Buy Triveni Engineering, Balrampur Chini: SP Tulsian

SP Tulsian, sptulsian.com advice traders to buy Triveni Engineering, Balrampur Chini or Dalmia Bharat pre- results.

Tulsian told CNBC-TV18, “One can just keep the two sectors on the radar – one is the cement and second is sugar. If you really want me to take a call on the pre-earning or the pre-results estimates I will probably be bullish on all the sugar stocks, which are based in UP and I can names 4 or 5 companies in that category, which are Triveni Engineering, Balrampur Chini, Dalmia Bharat Sugar- all of them or maybe the Dhampur Sugar.”
He further added, “I won’t be including Bajaj Hindusthan because the kind of inventory they are all carrying anywhere between Rs 400 crore to about Rs 1500 crore and we have a unrealised gain of close to 12-15 percent. So that could only be the sector where the buying can be initiated before on hopes of the better working. But otherwise two sectors remain on my radar – one is cement and second is sugar. Except for that I won’t be really taking a call or plunging into any of the stocks ahead of the earnings or ahead of the results announcement.”