SP Tulsian of sptulsian.com, says that at this stage it is difficult to quantify or crystallize the amount of penalty that will be levied on the companies whose names have been alleged in the report. Of all the three reports tabled in the Rajya Sabha, the report on coal allocation block is of high magnitude.
SP Tulsian, sptulsian.com, says that he is not surprised with Sterlite move to exit from the Nifty by September end. However, he feels it is a very logical and a calculated move by the company. He is of the opinion that the merged entity has the benefit to take advantage of all natural resources.
SP Tulsian, sptulsian.com, say that Reliance Capital results are not encouraging because of the increase in the interest liability as well as the non-improvement seen in the finance and investment portfolio where a major chunk of capital of the company is employed to the extent of Rs 10,000 crore.
SP Tulsian, sptulsian.com has picked up Dalmia Bharat Sugar and OCL India as his multibaggers for the day.
SP Tulsian, sptulsian.com, says that the result of Pantaloon has again displayed a poor show. For Pantaloon the interest burden has increased by Rs 30 crore from their core retail business operation. One has to really see how the company or the promoters reduce the debt burden.
SP Tulsian, sptulsian.com has picked up Visaka Industries and Goodyear. Visaka Industries, he says, is an attractive bet. â€œThe stock can touch Rs 175 in 12 months,â€ he adds. According to Tulsian, Goodyear can touch Rs 400 in next 12 months.
SP Tulsian tells us how the telecom sector will behave after the fixation of reserve spectrum price.
SP Tulsian, sptulsian.com, says that considering overall results and chances of getting FDI in aviation sector sooner or later, Jet Airways looks a good buy. He has a positive stand on Jet Airways.
SP Tulsian, sptulsian.com, says that considering yesterday‘s fall if LIC Housing Finance there are quite apprehensions that the result may not be on the expected lines and we may see disappointment. In fact, same performance has not been seen from HDFC, GIC Housing Finance and Gruh Finance.
SP Tulsian of sptulsian.com selected Excel Industries and Hyderabad Industries as multibaggers for the day.
SP Tulsian of sptulsian.com explains to CNBC-TV18 that the government has two-to-three weeks to announce decisions on issues like the increase in diesel and LPG prices followed by FDI in retail and aviation. Of the stocks that will announce results on Tuesday, Lupin and ING Vysya Bank are the most promising.
SP Tulsian of sptulsian.com, says that he is not impressed with the Praj results and he says that he does not think investors can expect growth even in the next four quarters. Tulsian feels that the results of RIL would be disregarded and he holds a cautious view.
SP Tulsian, sptulsian.com, says that he is not impressed with the results of Dish TV though the markets have given thumbs up to the results. However, he has a buy call on Zee and expects profit booking to come in for Dish TV.
SP Tulsian of sptulsian.com, says that the deferment in EGoM is the main cause of concern.
SP Tulsian of sptulsian.com, says that there is no specific reason for today‘s rise in Goa Carbon. Tulsian is however positive on Sintex Industries, and holds a long-term view on the stock. Tulsian does not expect any improvement in the upcoming RIL results.
SP Tulsian of sptulsian.com, says that he is happy with the results of Sintex Industries and he feels that the stock is quite comforting. I don't think the market will be too disappointed with the results.
SP Tulsian of sptulsian.com, says that the move of the government to infuse Rs 993 crore in HMT is not a wise decision on the part of the government, as this PSU has not been able to make profits in the last 4-5 years, despite getting revival package at regular intervals.
SP Tulsian of sptulsian.com, says that he has a positive view on SKS Micro Finance and expect the stock to move further. However, he is cautious on all UP-based sugar mill stock after the run up in last few trading sessions and expects mild correction in the range of 5-8% in the stock.
SP Tulsian of sptulsian.com, says that Sesa Goa and Kalyani Steel will be the direct beneficiary of the news from the Karnataka government to restart iron ore mines and JSW Steel will be a beneficiary user due to this move.
SP Tulsian, sptulsian.com, says that it is better to wait for the telecom meet outcome and then take a call on telecom stocks.
Market analyst SP Tulsian of sptulsian.com explains to CNBC-TV18 that his first preference among the power stocks are the financing companies REC and PFC on which he expects a further upside of 15%
SP Tulsian of sptulsian.com, says that he does not see any trading opportunity in Reliance Communication in July.
SP Tulsian of sptulsian.com, says that the weak rupee has made sugar export more viable and delay in crushing season in Brazil has helped to keep the prices firm.
SP Tulsian of sptulsian.com, says that the unexpected recovery of 150 points in the last 30 minutes has been due to Bank Nifty has moved more than 150 points.
In an analysis of the impact of the CCI penalty on cement companies guilty of cartelisation, SP Tulsian of sptulsian.com explains that the CCI order has rightly linked the penalty to profits.