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Wednesday 20 July 2011

Tulsian's multibaggers: Tulip Star, Xpro India and Nile Ltd


SP Tulsian of sptulsian.com joins CNBC-TV18 to give his outlook of the market today and pick his multi-bagger ideas. He recommends Tulip Star Hotel, which recently won an arbitration at Juhu Centaur. Valuations reveal almost Rs 200 crore market cap and even when taking a very conservative view, the stock could go up to Rs 300 in about 6-12 months, Tulsian says.
His next pick is Xpro India . The company which is into commercial film packaging has shown sharp improvement in its financials, he says. Though topline remained steady, bottomline almost doubled in the previous quarter. The company barely has any debt on books and currently commands a book value of 100. Trading at earnings per share of Rs 10, it is very likely that over a 5-6 month period, the stock could breach Rs 75 level and return an EPS value of Rs 12.