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Last Updated : Nov 20, 2015 10:33 AM IST | Source: CNBC-TV18

Prefer Whirlpool, Voltas: SP Tulsian

SP Tulsian of sptulsian.com is of the view that one may prefer Whirlpool of India and Voltas.


SP Tulsian of sptulsian.com told CNBC-TV18, "I see lot of potential in the consumer durable names. Maybe to name the stocks it could be Voltas, Whirlpool, Lloyd Engineering, and Hitachi Home. However, if you want me to pick one or two probably I will go with Whirlpool and Voltas."

"If you see the performance of Whirlpool, it has been quite good. I was not disappointed with their first half (H1) performance or maybe taking Q2 numbers also. They had an operating profit margin going up marginally by about 60-70 basis points. They may be having an EPS of closer to Rs 18-20."

"Same thing is with Voltas. They had a little subdued quarter for Q2 but again I won’t be too disturbed with that. Even one can take Lloyd Electrical and Engineering also but that is little ruling high and that is why little high beta nature also. It goes up by Rs 25-30 in one go, so I don’t know if today’s opening can see a gap up opening for Lloyd Engineering. However, these two stocks I am quite positive," he added.

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First Published on Nov 20, 2015 10:33 am
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