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Right time to pick Maruti is now, says stock market guru SP Tulsian

Updated : April 03, 2019 03:50 PM IST

SP Tulsian of sptulsian.com believes that the right time to buy Maruti Suzuki is now.

“On Monday morning, if I am not wrong, I had said that ahead of the sales numbers you can take a ‘buy’ call on Maruti and we have been maintaining the ‘buy’ call and this is the right time to pick up the stock of Maruti in your portfolio as long term investor,” said Tulsian, in an interview with CNBC-TV18.

Talking about Jet Airways, he said, “Coming on the target - I have the target of Rs 300 seen maintained maybe by May 31st when this whole process will get resolved. The process of the changes of hands is seen very much on track except for this February 12th circular by which the lenders have acquired the stake of 50 percent plus in the company. I am hopeful that Rs 300 level will be seen on the share price by May 31st or so.”

On Amara Raja Batteries, he said, “We have given a ‘buy’ call on the stock at Rs 660 and we continue to have the same positive bias. There is irrational pessimism seen building up…. on financial performance they have been consistently posting good numbers, better than Exide on their core business.”

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
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