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Prefer SpiceJet, says Vijay Chopra

June 29, 2017 / 16:34 IST

Vijay Chopra of enochventures.com told CNBC-TV18, "I like SpiceJet. It was fairly valued even at these levels and the kind of revival the company has shown in the last two years, it is stupendous and Ajay Singh has done something very good with the company, it has completely turned around. So, valuation wise SpiceJet is a good bet followed by Jet Airways."

"Whatever news we have regarding Interglobe Aviation bidding for Air India, or probably it is in the news, I think there are a lot of inefficiencies in a government system which they need to knock out and there are a lot of things which they need to actually tinker upon before taking this call. I think that SpiceJet is one of the best bets in the aviation space. I think we should avoid IndiGo for the meantime and if at all we do not have any clarity, I don’t think we should go and jump in and buy into the stock," he added.

first published: Jun 29, 2017 04:11 pm

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