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Buy Tulip Telecom: Networth
Networth Stock Broking has maintained its buy rating on Tulip Telecom. In Q1FY09 TTL posted Net Sales of Rs 3346 million against Rs 2145 million in Q1FY08, a growth by 56%.
Networth Stock Broking has maintained its buy rating on Tulip Telecom in its July 31, 2008 research report. "In Q1FY09 TTL posted Net Sales of Rs 3346 million against Rs 2145 million in Q1FY08, a growth by 56%. Current in Q1FY09 TTL posted Profits of Rs 460 million against Rs 285 million in Q1FY08, a growth by 61%. We maintain "BUY"on the stock, having strong growth in its Network Integration and IP VPN connectivity," says Networth's research report.
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