Financial Tech has target of Rs 1444: Thunuguntla

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Financial Tech has target of Rs 1444: Thunuguntla

Financial Technologies has target of Rs 1444, says Jagannadham Thunuguntla, SMC Global Securities.

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Excerpts from Power Breakfast on CNBC-TV18 Watch the full show » ALSO READ See previous views by Jagannadham Thunuguntla See what other Experts & Brokerages are saying about Financial Tech See messages about Financial Tech Financial Tech BSE | NSE 10/02/12 Are Mutual Funds betting on Financial Tech?

Financial Technologies has target of Rs 1444, says Jagannadham Thunuguntla , SMC Global Securities.

Thunuguntla told CNBC-TV18, "Financial Technologies has target of Rs 1444. The company has proven in all the verticals they operate and it has a great management as well and it's a great space and inspirational story."

He further added, "Also the buzz that Sebi will be clearing their MCX-SX stock exchange application will be huge boost for the stock and also big face lift for the company if they get into the stock exchange. The stock market game will be huge bump up to their revenue as well, so Financial Technologies has been picked up in that context."