Here's why Pankaj Pandey is bullish on utilities sector

economictimes.indiatimes.com:

«From a number perspective, the numbers are not really inspiring. And even though the valuations look attractive, there is outlook for better ad spend by most of the end-user industries it is very difficult to build confidence in the stock at current levels,» says Pankaj Pandey, Head Research, ICICIdirect.com.Just wanted to get in your thoughts then, as to what you believe could potentially emerge today as we will be seeing the NCLT decision and how critical it is for Zee? I think that is probably the only trigger which can help the stock because when you look at numbers, it is a washout quarter for them. Ad revenues have been declining.

And I think going forward market share recovery in segments like Marathi or Tamil or even the Hindi flagship channel, I think will hold the key. So, the only trigger which is there is the judgment today. And that I think will have a key role to play.

Otherwise, from a number perspective, the numbers are not really inspiring. And even though the valuations look attractive, there is outlook for better ad spend by most of the end-user industries it is very difficult to build confidence in the stock at current levels.Import restrictions on laptops and tablets, which means that if you are planning to buy a laptop, buy it before October. And if you have not bought it right now, please go today. That is what the message from the government is. But markets are also considering this as an opportunity because the stock price of Kaynes, Dixon, Amber, everything has gone up. Is there merit in buying some of the EMS stocks, electronic manufacturing stocks? If yes, which one? If no, why not?We do not have coverage on most of the companies so, which is why I would not be able to comment.