Tulsian positive on GM Breweries

SP Tulsian of sptulsian.com is positive on GM Breweries.

Tulsian told CNBC-TV18, "GM Breweries is making country liquor. The bottomline what the company has posted in FY10, they have shown the same kind of performance in H1 and if I take the same trend because they have posted the identical results in Q1 and Q2 so one can easily extrapolate the results to find out FY11 performance, which I expected to be about maybe Rs 225 crore as topline and EPS is likely to be about 23-24." He further added, "It