SP Tulsian of sptulsian.com told CNBC-TV18, "For Suprajit Engineering, I will wait for the corrections to happen, because you have a lot many idea available in the auto ancillary space. And probably if I need to pick and choose, one can go for Subros, because if you see Subros having corrected because of the fire we have seen in the Gurgaon plant and now, that having stabilised and again returning back to normalcy is giving you a good entry point. And maybe apart from that, if you see the Lumax industries, the lighting play or maybe the stock like Samkrg Piston which has slightly corrected because of the muted Q4 numbers, you just cannot think that these companies will not show the growth going forward.""So, I will not chase the momentum, I will not go with the current them on which the market has been riding. If you just hunt for the other ideas in the same space because you have over 50 stocks available in that space, maybe ZF Steering who have recently increased their capacity. Many of that stocks are seeing quite good now available in the auto ancillary space, so maybe those ideas should be explored now instead of Suprajit and Phoenix Lamps," he added.
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