SP Tulsian of sptulsian.com, says that PNB may disappoint the market due to fear of asset quality However, ICICI Bank may surprise the market with positive numbers. Axis Bank, Yes Bank, IndusInd Bank and Kotak Mahindra performed well.
SP Tulsian of sptulsian.com, says that the result of Coromandel are good. Good margin was expected due to better off take and margins.
SP Tulsian of sptulsian.com, say that the net profit of Reliance is in line with street expectations. If the interest income goes up beyond Rs 1500 crore then the market will be disappointed.
SP Tulsian of sptulsian.com, says that he feels that the company will give positive surprise. In the Q1 the company reported a PAT of Rs 4500 crore and according to my calculation the PAT for this quarter will be Rs 5,380 crore, and the increase can be largely attributed to refining and petchem business.
SP Tulsian, sptulsian.com, says that if one-time spectrum fee is charged on 6.2 Mhz then it will be negative for Bharti and Idea. Traders and investors should stay away from these stocks.
SP Tulsian of sptulsian.com, says that post monsoon, things are turning out to be good for the cement stocks. In this monsoon season, the cement companies have done very good business, baring 45-60 days when the intensity of monsoon was high across pan-India.
SP Tulsian of sptulsian.com, says that investors should remain invested in United Spirits, Mangalore Chemicals and Fertilisers and Kingfisher Airlines. Diageo deal which is likely to happen in next 15 days, and if the deal happens then all these three stocks will rise at least 25% from the current level.
The Supreme Court, whle delivering opinion on presisidential reference, said there cannot be any constitutional restriction on means adopted to serve public good.
SP Tulsian of sptulsian.com, says that continuously, cement has been the most liking sector. In last 45 days, ACC and Ambuja Cement have been moving in a range.
SP Tulsian of sptulsian.com, says that in the organized retail space, Pantaloon is the best company available in terms of network and infrastructure.
SP Tulsian of sptulsian.com, says that both the stocks are good buy on dips. Implementation of digitalisation by 31October in four metros will be a strong point in favour of Dish TV and all cable network as well as the DTH stocks.
SP Tulsian, of sptulsian.com, says that he expect the Nifty to not fall below 5350 level. Bank Nifty has reached a level of 11400-11500. Bank Nifty can again fall to a low of 10200 as Bank Nifty is exhibiting the maximum activity.
SP Tulsian of sptulsian.com, says that had the market remained opened tomorrow then we would have seen the bigger reaction â€“ a knee- jerk reaction to the news of Mamta pulling out of the UPA-II.
SP Tulsian of sptulsian, says that may be 5650 will be seen for the whole of the week. Even if Mamta takes an extreme view of moving out of the UPA but lending support from outside, I don‘t think that will be seen too negative.
SP Tulsian of sptulsian.com, says that the limit of nine cylinders is extended in Delhi and it is likely to get extended in other part of the country as well. He thinks that the government has taken a practical stand of increasing the limit to nine cylinders.
SP Tulsian, sptulsian.com, says that he does not have negative view on auto stocks. But I will avoid Ashok Leyland and TVS Motors as they have been losing market share and profitability is under pressure compared to their peers.
SP Tulsian of sptulsian.com, says that the market will react positively to this diesel price hike which was much awaited. He thinks that the market has not factored this kind of price hike.
SP Tulsian of sptulsian.com, says that for BHEL there is and fear of 28-30% order cancellation.
SP Tulsian of sptulsian.com, says that the announcement of merger between Sea Goa and Sterlite with a swap ratio of 60% is negative news. If Sesa Goa falls by 5%, then same effect or weakness will be seen in Sterlite as well.
SP Tulsian of sptulsian, says that more weakness can be seen in the case of ferrous metal sector for companies like Tata Steel, JSPL, JSW Steel, SAIL. Tulsian has a comfort level only on JSW Steel and it can be looked for buying at the lower level.
SP Tulsian of sptulsian.com, says that he is over all quite positive on media space. Dish TV can move up to Rs 80-85 especially because the kind of digitalization moves which is now likely to gather momentum and the stock will benefit. Apart form this he am positive on Hathway, DEN Network, Zee Entertainment and Sun TV.
SP Tulsian of sptulsian.com says that he is positive on both the stocks. A good entry can be made in SKS at below Rs 100 and in Manappuram Finance at the current or at a 2-3% correction.
SP Tulsian of sptulsian.com, says that Reliance Infratel or RComm has not been able to divest their 53,000-54,000 towers. It is certain that Bharti Infratel will not get the desired valuation or even a compromised valuation, if they arrive. It will be difficult to push the IPO.
SP Tulsian of sptulsian.com, says that he is not convinced with the financial performance or the valuations of Gujarat NRE Coke which has been deteriorating in every quarter.
SP Tulsian of sptulsian.com, says that the falling margins and huge debt are two major concern for Bharti at the moment. He says traders can trade in MTNL stock with a target gain of Rs 3-4 but investors should stay away from entering this stock at this high level.