Amitabh Chakraborty

Torrent Power: Long Term Buy Call

During an interview Mr. Amitabh Chakraborty of Religare Securities said that the companies must perform well in the quarterly results in order to keep their stock valuations high. As per view of Mr. Chakraborty, stock valuations have seen a tremendous rise in last 3 months of year 2007. A net profit increase of 20 – 30 % has already been factored in the stock prices. So, companies need to perform better than this to outperform the market.