Angel Broking Views on IVRCL, Bharti Airtel, HDFC Bank

IVRCL
The company has an experienced and competent management with order book at almost 4x its FY2008 revenues and a good execution track record to take advantage of the huge opportunities available in the infrastructure space.

Bharti Airtel

There remains tremendous potential for Bharti to increase its teledensity further. The performance by the telecom company is likely to remain strong in future.

HDFC Bank

Despite the odds, the long-term prospects remain strong (underpinned by strong GDP growth of 7-8% and increasing credit penetration). Moreover, large private banks continue to gain market share, have strong core profitability and are available at attractive valuations.