SP Tulsian of sptulsian.com is positive on Orchid Chemical from a long term perspective.
Tulsian told CNBC-TV18, “Keeping my cautious to negative view on Educomp because I don’t think that one can really expect anything from Educomp but coming on the Orchid Chemicals, since they have sold one of their division having realised Rs 800 crore and reduced the debt to that extent, it has to be seen but that is also not likely to get reflected into the results to a great extent.”
He further added, “May be keeping a positive stance on Orchid Chemical from a long term point of view but I am expecting neutral kind of results from the company but definitely disappointment from Educomp.”
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