Realty booming but prefer to play it through building materials & home financiers: Pawan Parakh
Renaissance Investment's Fund Manager, Pawan Parakh, is bullish on the real estate sector but prefers to invest via building material and home financing companies. Parakh is cautious when valuing real estate companies' due to their P&L statements, thus avoiding developer-side stocks. Parakh believes ITC as a stock should do well after the demerger.
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