May 29, 2013, 08.03 PM | Source: CNBC-TV18
SP Tulsian of sptulsian.com advises to enter HDIL at current levels. He is also positive on entire real estate space.
SP Tulsian (more)
CEO, sptulsian.com | Capital Expertise: Equity - Fundamental ,IPO
He further added, “I don’t think that this litigation with the Mumbai International Airport can really prolong for a very long time because even GVK Group is under the dire stress of finance. They are in need of funds and all that. So, I am keeping my positive stance. But for this Rs 442 crore there is nothing negative in the financials except that the topline has not come which because of non-monetisation of FSI and TDR by the company. So, I am keeping my positive stance on the stock. In fact this should be used as an entry point. As such I have been keeping my positive stance on all the real estate stocks.”