Buy SpiceJet, may hit Rs 45 soon: Tulsian

Written By Unknown on Sabtu, 04 Mei 2013 | 16.02

SP Tulsian of sptulsian.com feels SpiceJet has good potential to hit Rs 45 in next one week. He advised buying the stock.

Tulsian told CNBC-TV18, "The second stock which I feel that still has good upside potential in spite of having seen a good run up in this last one week is SpiceJet. The stake sale news may surface and apart from that company is gearing up to import the aviation turbine fuel (ATF). That will be seen quite positive and good cost reduction can be seen by the company on that account. The buying can make the stock to move to a level of Rs 45 in next one week to 10 days."

The stock rallied 6.4 percent to close at Rs 40.50 on Bombay Stock Exchange on Friday.



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