Accentia Tech looks attractive: VVLN Shastri

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Accentia Tech looks attractive: VVLN Shastri

VVLN Shastri of Firstcall India Equity Advisor is of the view that Accentia Technologies is looking attractive at current level.

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Excerpts from Your Stocks on CNBC-TV18 Watch the full show » ALSO READ See previous views by VVLN Shastri See what other Experts & Brokerages are saying about Accentia Techno See messages about Accentia Techno BSE | NSE 01/01/70 Are Mutual Funds betting on ?

VVLN Shastri of Firstcall India Equity Advisor is of the view that Accentia Technologies is looking attractive at current level.

Shastri told CNBC-TV18, "In the small and midcap segment I like Accentia Technologies because this is a company, which for the first quarter has shown fabulous results of Rs 23 crore topline and Rs 6.1 crore profit and going forward also, I think it will be in a position to maintain its growth rate because the company is on the envelope of closing three more overseas acquisitions and recently even Great Eastern Shipping Group also picked up one preferential placement basis stake in this counter and Chatterjee Group also picked up stake in this counter. This counter looks attractive to me and our company holds this stock too."