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Exit Torrent Power, says Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com advises exiting Torrent Power.

June 13, 2017 / 16:07 IST

Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "I would recommend a sell on Torrent Power simply because this is a sector where most of our problems exist in terms of leverage, etc. My sense is that there is better money to be made in other sectors and other stocks. So, I would just recommend an exit."

"I have recommended a stock like DCB Bank. If one wants to buy something within the steel space, one can look at a JSW Steel. In power I do like Tata Power more than the others, but I think post the Mundra judgement, I am a little wary of that as well. So, as of now, I don’t have a recommendation in power as a sector," she added.

first published: Jun 13, 2017 03:33 pm

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