NIFTY 50

SP Tulsian positive on Phillips Carbon and Asian Paints

Updated : January 22, 2019 04:31 PM IST

In an interview to CNBC-TV18, market expert SP Tulsian shared his reading and outlook on specific stocks and sectors.

On Asian Paints, he said the Q3 numbers have been excellent numbers and In fact, the company has added the capacity also.

"Obviously, the capacity utilisation ramp up takes time. So, if you take that into consideration apart from high double-digit growth in the decorative segments, the numbers are seen to be quite good, Tulsian said.

"I have been analysing the numbers of Shree Cement, TVS Motor, Havells and Asian Paints, I will rather take Asian Paints as the best amongst all these 4-5 numbers having posted by these companies," he said.

On Phillips Carbon, Tulsian said, "After seeing the Q3 numbers I have not been able to accept the fall which we have seen in the share price to the extent of about 25 percent in this last couple of days."

"Maybe I think the reason of such a fall is not known in the share price, but it has come to a very attractive level and deserves an investment at the current level by maybe with a view of 4-6 months or so," Tulsian 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.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV