Positive on Kotak Mahindra Bank: SP Tulsian

SP Tulsian of sptulsian.com told CNBC-TV18, "I recommendedKarnataka Bank a couple of weeks back when it was ruling at around Rs 110-115 on the ground that the bank has posted better asset quality, EPS of Rs 21-22, book value of Rs 200 and this is a private sector bank. But apart from that, I will take a call on Federal Bank and Jammu & Kashmir Bank, because even both the banks, the kind of beating which have taken are seen to be quite good.""And amongst the larger one, I will keep my positive stance on Kotak Mahindra Bank because I will not be going with the YES Bank and IndusInd Bank, as having seen such a good run up and on Axis Bank, I have been keeping my cautious stance for the last over 2-3 months.""So, maybe Kotak Bank, Federal Bank and J&K Bank and Karnataka Bank, I will still continue to like even after having risen by about Rs 25-30 in this last couple of weeks," he added.