Prefer Inox Wind, like PNC Infratech: Mayuresh Joshi

Mayuresh Joshi of Angel Broking told CNBC-TV18, "PNC Infratech has got a very strong order book. We expect the topline to grow in excess of 13-14 percent. With revenue visibility around the corner, I think the margin expansion should be very evident over the next few quarters. So, PNC Infratech is something we like."

"Inox Wind is the other stock that we probably like at this juncture, it has decent order book on hands of around 1400 megawatts. The acquired sites under acquisition are close to 4000 megawatts. The topline has grown exceedingly well so far. Our own expectations are that the kind of valuations it is trading at 14 times, I think it deserves higher valuation close to 16 times. So, I think Inox Wind will be something that we would also be buying at this juncture. So, I think Inox will be something that we also preferring at this juncture.," he said.