TTK Prestige may slip to Rs 3200-3250: SP Tulsian

SP Tulsian of sptulsian.com told CNBC-TV18, “TTK Prestige have always been ruling at a hefty valuations, but if I take a call on the numbers, EPS of 24 plus against EPS of about 17 plus in the same quarter of the previous year makes the numbers quite good. But generally you see the stock moving in a broad range of maybe about Rs 3150-3700 and right now it is ruling virtually at the mean of both these things, so maybe one can look for a dip at a level of around Rs 3200-3250 that will make it a good entry point from a short-term point of view.”