Prefer Adani Port, says SP Tulsian

SP Tulsian of sptulsian.com told CNBC-TV18, "The results of Adani Ports and Special Economic Zone are out; they are not bad but not good as well. The stay which was ordered by the Gujarat High Court has been removed now and the results fear is also not there because people always remain cautious and more especially on Adani group stocks because Adani Power posted good numbers on the operating front and Adani Port also has shown good numbers.”

“Adani Port reasonably have been ruling at a level of Rs 150 plus. It went to as high as Rs 160-164 but because of Gujarat High Court, which came about couple of weeks back, since then it has been languishing. So, now both the events are behind the company, so one can take a positive call on the stock from the current level,” he added.