Prefer Maruti Suzuki to Bajaj Auto: SP Tulsian

Published on Fri, Nov 13, 2009 at 11:35 |  Source : CNBC-TV18

Updated at Fri, Nov 13, 2009 at 16:54  

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SP Tulsian, Investment Advisor

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Bajaj Auto |

Prefer Maruti Suzuki  to Bajaj Auto , says Investment Advisor SP Tulsian .

Tulsian told CNBC-TV18, "If you really take a trading view on Bajaj Auto and Hero Honda, I don't think that there are much upsides one could really face the volatility. I feel that Maruti has a better trading opportunity. It has already corrected. You would not see much downside coming in even from the investment point of view, we see Maruti seeing the delivery based buying from the institutional investors whenever they touch to the level of Rs 1,400 shares, since it is already been ruling at around Rs 1,420-1,430. This seems to be a better option. There you get a larger trading opportunity with a minimum downside risk. So for the remaining days of this series, I think it would be viable or feasible to move from Bajaj Auto to Maruti Suzuki."

  

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