The latest analysis and commentary by stock market guru SP Tulsian on what is moving the markets today.
On Arvind, SP Tulsian said, “We are in fact keeping positive view now with the record date having been announced.
"Even if you take the current valuation of the Arvind it seems to have been quite low. So we are in fact taking a positive call,” Tulsian said.
On Motherson Sumi, he said, There is value in the stock at the current level. "If you have a little longer horizon of about 6-12 months and these weaknesses in the global market as seen in some pocket of the geographies, I don’t think that is going to hamper the overall working and growth of the company,” Tulsian added.
YES Bank also falls in the same category where the bottoming out is happening and the resignation of OP Bhatt has nothing to do with this fall, said Tulsian.
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