Zee Entertain, Sun TV top picks: SP Tulsian

Zee Entertain and Sun TV are top picks in media space, says SP Tulsian, sptulsian.com.

Tulsian told CNBC-TV18, “Zee Entertainment though the stock has seen a good run up, second is Sun TV and third is TV18, all three are the top picks in media space. I am not going in the same order because the broadcasters will be seen big beneficiary and all three are broadcasters though Sun TV they have the DTH bouquet also but I am keeping my positive stance on all the broadcasters. In the distribution space one can keep a positive view on Dish TV, Hathway Cable and Den Network.”
He further added, “Tata Global Beverages, process of Starbucks, the opening of the first store and the company will be seen the huge beneficiary because the kind of arrangements Tata Coffee had with Starbucks and Tata Coffee being the subsidiary of Tata Global. I am keeping my positive stance on both the stocks because the kind of valuations or maybe the re-rating which can happen in the stock if you can give the kind of valuations which we are seeing being given to Jubilant Foodworks kind of stocks definitely both Tata Coffee and Tata Global deserves much better valuations.” Disclaimer: Moneycontrol.com is a division of Web 18, which is part of the Network18 Group