In an interview to CNBC-TV18, SP Tulsian of sptulsian.com gives his picks from the realty space.
SP Tulsian of sptulsian.com, says that IDFC is currently seeing profit booking. Around Rs 182-184 was seen as a resistance for the stock. The stock may correct to about Rs 172. But the positive stance continues to remain on the stock. The recent development on GMR front will be negative for the stock.
SP Tulsian of sptulsian, says that both REC and PFC had a good run up and investors should book profits in these stocks. These stocks can see correction of arounf 10-12 percent. He is also not optimistic on NTPC, as the company does not have the authority to increase the power tariffs and the capacity addition has not been good.
In an interview to CNBC-TV18, SP Tulsian says he expects the Nifty to be rangebound between 6100- 6150. He says the market is likely to touch 6150 mid- January.
SP Tulsian of sptulsian.com in an interview to CNBC-TV18 says he is not too optimistic on the gold loan companies' performance.
SP Tulsian of sptulsian.com, says that after the change in management of OnMobile and considering the financials he is positive on the stock. He is also positive on select metal stocks.
SP Tulsian of sptulsian.com, says that he is bullish on the cement sector going forward especially on stocks like ACC, Ultratech Cement, Mangalam Cement, OCL India and Dalmia Bharat Enterprise.
SP Tulsian of sptulsian.com has picked up two regional construction companies â€” Vijay Shanthi Builders and Ganesh Housing Corporation as his multibaggers for the day.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com is cautious on realty stocks.
In an interview to CNBC-TV18, S P Tulsian of sptulsian.com says he expects the Jet Airways- Etihad deal to come through this month.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com advises investors to stay away from the Nifty.
SP Tulsian of sptulsian.com, says that he has a positive view on Sintex because there is no fear of FCCB redemption happening and the share can move to Rs 85-90 as the business model is much in place and the company has a cash flow of Rs 400-450 crore every year.
SP Tulsian of sptulsian.com, says that Etihad looks a serious buyer and is in talk with Kingfisher, Jet Airways and Spicejet. Kingfisher is not a cheap option and it is very difficult to take a call as to how the debt will be repaid. Among the three, Spicejet is a good option followed by Jet Airways.
SP Tulsian of sptulsian.com, says that PSU banking stocks can see a maximum upside of 5 percent from current levels. Asset quality is a major concern for PSU bank stocks. I have a cautious view on the PSU banking space.
SP Tulsian of sptulsian.com, says that he don't expect the Nifty to cross 6,000 in this series on cash level; I am not taking into account Nifty Future, which generally rules at a premium of 30-40 points. So, I am not expecting the Nifty on a spot basis to move beyond 6,000 in December.
SP Tulsian of sptulsian.com, says that the market is correcting because of profit booking. All retail stocks ran up much to the expected level and after that possibility of an up side is limited. Also there are some apprehensions or caution on the Rajya Sabha vote. I am hopeful that the Congress will win the vote.
SP Tulsian of sptulsian.com, expects profit booking to come in Tata Steel and JSW Steel and after profit booking theses stock can further move up by about four to five percent. However, he is positive on Hindalco, Sesa Goa and Sterlite.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com, recommends Hexaware and Polaris among IT stocks. He says that upside can be expected in these stocks, but is negative on the larger IT stocks.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com recommends Suzlon Energy to long-term traders. He says the news of Suzlon Energy's debt restructuring is actually positive news for the stock
SP Tulsian of sptulsian.com recommends investors to book their profits in Tata Coffee after the shares surged today. The stock hit Rs 1,557.70 on NSE. The stock has been on a run, up 33 percent, since it announced second quarter results on Oct 22.
SP Tulsian of sptulsian.com, says that it was expected that results of both Vijaya Bank and Allahabad Bank would be negative. The asset quality of Allahabad Bank has deteriorated heavily by 45-50 percent and gross NPA has gone up by 1 percent.
SP Tulsian of sptulsian.com, says that maybe on a sequential basis, the PAT or margin is likely to fall for Crompton Greaves.
SP Tulsian of sptulsian.com says that the Bata numbers have disappointed. The pace of good numbers which the company posted for the last four quarter has been broken with this result.
SP Tulsian of sptulsian.com, says that the results of Thermax will not disappoint but it will not be too exciting because the company has been maintaining flat numbers for last three quarters and the trend is likely to continue.
SP Tulsian of sptulsian.com, says that he has a positive stance since the stock corrected to Rs 200. Even if they post an EPS of Rs 5-6 for the second quarter but the order execution will happen in the fourth quarter. One can expect an EPS of close to Rs 21-22 for whole of FY13.