Exit Punj Lloyd at higher level: SP Tulsian

SP Tulsian of sptulsian.com told CNBC-TV18, "Punj Lloyd - likely to be good numbers with bottom-line can be expected at about Rs 20 crore with top-line of Rs 3,100 crore. But I have my doubts whether these numbers can really be taken as a trend reversal or maybe they can be really sustainable in the future."

He further added, "I will keep my apprehensions and whenever we see that kind of things happening either on the expectations or even if you see some good numbers coming in, I don’t think that one should really go long and those who are holding the stock can even look to exit and go for the profit booking or maybe exit from the stock at the higher level.”