Moneycontrol
Jun 06, 2012 05:41 PM IST | Source: CNBC-TV18

Pantaloon Retail can move to Rs 180, says SP Tulsian

Pantaloon Retail can move to Rs 180, says SP Tulsian, sptulsian.com.


Pantaloon Retail can move to Rs 180, says SP Tulsian, sptulsian.com.


Tulsian told CNBC-TV18, “Pantaloon Retails, the kind of body language if you have seen the Kishore Biyani I think he has been very confident of reducing the debt of the overall group.”

He further added, “The first initiative has happened in the form of the Future Capital so if you continue with this and if you add this with the noise of maybe some deliberations by the government on the FDI allowing in the multi brand retail I don’t think that will really go through but even if the deliberations start happening that maybe the notes are getting prepared, the deliberations are happening at the secretary level and all those things that can make the share to move to about Rs 180 maybe in this settlement.”

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