HomeNewsBusinessStocksDo not buy BF Utilities, says SP Tulsian

Do not buy BF Utilities, says SP Tulsian

SP Tulsian of sptulsian.com advises not to buy BF Utilities at these levels.

November 05, 2013 / 17:03 IST
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SP Tulsian of sptulsian.com told CNBC-TV18, "BF Utilities has doubled in last 10 days almost may be in eight-ten trading days. It used to rule at Rs 190 and now moved to Rs 380 largely because the Nandi infrastructure corridor in Bangalore where its has huge real estate property has got cleared. Now the valuation call is being taken on. I won't advice to buy the stock definitely now at this stage because there is no point."


The share touched its 52-week high Rs 391.80 and 52-week low Rs 118.10 on 07 January, 2013 and 07 August, 2013, respectively.
first published: Nov 5, 2013 05:03 pm

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