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    Positive on M&M, Avanti Feeds, Sun TV, Zee Entertainment, says SP Tulsian

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    Positive on M&M, Avanti Feeds, Sun TV, Zee Entertainment, says SP Tulsian

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    For Mahindra and Mahindra (M&M), our view remains positive as we are confident that June tractor sales will be good, said SP Tulsian.

    For Mahindra and Mahindra (M&M), our view remains positive as we are confident that June tractor sales will be good, said SP Tulsian.
    One cannot say that the slight delay in arrival of monsoon would be a negative factor for the company’s sales,  he added.
    According to him, although the monsoon will be delayed it won’t be deficit.
    With regards to softness seen in sugar prices, he said they were on expected lines because of the softening of the commodity prices and lower offtake.
    He continues to be positive on Sun TV and said if one were to compare it with valuations of Zee Entertainment.
    He is positive on Avanti Feeds and said at current levels of Rs 1550, investors with 3-6 months can buy. While the cautious investors can buy around Rs 1500.
    However, he is not so positive on Waterbase Limited and Apex Frozen Food but is positive on the overall sector because the export targets for Shrimp exports are ambitious going forward.
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