SP Tulsian of sptulsian.com told CNBC-TV18, "If you have a near-term view maybe of up to three months, you have missed the bus in Torrent Power, but if you have a long-term view of about one year, still there is. But, again, we are talking about this midcap, so this applies even to the fundamentally strong stocks also. So, keep them on your radar. Today, it is up by about 9-10 percent, but I do not think that beyond a point, maybe Rs 245 could be the level where one should look to exit. But, again when it corrects by about 5 percent, that makes a good entry point, because I said that this is not only the LNG revision or the downward revision of the gas prices which will benefit the company, they are an integrated player in the Ahmedabad, Surat and Gandhinagar and they have a very robust business plan in place.""Maybe keep on your radar, but still if you want to plunge now at the current level, you need to have a longer time horizon of about 6-12 months," he said.
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