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Jun 19, 2012, 09.52 AM IST
SP Tulsian, sptulsian.com is positive on Raymond and Arvind.
SP Tulsian, sptulsian.com is positive on Raymond and Arvind .
Tulsian told CNBC-TV18, "In case of S Kumars it is very difficult to take a call because the kind of volatility extreme we see on one day it corrects by about 10-12% in a single day then settles. These kinds of moves are happening. Whenever the stock gets corrected then it takes about couple of weeks to come back to that or regain the entire losses. But yes, there are concerns on the Arvind that the stock has not been performing well because of the bad Q4 numbers posted by the company and delay in monetization of the realty assets also."
He further added, "I will be keeping my positive view especially on Raymond and Arvind from hereon. Even the positive view is maintained on S Kumars also. But volatility or the kind of extreme weakness, which we are seeing in S Kumars, is really difficult to understand. But from hereon I don’t think that much downside is seen in all three stocks."
Action in Raymond
May 23 2013, 13:57
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May 23 2013, 09:33
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