In an interview with CNBC-TV18, SP Tulsian of sptulsian.com said he had been cautious on FMCG stocks for quite some time. Though, the recent news on cigarette companies from an Australian court has pulled down ITC, he believes further correction of about 3-4% can create fresh buying positions in the stock.
first published: Aug 16, 2012 04:42 pm
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