Moneycontrol
Last Updated : Jan 04, 2016 12:20 PM IST | Source: CNBC-TV18

Positive on Jai Corp, target Rs 100: SP Tulsian

SP Tulsian of sptulsian.com has a positive view on Jai Corp with a target of Rs 100.

SP Tulsian of sptulsian.com told CNBC-TV18, "Jai Corp still has a good upside. In a couple of days, it has gone up by 20 percent. In the land bank, Navi Mumbai SEZ has 4,100 acre and Mumbai SEZ has 4,600 acre in which Jai Corp is having interest. With this trans-harbour link, Sewri to Navi Mumbai, that will give a good value to that land. Still things are there, regulatory clearance and all that conversion from SEZ, but this company is holding minority stake in that and that will definitely be seen quite positive."

"I am still positive and when I gave the buy call 2-3 days back, at that time I gave a target of Rs 100, so I am sticking my target of Rs 100 for that," he said.
First Published on Jan 4, 2016 12:20 pm
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