Vijay Chopra of enochventures.com told CNBC-TV18, "I would recommend the investor to get out of power generation companies and get into a power trading company. We have recently heard about the news regarding capping of the power tariffs. So that would definitely hit the balance sheets of power generation companies."
"There are companies like PTC India, Power Finance Corporation (PFC), Rural Electrification Corporation (REC) which are better placed and over a period of time they would earn better if one wants to remain in the power sector. Therefore, it is better to get into power trading companies rather than power generation companies."
"There are better opportunities available in the pharma space although Marksans Pharma is not bad but if we compare it with Sun Pharmaceutical Industries which is available at Rs 690-700, I would recommend Sun Pharma rather than Marksans Pharma. I think this stock can run up to Rs 700-750 within no time," he said.
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