SP Tulsian positive on Eicher Motors

SP Tulsian of sptulsian.com told CNBC-TV18, "The best results I feel is from Eicher Motors because if you really see the results and the kind of run-up which we see in the stock I won't be surprised to see a price of Rs 4500. Now it is ruling closer to around Rs 4000.”

He further added, “Prestige Estate’s results were very much on the expected lines because we have been seeing good offtake in the Bangalore region and may be in the southern part also. I have been convinced with Prestige Estate. In fact in the past also I have recommended but I won't call it bumper results.”
“Tech Mahindra - I don't know how the market will behave but in case of all the four results we have seen the stocks getting corrected after the results whether you take the case of Tata Consultancy Services (TCS) or Wipro or HCL Technologies, all of them have corrected. So may be the forex adjustment factor of about Rs 160 crore, some people may use this as a profit booking opportunity. So though I am keeping a positive stance on Tech Mahindra but I won't trade for the day because I just don't want to take any one side view. So positive on Eicher Motor, neutral on Prestige Estate and remain sideways for a day on Tech Mahindra.”