Jet Airways can move to Rs 365- 370: SP Tulsian

Jet Airways can move to Rs 365- 370 and Dish TV India has target around Rs 84-85, says SP Tulsian, sptulsian.com.

Tulsian told CNBC-TV18, “Jet Airways, this time if you take call on a sequential basis the results are likely to be better because of the advantage having gone to both the airlines Spicejet and Jet Airways because of the non-operations of the Kingfisher Airlines and I think because the base has been very low, the share has been ruling at about, in fact today it has moved up by about Rs 15, but otherwise earlier it used to rule at Rs 375-380. So, tomorrow post results we may see some positive surprises coming in, into the stock price which can make it move to Rs 365-370.”
He further added, “I am keeping my positive stance on all the cable stocks - you include Dish TV, Hathway, DEN, Sun TV. Now the next figure is on the 1 million population city in which about 38 cities are getting covered with deadline of 31st March, 2013 and the kind of orders which have come from Bombay High Court though the Madras High Court has given a stay up to Monday, Chennai has been blacked out. So overall one can say that the process has been rolled out and they will be seen really a big beneficiary. I am surprised to see that why Dish TV is trading with mild negative bias. But I am keeping a positive stance. For Dish TV I have a target of about maybe Rs 84-85 for this series, while on all other stocks you can expect an upside of maybe about 10-15 percent in next couple of months.”