Gokaldas Exports can add Rs 8-10, says SP Tulsian, sptulsian.com.
Tulsian toldCNBC-TV18, "Gokaldas Exports is largely to do with the control now taken over by the Blackstone. But I don't think that the immediate improvement in the financial health of the company is likely to happen or maybe the financial turnaround. So this is more to do with the sentimental effect on the stock because Blackstone has been holding the ownership of the company and now they have taken over the management also."
He further added, "One has to see the turnaround on the fundamental basis and this has to do more with the sentimental value, I won't be advising buying maybe a rise of about Rs 8-10 from hereon is likely; Rs 125 but not beyond that and it would be risky to buy or enter in the stock now at these levels."
