Exit VisualSoft, says Shastri

Published on Tue, Dec 26, 2006 at 12:37 |  Source : Moneycontrol.com

Updated at Tue, Dec 26, 2006 at 14:13  

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VVLN Shastri, Firstcall India Equity Advisor

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MphasiS | Sonata Software | Visualsoft (I) |

VVLN Shastri of Firstcall India Equity Advisor is of the view that one can exit VisualSoft .

Shastri told CNBC-TV18, "In the midcap segment definitely Mphasis BFL is my first favourite pick followed by Sonata Software . If one look at VisualSoft after the failure of the amalgamation of the Adlabs with VisualSoft, it has been looking out for alternative options that is why I think with Megasoft it is going for merger and merger operations also has been put in place. But I feel keeping the merger operations in place, beyond the current market place one cannot expect much so. I feel one can definitely make an exit from this stock and look for alternative investments from VisualSoft."

  

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