Investment Advisor, SP Tulsian is of the view that positive on JSW Steel , Bhushan Steel .
Tulsian told CNBC-TV18, "I think if you can really be a little bold and take the alternatives available like JSW Steel or Bhushan Steel they have better prospects. If one can enlarge his horizon may be to non-ferrous metal or even Sterlite Industries at these level looks good. There has been uptick in the demand, in the price and all these things are going well for the steel companies that are reason that all the companies also have posted good results."
He further added, "But my preference or my advice would be to broad base the holding instead of confirming or concentrating in one stock like Tata Steel because you have 3-4 choices available in ferrous metal as I said Tata Steel, Steel Authority, JSW Steel, Bhushan Steel but my preference will be definitely be going more for JSW Steel and Bhushan Steel."
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