Jul 18, 2012, 03.31 PM IST

Buy Mphasis with target Rs 395: Kunal Saraogi

Kunal Saraogi of Equityrush is of the view that one should buy Mphasis.

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Kunal Saraogi of Equityrush is of the view that one should buy Mphasis .


Saraogi told CNBC-Awaaz, "One should buy Mphasis with a stoploss of Rs 375. The stock can touch Rs 395 in coming days."


The company touched its 52-week high Rs 475.80 and 52-week low Rs 277.00 on 28 Jul, 2011 and 17 Nov, 2011, respectively. Currently, it is trading -19.31% below its 52-week high and 38.59% above its 52-week low.


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