SP Tulsian positive on DLF

SP Tulsian of sptulsian.com told CNBC-TV18, "I think that DLF has bottomed out. The process on the real estate developers has now started picking up may be on a selective basis. Now it has started happening only in the southern pocket – Brigade Enterprise, Prestige, Sobha Developers, so probably this will also start."

"Actually the time or the season for the real estate developers have started now because for the last couple of months has been lull. DLF has already peaked out. So I am quite positive on the stock. I think that may be in next 3-4 months one can look for a return of about 15-20 percent," Tulsian said. Also Read: All launched projects sold; see sales pick-up in Q3: DLF