SP Tulsian of sptulsian.com has advised the investors to take a positive call on Bajaj Auto, Hero MotoCorp and TVS Motors. He, however, is keeping a cautious view on Eicher Motors.
On Indiabulls Housing Finance, he said, “If you see stricter guidelines coming in from the regulator, then that should be in fact positive for the companies like HDFC and Indiabulls Housing Finance.”
Speaking about DCB Bank and Federal Bank, Tulsian said, “From February we have been recommending Federal Bank when it used to rule at Rs 82-85 and DCB Bank when it used to rule at Rs 180-185. Already having risen by 25-30 percent for both the banks, we continue to have a positive bias. However, if the stock has risen by about 30 percent in the last four months, it has to take a pause.”
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