Sunil Hitech has target of Rs 150: SP Tulsian

SP Tulsian of sptulsian.com is of the view that Sunil Hitech Engineers has target of Rs 150.

Tulsian told CNBC-TV18, "Sunil Hitech is mainly catering to the power producers. They are providing erection and creation of structures for power projects, boilers, coal handling plant, handling fuel liquid and solid both coal and liquid fuel both. In FY11 they had better performance than FY12. They had an earning before interest of 17% for whole of FY11 which was a 12% for FY10. The EBITD of Q4 that is place at about 20% against 13% or 14% for the corresponding quarter of the previous year. Talking about the whole year