Entire railways sector overvalued, cherry pick in power sector: Pawan Parakh
Pawan Parakh of Renaissance Investment Managersbelieves the power sector is entering a big secular cycle with increasing demand and potential earnings in generation, transmission, distribution, and financial sectors. However, he is generally underweight on metals due to global news flows. Parakh mentions the frothiness in railway stocks and the power sector, highlighting the expensive utilities but the potential in power financiers like REC.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
