Kotak Mahindra Bank looks promising and one should buy the stock on any correction, advised Deven Choksey of KRChoksey.

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“Definitely at any correction in the price, one should be getting into the stock,” said Choksey in an interview with CNBC-TV18.

On Bharti Airtel Q2 earnings, he said the growth seems better and faster compared to the earlier quarters and added that the company will be in a better position to generate higher revenue going forward.

“In subsequent quarters too with the improvement into the situation, they would be in a much better position to sell the data packs and generate higher amount of revenue,” said Choksey.

“However, for them to make the breakeven and probably making the profit thereafter, at least another 15 percent jump is required in ARPUs. Should that be the situation probably you would see better times going forward for Bharti on the profit front,” he mentioned.

First Published:Oct 28, 2020 11:39 AM IST