Rail infra stocks are not for the timid, be ready for huge swings: Deepak Shenoy

Deepak Shenoy, Founder, Capital Mind, a lot of infra stocks here will do well, whether it is directly in railways and defence or in indirect infra. We like L&T, for instance, I think it has been a long time coming for that stock to move. They have been doing very reasonably in the last few quarters as well. Also we have got companies like RVNL, IRCON, a PSU-led pack in the railways where a lot more orders are coming their way. Be ready to take a 25-30% downside on any of these stocks because they are very, very volatile, both on the upside and downside. This is not for the timid or the tame hearted. These stocks are going to be very volatile.