MBL Infra, J Kumar Infra preferred picks: Harendra Kumar

Harendra Kumar of Elara Capital told CNBC-TV18, "In the infrastructure space clearly there is more opportunity. After the big beta rallies lot of the infrastructure names had come off. On the smaller side Hindustan Construction Company is coming up beautifully in terms of order book, receivables and margin expansion."

"MBL Infrastructures and J Kumar Infraprojects are our preferred picks in small-caps space. They have a very good balance sheet and are looking to win a lot of orders. According to me, infrastructure space which is seeing traction, the smaller companies will see higher delta and there is opportunity to outperform," he said.