SP Tulsian cautious on Gati

Written By Unknown on Selasa, 14 Januari 2014 | 18.00

Jan 14, 2014, 04.19 PM IST

SP Tulsian of sptulsian.com is cautious on Gati.

Tags  SP Tulsian, sptulsian.com, Gati

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SP Tulsian cautious on Gati

SP Tulsian of sptulsian.com is cautious on Gati.

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SP Tulsian cautious on Gati

SP Tulsian of sptulsian.com is cautious on Gati.

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SP Tulsian of sptulsian.com told CNBC-TV18, "I will be cautious on Gati . Apart from institutional buying, more of the two or three individuals, the high net worth individuals (HNIs) those who have bought the stock – and if one takes their 12 subsidiaries of which five are stepped down overseas subsidiaries, I do not think that one can draw any kind of comfort from that. The financial performance has nothing and whenever these kinds of things happens the stock goes up because that much stock has got extracted or sucked from the system or maybe from the float."

"One is going to see that upsurge coming into the stock but now it should settle because fundamentals are still not convincing," he added.



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