Sell Gammon Infra; prefer NTPC, Power Grid: AK Prabhakar

AK Prabhakar of IDBI Capital told CNBC-TV18, "I have exit or sell on Gammon Infrastructure Projects. This company has not been making profit for a very long time. One has to be in quality infrastructure where they have cash flows to complete the project otherwise it becomes very difficult. Gammon Infra is an oldest company in India but after the debacle in Delhi, they have not been doing well. So in the last three-four years they are making consistent losses and holding on to loss making company doesn't benefit.""There are better companies maybe one can shift on to power sector where I like Power Grid Corporation of India or NTPC," he added.