Peninsula Land, Bombay Dyeing may give 10% gains: Tulsian

Peninsula Land and Bombay Dyeing may give 10 percent gains in next one month, says SP Tulsian, sptulsian.com.

Tulsian told CNBC-TV18, “All the realty stocks have taken a huge beating maybe because of the fear of the midcap carnage in spite of very much quality component existing in those stocks.”

He further added, “Having seen a good run up in all the stocks, two stocks come to my mind, one is Peninsula Land and second is Bombay Dyeing. Both the stocks seem to have not participated in the rally because I do not think that one can look upon the other stocks. Maybe Indiabulls Real Estate and the HDIL becomes the trader stocks where one can look from a trader’s point of view but if you take a short-term investment point of view with a time horizon in these two stocks Peninsula Land and Bombay Dyeing both are capable to give a rise of more than 10 percent in next one month or so.”