Like Ashoka Buildcon, Sadbhav Engineering: R Sreeshankar

R Sreesankar, Head - Institutional Equities at Prabhudas Lilladher told CNBC-TV18, “InAshoka Buildcon, we had a target price at a previous high of Rs 224 and we continue to remain, we are looking at a longer term picture.”

"We like Ashoka Buildcon and Sadbhav Engineering in the engineering space. We like these stories as we believe that it is a good long-term holding. These companies have got certain BOT projects on their subsidiaries. It is well-funded for those BOT projects. It should not have cash flow problems for executing many of these projects, etc. So, from the engineering space, we like these companies and we still continue to like it,” he said.