Enter Coal India at Rs 310: SP Tulsian

Enter Coal India at Rs 310, says SP Tulsian, sptulsian.com.

Tulsian told CNBC-TV18, "Coal India has come quite close to that maybe now ruling Rs 316-317. Probably I had been taking a call at Rs 310 where it makes as a good buy and as we have discussed that the useful heat value replacement with gross calorific value is going to effectively help the company in FY13. This pain seems to remain only restricted for this quarter."
He further added, "So taking that into account again I am expecting that the stock has the potential to move back to Rs 345-350 maybe in next 45 days. So with that view definitely it makes an entry point at Rs 310 with a target of about Rs 345-350 in next one and a half month."