Kalpataru Power may give 15% returns: SP Tulsian

Kalpataru Power may give 15% returns in next one year, says SP Tulsian, sptulsian.com.

Tulsian told CNBC-TV18, “All the power transmission companies have not been doing much performance on the stock exchanges. If you take the name of KEC International also same thing is happening with Kalpataru Power. So, maybe with this order flow and with the kind of indications given by the management one can – because I don’t think that there is any kind of negative seen in the stock. However, the problem is of the returns that how much you can really expect whether you can expect a return of 15 percent or 20 percent.”

He further added, “Generally in these kinds of stocks people find it very dull and boring because you don’t have much activity, you don’t have newsflows, you don’t have that kind of kick coming in. So, maybe this stock can be taken for long-term investments, those who have a view of about one year or so with expected return of about 15 percent or so.