Pantaloon may move to Rs 235- 240: SP Tulsian

Tulsian told CNBC-TV18, “Lanco Infra and Kingfisher Airlines I would choose at this point in time. If you really want to focus purely on the infrastructure stock then I may add IVRCL and Nagarjuna Construction as well.”

He further added, “Pantaloon, maybe a setback for the traders, but if the investors keep a view, I am expecting that in the next couple of months because definitely the serious discussion will start by the promoters with the prospective foreign investors into the company and that will definitely be vastly improving the valuation of the company. So if somebody can keep a view of maybe about next couple of months they can look to a price of Rs 235- 240.”