Buy Mphasis; says Mohindar

Published on Wed, Jan 24, 2007 at 16:16 |  Source : Moneycontrol.com

Updated at Wed, Jan 24, 2007 at 18:29  

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Rahul Mohindar, Viratechindia

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MphasiS | Visualsoft (I) |

Rahul Mohindar of Viratechindia is of the view that one can buy Mphasis at current level.

Mohindar told CNBC-TV18, " KPIT Cummins is definitely in handsome shape, there is no reason why one would not recommend holding on to it. Again its not a stock where we would recommend entering at these levels, an entry would possibly be justified more amongst the front running midcaps like Mphasis and in fact for that matter amongst the smaller lot the VisualSoft , I think these are two counters which we can still attempt an entry into. In terms of levels Mphasis has very good support at Rs 270, we have been pointing a target of about Rs 330 on the short to medium term. So, these two counters are clear buys on the midcap techs."

  

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