Tulsian told CNBC-TV18, "We expect that Hero Motocorp is going to disappoint on the margin as well as on the absolute bottom-line. I do not expect much disappointment or much poor numbers coming in from Maruti Suzuki and the kind of run up which we have seen in it that could only be the reason for profit booking."
He further added, "I am not keeping a positive stance on the share price, because if you really see the share has moved up more than Rs 300 in this series. So in spite of the satisfactory numbers likely to get posted by the Maruti, we may see the profit booking coming in into the stock, because this has to go with the expiry management, whenever the stock is into the grip for that series the stock remains in the positive stance. But yes, we will keep a cautious stance for Maruti Suzuki and I expect that stock can correct to about Rs 1,450 or so in the next series, so not taken a call on the results now."
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