Hot Chips - Rolta India
Ali On Content / 03 Aug 2009
Rolta is a specialised IT-based solutions provider to the geo-spatial and engineering sectors. Considering Rolta’s valuations, investors can consider this counter for investment with a medium-term perspective to make a smart buck.
Rolta India
BSE Code: 500366
Volume: 4602208
CMP: 148.25
Rolta is a specialised IT-based solutions provider to the geo-spatial and engineering sectors. The counter recently has been able to attract huge increase in volume on the bourses. And in the last few trading sessions it has also witnessed a significant addition of open interest in the futures and options space.
A leading derivative strategist has put a buy call on the counter with a target of Rs 168 while a broker expects the company to post remarkable FY09 numbers that are due on August 3, 2009 (Rolta’s financial year ends June). Considering Rolta’s valuations, investors can consider this counter for investment with a medium-term perspective to make a smart buck.