SP Tulsian of sptulsian.com told CNBC-TV18, "I don't call Gayatri Projects as an engineering, procurement, construction (EPC) player. They have the minority stakes in majority of the companies, anywhere between 15-30 percent or 15-40 percent of power projects, infra projects and all sort of things.""However, apart from that you have been seeing some market making or momentum kind of things which is also not giving comfort to this kind of stock. NCC have the larger presence now in the real estate and NCC can be considered as a pure EPC player," he said."NCC's financial performance has not been that bad. Any kind of monetisations in their projects whether it is in the real estate or reality assets or may be in other build–operate–transfer (BOT) projects or may be assets, that will be seen positive. So, I have positive stance on NCC but I will remain away from Gayatri Projects.""Maybe today NMDC will correct to Rs 83-84 but I am seeing a weakness in the stock and won’t be surprised to see the share correcting to Rs 77-78 in next couple of weeks as well."
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