SP Tulsian positive on Cairn India, Hindustan Zinc

SP Tulsian, sptulsian.com is positive on Cairn India and Hindustan Zinc.

Tulsian told CNBC-TV18, “Cairn India, we may have this share settling maybe at about Rs 315-320. I don’t think that the exit of Rahul Dhir will really be lasting for a very long time and from hereon again probably the stock will see the renewed buying interest coming back either from the traders as well as from the investors.”
He further added, “Taking a longer call on the Vedanta stocks because post the merger of Sterlite Industries with Sesa Goa, I am keeping my very bullish view on Sesa Goa because post merger in the new avatar of Sesa Sterlite we will be seeing the combined business of crude oil, iron ore, zinc, copper, aluminum everything coming in one fold and that will really be making Sesa Sterlite a very big company, I am keeping a very positive view on the stock and even on a standalone-basis for Cairn India as well as for Hindustan Zinc also I have my positive view. So overall I am keeping a positive view on all the Vedanta Group companies.”