Prefer Asian Paints over Berger Paints: SP Tulsian

SP Tulsian of sptulsian.com told CNBC-TV18, "Definitely Berger Paints has posted good numbers, but if you see the valuations, it is very expensive and if you compare it with Asian Paints, there is difference between the sizes of both the companies. This is mainly the crude derivative play, because they are all seen beneficiaries because if you see maybe there are only two or three players – Kansai Nerolac or may be Akzo Nobel, even Shalimar Paints have been posting profits which they have all been posting losses for the last two quarters.""I will not be taking a call on Berger Paints at their current rate. Maybe given the choice between two, I will go with Asian Paints rather than Berger, though Berger Paints' results are seen to be good," he said.