Published On:Tuesday, 17 July 2012
SP Tulsian recommended same stock again which he last year recommended as multi bagger
India's greatest equity research analyst and great mind, SP Tulsian recommended *** Ltd. as strong buy which he had recommended last year as multi bagger.
Talking on CNBC TV18, he said "In the market collapse, the stock has drawn out so much that it now automatically became a multi bagger idea and I strongly recommend this stock to my investors."The stock fell down from 100 rupees to 20 rupees during the year and according to Tulsian therefore it became strong enough to go to 40 rupess therefore creating a multibagger idea for investors.
According to sources, great investor Rakesh Jhunjhunwala acted on this recommendation of Tulsian first time ever since Tulsian started recommending the stocks. However, now he is loss laden because of the recommendation.