Hold Reliance Infrastructure, says Avinash Gorakshakar

Avinash Gorakshakar, Market Expert told CNBC-TV18, "One should hold on to Reliance Infrastructure because there are lot of restructuring activities happening at Reliance Infra and I think the management has clearly indicated that debt on the balance sheet is going to get reduced. Another de-leveraging exercise was done about last year when they decided to sell the cement unit. I would believe that coming FY18 a lot of debt of the balance sheet is going to go and interest costs are going to come down."

"I would believe that if one can hold on for the next 12-15 months, he/she could get a good risk reward, so preferably hold on. I think one should definitely get a good price, overall the structure definitely looks quite positive," he added.