HomeNewsBusinessStocksSP Tulsian positive on Essel Propack

SP Tulsian positive on Essel Propack

SP Tulsian of sptulsian.com is positive on Essel Propack.

January 21, 2016 / 23:20 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

SP Tulsian of sptulsian.com told CNBC-TV18, "The results of Essel Propack have been good. If you see the increase of by about Rs 10 crore on the margin on a sequential basis and we have talked of the reduction in the polymer prices, so I am keeping a positive stance.""If you see the stock has also corrected by about Rs 50 in this last one month or so. I am not saying that is in fact the phenomenon with all the midcaps stocks, that is not the reason but Q3 numbers have been good."Essel Propack ended at Rs 144.10, up Rs 8.60, or 6.35 percent on the BSE.

first published: Jan 21, 2016 04:15 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!