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RIL results may not excite mkt, positive on Sintex: Tulsian
7/16/2012 05:30 PM
SP Tulsian of sptulsian.com, says that there is no specific reason for todays rise in Goa Carbon. Tulsian says that he has a negative view on AP Paper, and says that investors should exit this stock and re-enter at Rs 260-275 levels. Tulsian is however positive on Sintex Industries and holds a long-term view on the stock. Tulsian does not expect any improvement in the upcoming Reliance results.
Below is the edited transcript of his interview to CNBC-TV18.
Q: What is your view Goa Carbon it is up today by 11%?
A: There is no specific reason for the up move of this stock but this type of move always happens ahead of the results. This company always comes out with good results as their realisation of Calcined Petroleum Coke (CPC) has been doing quite well.
Q: What is your view on AP Paper? Do you think that the stock has topped out as it has more than doubled in the last six months despite poor results this time?
A: When we looked at the Q4 results we thought that the
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