Prefer Thermax, says Amit Dalal

Dec 27, 2013, 06.13 PM IST

Amit Dalal, ED at Tata Investment Corporation advises to prefer Thermax.

Tags  Amit Dalal, Tata Investment Corporation , Thermax, Crompton Greave

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Prefer Thermax, says Amit Dalal

Amit Dalal, ED at Tata Investment Corporation advises to prefer Thermax.

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Prefer Thermax, says Amit Dalal

Amit Dalal, ED at Tata Investment Corporation advises to prefer Thermax.

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Amit Dalal, ED at Tata Investment Corporation told CNBC-TV18, "A large part of Crompton Greaves ' problems have come not from India, but its global capacities or the European companies which it has acquired, so that problem and its ability to resolve that problem is something that only every quarter we have to assess when Crompton Greaves results come out."

"Where our own country is concerned and the demand for capital goods is concerned I am happy to invest in any company which does not depend on increase in power sector capacity, that is development power capacity for its goods, because I do not think you are going to get another 5000 MW plants coming up for a long time. So other than capital goods or industrial goods  Thermax are companies one should look at," he added.

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