SP Tulsian positive on Pantaloon Retail

SP Tulsian, sptulsian.com is positive on Pantaloon Retail.

Tulsian told CNBC-TV18, "I continue to be positive on Pantaloon Retail. If I need to take a call of FDI I think the fastest which will be seen of that FDI infusion coming in one company will be the Pantaloon and obviously the largest in the retail space. If you recall I have been giving a call target of Rs 240 for the last one week, but since now the share has risen to about Rs 215-218 probably maybe the limited upside is seen from hereon of about 8-10 percent. But I will continue to be keeping my positive bias."
He further added, "Similar is the case with the realty space. If you see the kind of valuations of the stocks virtually they were ruling at price-to-book of 0.6-0.7 or maybe less than 1, I am not going by the earning parameters because earning is not consistent and sacrosanct or evenly distributed over each quarter or each year, so keeping a positive stance on there also."
"I will keep my positive view more on the power generation companies, which has a respectable operational capacity, maybe like Lanco having 4,000 megawatt, Adani Power having about 4,500-5,000 megawatt, JSW Energy having 3,000 megawatt. So wherever these standalone power generation companies are, with the kind of valuations at which they are ruling still seen to have good upside of maybe 20-25 percent in next 2-3 months or so."