Exit Maytas Infra at 240-250: SP Tulsian

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Exit Maytas Infra at 240-250: SP Tulsian

Exit Maytas Infra at Rs 240-250, says Investment Advisor, SP Tulsian.

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Excerpts from Your Stocks on CNBC-TV18 Watch the full show » ALSO READ See previous views by SP Tulsian See what other Experts & Brokerages are saying about Maytas Infra See messages about Maytas Infra ILandFS Engg BSE | NSE 30/05/12 Are Mutual Funds betting on ILandFS Engg?

Exit Maytas Infra at Rs 240-250, says Investment Advisor, SP Tulsian .

Tulsian told CNBC-TV18, "If you see this series of events which has happened in the companies starting first coming out of the mess, then taking over by ILFS, then going for CDR package and now going for a strategic investor in the form of Saudi Bin Laden group."

He further added, "One should keep a short term horizon of maybe next couple of months because once the CDR approval and once the allotment to SBG group happens in a full fledged manner, share should find its level at close to about Rs 240-250 where one can think of taking an exit at those levels."