May 30: SP Tulsian positive on Mahanagar Gas, Petronet LNG and J Kumar Infra

The latest analysis and commentary by stock market guru SP Tulsian on what is moving the markets today.

He shared his views and readings on Coal India, Bharat Petroleum Corporation (BPCL), Indraprastha Gas (IGL), Mahanagar Gas (MGL), Petronet LNG, Eveready Industries India, Bharat Electronics (BEL), J Kumar Infraprojects, Dilip Buildcon, Ashoka Buildcon, Sagar Cements, Confidence Petroleum, Gati, Federal-Mogul Goetze and Siyaram Silk Mills.

Speaking about J Kumar Infraprojects, he said, “The kind of work they have been doing in Mumbai, I think the stock should continue to do well with earnings per share (EPS) of Rs 18 having posted by them for fiscal 2018. I won’t be surprised to see the EPS coming closer to about Rs 22-23.”