Sell Lanco Infratech, prefer IDFC: Kunal Saraogi

Kunal Saraogi, CEO at Equityrush told CNBC-TV18, "Lanco Infratech is an underperforming stock. If you look at its overall history, this is a stock that has destroyed a lot of wealth for a lot of investors. I think it is time to exit out of this counter, move on to something qualitatively better. A good switch could be IDFC at lower levels which is an indirect play on infrastructure."

"Also IRB Infrastructure, once it breaks out from the current consolidation, can be a very good buy. So I think you would be better off if you exited the stock on rally," he added.