacity addition should be helping to take care of the future growth opportunities.""I think again, this is one such opportunity, dips should be used to buy as well as the strong parentage should be added in the overall business," he added."We have a tactical buy recommendation on Jain Irrigation Systems with a positive view. Only the monitorable in the case of Jain Irrigation is tepid and the debt repayment that they will be adopting," he said.
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