Amit Mantri on Manpasand Bev: It's Important to Identify Bad Investments & Stay Away From Them

Very little independent diligence done by analyst community for Manpasand Beverages, said 2Point2 Capital PMS' fund manager Amit Mantri. “The fact that they were generating so much revenue from the Indian Railways was not adding up. We were trying to do basic back of the envelope calculation and the numbers were not adding up in many cases when it came to Manpasand and that is when we decided to spend some time, to do some surveys, to ask consumers whether they are using this product,” he said. CNBC-TV18 is India's No.1 Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise. Subscribe to our Channel: https://goo.gl/hKwgtm Like us on Facebook: https://www.facebook.com/cnbctv18india/ Follow us on Twitter: https://twitter.com/CNBCTV18News Website: http://www.moneycontrol.com/cnbctv18/