Buy BGR Energy: SP Tulsian

Buy BGR Energy, says SP Tulsian of sptulsian.com.

Tulsian told CNBC-TV18, "BGR Energy is engaged in providing turn key project solutions to oil and gas and power generation with order backlog of close to Rs 8000 crore and the company is likely to post an EPS of close to 45 for the current year which results in share ruling with PE multiple of about 8. The buy call has been given with a day target of Rs 348 and stop loss of Rs 325."