Stock market guru SP Tulsian of sptulsian.com on Thursday said he is positive on Biocon, Aurobindo Pharma and Divi's Laboratories.
On Coal India, Tulsian said, âIf you go by the news flow, then definitely the logic says that keep away as the government has allowed 100 percent FDI in the coal sector. However, we are keeping a positive view on Coal India because of the dividend play and it's PSU stock. FY19 has been a little laggard for the performance of the company but FY20 will definitely be seeing some hopes."
Talking about auto stocks he said, "In September and October, I expect 10,000 tractors to get sold by Escorts and 40,000 tractors by Mahindra & Mahindra (M&M). So we are keeping a positive view after we got this data of tractor registration from Escorts and M&M."
Speaking about NCC, he said, âIf I go by the financial performance, I would definitely say that Q1 has been little lower but till FY19, the performance has been very good by the company and mainly of the execution capability. If you go by the order positions and the performance, which the company has demonstrated till FY19, at least I am keeping the extremely positive view."