Hot Chips

Rolta is a specialised IT-based solutions provider to the geo-spatial and engineering sectors. The company’s diverse business offerings have made it a market leader in the geospatial, engineering design, defence and homeland security segments. The counter in the last one month has moved up by almost 7 per cent. However, it has underperformed in terms of the BSE IT index which, during the same period, shot up by over 15 per cent. As per a broker, the counter is expected to do the catching up with the BSE IT index in the coming period. Looking at the charts, a technical analyst from a leading broking house expects the counter to move up sharply in the coming period. Thus one can invest in the counter with a short to medium-term perspective. The counter seems to be attractive on account of the heavy build-up in the F&O segment. Thus, investors can enter this counter at its current level to fetch short to medium-term gains.