Tulsian positive on Coromandel Int, GSFC

Published on Tue, Aug 23, 2011 at 18:30 |  Source : CNBC-TV18

Updated at Tue, Aug 23, 2011 at 18:46  

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SP Tulsian, sptulsian.com

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SP Tulsian, sptulsian.com is positive on Coromandel Int and GSFC .

Tulsian told CNBC-TV18, "I am maintaining my view on Chambal Fert that, stock is fully priced on fundamental basis but if you see on the technical's I think the stock is in the strong grip of the bulls and it is not allowing the share to - yesterday we had that news of gas price getting decontrolled or de-regulated and even in that situation it has not corrected much, so may be on a fundamental basis Chambal Fertilizer is looking over valued or may be having reached to its fair value but yes in the other stocks like may be GSFC or may be Tata Chemicals or may be RCF or may be for that matter Coromandel International, these four stocks are really looking good on a pure fundamental basis they are still ruling at a very cheap valuations like we have discussed yesterday GSFC is ruling at a PE multiple of close to 4, RCF is ruling in a single digit, same thing is with Coromandel International."

He further added, "So having positive view on all these things but more positive view on the complex fertilizer maker rather than pure urea play."

  

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