Stock market guru, SP Tulsian, on Thursday said he continued to maintain positive view on L&T Finance, M&M Financial, Shriram Transport and Cholamandalam.
Tulsian said, for example, L&T Finance already has the line of credit or may be the comfort of about Rs 2,000 crore from their parent company, Larsen & Toubro, "Even if you see the asset liability mismatch may be for the next couple of months, I am not worried for the margin compression as that is a known fact that Q3 will be seeing margin compression or may be some haywire in the financial result."
On auto space, Tulsian said, "November auto sales data may not cheer on the expected lines as the expectations are seen to be quite high. Secondly, the benefits of the festive demand is now seen getting reflected into the better offtake."
"In the case of two wheelers, things will not be so disappointing as the festive demand got reflected. I am keeping a positive bias on the automobile sector stocks going forward, but may be some profit booking is not ruled out in view of the shares already having risen," he added.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.