See 5-7% return in Berger Paints: Sp Tulsian

SP Tulsian of sptulsian.com told CNBC-TV18, "Two buy calls I have chosen, one is Berger Paints and second is Madras Cement. Largely the effect of this subdued performance, though I am not disappointed with the numbers having posted by both the companies but the profit booking is being seen in both the stocks.”

He further added, "If one sees the paint company has been my favourite. I have been keeping positive stance and Asian Paints and Berger Paints, two are the preferred bets from that space. I think that Berger Paints having corrected can again give a return of about 5 to 7 percent in the next one week.” “Similar is the case for Madras Cement, We have continuously seeing the informed buying coming into the stock which made it to move to Rs 260 but now it is ruling close to about Rs 222 to Rs 223 which makes it a very good entry point for a gain of about 6 to 7 percent in this next week."