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Parsvnath and Lanco Ratings by ET

November 6, 2006

Economic Times Investor guide has “3*” rating on both Parsvnath Builders Limited and Lanco Infratech. They recommend investors with a 3 year horizon to BUY Parsvnath Builders and Long Term for Lanco Infratech.

Arun Kejriwal, director, Kejriwal Research and Investment Services, “The stock looks fairly priced, but considering the revenue prospects and potential value of Parsvnath’s assets, the stock promises to be a good investment option. We think investors should subscribe to the issue

“The valuations are justified if we look at future earnings potential. We recommend the stock(Parsvnath) as a good long term bet,” says Surya Narayan Nayak, analyst, Networth Stock Broking

Given its presence in high growth sectors like power, construction and property, we are optimistic about the business model and revenue visibility. One can invest in Lanco from a long-term perspective and gain substantial returns” adds Jigar Valia, analyst at Parag Parikh Securities

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