SP Tulsian of sptulsian.com told CNBC-TV18, "One can look to shift from Housing Development and Infrastructure (HDIL) into Prestige Estate, which has a strong presence in Bangalore or one can look to move into Indiabulls Real Estate, which again has strong presence in Mumbai. Or one can look to move into DLF because all the three companies are ruling at their bottom.”
“Going ahead if you take the view from the next 12-18 months, I think they should be able to do relatively better than what HDIL is expected to do. So no point in remaining invested now in HDIL, one should take a shift in one of these three stocks,” he added.
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