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Escorts needs to reinvent itself in newer areas: Prakash Diwan

According to Prakash Diwan of Altamount Capital Management, Escorts needs to reinvent itself in newer areas like defence or railways. He said the stock justified its rich valuations and said that is a clear vindication of the faith that people had on the stock.
Banks' NPA woes to continue; prefer HDFC, Kotak Bk: Hazari

Hemindra Hazari recommends avoiding the entire financial intermediary space because there is still lot of pain to come but if institutional investors have to be in the space then one should look at HDFC Bank and Kotak Mahindra Bank.

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Psu Banking Space

Escorts needs to reinvent itself in newer areas: Prakash Diwan

Banks' NPA woes to continue; prefer HDFC, Kotak Bk: Hazari