Buy Indiabulls Real Estate with target of Rs 220: Tulsian

Published on Thu, Jul 02, 2009 at 13:42 |  Source : CNBC-TV18

Updated at Thu, Jul 02, 2009 at 16:42  

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Buy Indiabulls Real Estate with target of Rs 220: Tulsian

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Investment Advisor SP Tulsian is of the view that one can buy Indiabulls Real Estate at Rs 210 with a price target of Rs 220.

Tulsian told CNBC-TV18, "I have chosen to buy Indiabulls Real Estate at Rs 210 with a target of Rs 220. We have again yesterday seen a huge volume in the stock and renewed interest maybe in the power sector because the company has a strong presence in real estate with 10,000 acres of land under development in SEZ; commercial or residential with plants of creating power generations capacity of 10,000 Mw, so again a buy call on this stock."

  

Entities: SP Tulsian
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